Managerial Remuneration

answered on 21-Oct-22 17:46

Here they said don't deduct directors Remuneration from gross profits but here while calculating net profits they say deduct directors Remuneration? Isn't it contradictory

latest answer

Managerial remuneration also includes remuneration to MD etc. Sitting fee is not included in managerial remuneration. Since you will understand about directors, managers etc in CA Final, you will be able to understand this better then.

Sugam SM

CA Foundation

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Highest Relative Capital Method

answered on 20-Oct-22 23:04

Highest Relative Capital Method Do we have to deduct " loan from partners" from capital in the beginning to arrive at distribution sequence?? (Or) Do we have to consider "loan from partners" as Inside liability and not deduct it from capital?? Which is the right way of doing??

latest answer

Okay sir

Indra anand

CA Inter

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4

437

Advance accounts banking companies

answered on 18-Oct-22 15:06

In risk weighted assets, guaranteed by ecgc is dicgc is 100% or 50%

latest answer

The risk weight of 50% should be limited to the amount guaranteed and not the entire outstanding balance in the accounts. In other words, the outstanding in excess of the amount guaranteed, will carry 100% risk weight.

Gayathri S Nambiar

CA Final

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258

Goodwill

answered on 28-Feb-24 09:28

Can anybody help me with this sum ? Please help me to find the capital employed. I can do the rest myself

latest answer

To calculate average.

Ardhendu Sekhar Acharya

CA Inter

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branch accounts

answered on 17-Oct-22 16:29

This is from Icai study material illustration 8 please explain stock reserve account by balance b/d 6000 (how this 6000 comes)

latest answer

Goods at branch is cost + 25% Opening stock at branch = 30,000 Stock reserve = 30,000*25/125=6000

Elavarasi B

CA Inter

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382

AS -2 doubt.

answered on 17-Oct-22 14:19

What is the meaning of Joint Cost ? Cost incurred upto the stage of split off OR Total cost incurred for the production of The Joint Products .

latest answer

Till the stage of split off.

Anirved Rahatgaonkar

CA Inter

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1

236

Issue of shares

answered on 16-Oct-22 21:55

Hum jab Share Allotment A/C Dr To Share capital A/C karte hain allotment ke time par toh Share Allotment ko debit kis basis pe karte hain mujhe samajh mein nahin aaya

latest answer

We didn't receive money itself then why u debit bank a/c. If u feel like u forget something watch the lectures from whoever u have learnt and then ask doubts. This and all are basic concepts, no body is free here to teach u basics in forums. Please look into the concepts. Bcz further in this chapter there are lot of adjustments as such forfeiture, pro rata allotment etc...

Ardhendu Sekhar Acharya

CA Inter

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17

256

Doubt

answered on 17-Oct-22 11:06

The debts written as bed if recovered subsequently are credited to debtors account. This statement is true or false

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It would not be credited to debtors account but to Bad Debts recovered Accounts.

Ritika Chaudhary

CA Foundation

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4

242

Bonus

answered on 16-Oct-22 19:41

Securities premium not realised in cash ,can be used for bonus? Because in book it is given realised in cash in one question

latest answer

Ahh thanks

venkatesh sundharamoorthy

CA Final

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246

Final accounts

answered on 17-Oct-22 13:32

Prepare the trading and profit and loss account

latest answer

Thank you.

Varun Palaniappan

CA Foundation

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