Forums

ESOPs

Accountancy

answered on 11-Jan-23 20:19

Why there are no entries for lapse of options?

latest answer

Not reversed.. The balance standing to the employee stock option outstanding ac will be transferred to general reserve ac

Bumble Bee

Bumble Bee

CA Final

3K+

6

354

Dividend on right/bonus issue

Accountancy

answered on 20-Jan-23 21:50

Does company pay dividends on the bonus/right issue held before the record date of dividend

latest answer

Yes, record date serves as the eligibility criteria.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

401

Investment account

Accountancy

answered on 12-Jan-23 18:04

If taxes paid on investment are refundable then what will be the treatment for this as per AS-13

latest answer

If the taxes are refundable then they shall not be included in the cost of investment

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

313

AS 1

Accountancy

answered on 10-Jan-23 18:37

Can anyone give explanation with example for substance over legal form?

latest answer

Yes. You will understand more of this in leases.

Kamal Kumar

Kamal Kumar

CA Inter

7K+

3

343

AS

Accountancy

answered on 10-Jan-23 06:19

from which module/chapter/unit/pronouncement/part shall we study AS of icai mat ? what is pronouncement for

latest answer

thank you

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

2

372

Question

Accountancy

answered on 20-Jan-23 23:12

Whatâ??s the answer Illustration 3

latest answer

5 lakhs - 3 lakhs = 2 lakhs 2 lakhs / 9 = 22,223 shares In multiples of 50, it is 22,250 shares, as you cannot reduce the original number of shares to be issued, but it can be increased.

07Vyshnavi Shetty

07Vyshnavi Shetty

CA Inter

3K+

2

330

Npo

Accountancy

answered on 09-Jan-23 07:21

Q1)What is to be done with opening, closing stock and purchases. What is shown where? Q2) how is entrance donation capitalised 60,000 in b/s and 90,000 is taken in I & E ac? Q3)How did we get 4,41,000 as fixed assets in bs?

latest answer

Prepare a separate trading account with Purchases, Op Stock, Closing stock and receipts from the activities. Alternatively, you can calculate Cost of Goods sold as Op Stock + Pur - Closing stock and take it to debit of Income and expenditure.

Vedant Vijay

Vedant Vijay

CA Foundation

1K+

3

383

PREPARATION OF FS

Accountancy

answered on 09-Jan-23 10:37

RTP MAY 22 WHY WE DID NOT ADD INVENTORY TO ADJUSTED PURCHASES?

latest answer

Thank u

Kamal Kumar

Kamal Kumar

CA Inter

7K+

7

357

Due date chapter

Accountancy

answered on 31-Jan-23 14:19

if the due date fails on a public holiday or Sunday due date would be 1 days such public holiday or Sunday in this case befor or after

latest answer

Public holiday - Preceding day Sudden holiday - Succeeding day

R K

R K

ACCA Skill

9K+

11

418

Ind as 16

Accountancy

answered on 09-Jan-23 07:26

If we buy dogs and sell them in the market then how it can be a agricultural activity and how it can be classified under Ind AS 41?

latest answer

It is not an agricultural activity.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

344