Retirement of partner

answered on 30-Sep-22 15:51

Please send me written solution CA foundation

latest answer

It would be a part of RTP/MTP itself.

Ashwini Kulkarni 19

CA Inter

★ 13K+

1

263

Esop options invested

answered on 04-Oct-22 12:37

By this accounting Since from 2yrs we are reconginzing & showing employee stock option outstanding acc in shareholder funds under reserves n surplus more (i.e, for 1000 shares)and after options invested excess recongized is transfer to general reserve (300shares ) so that liabilities are reconging for more value in 1st 2 yrs ..is it true n fair view recongizition and measurement..

latest answer

No. The best treatment is to transfer the balance to General Reserve at the end.

prasad B

CA Final

★ 3K+

4

346

usage of abbreviation

answered on 29-Sep-22 23:15

Can we use DRR or deb as short forms by mentioning once in full form and mention abbreviation in bracket then continue abbreviation in subsequent part of answer

latest answer

Yes exactly Or else give at beginning mentioning as note

Sugam SM

CA Foundation

★ 9K+

5

234

Trick to remember tier 1,2,3 banking

answered on 04-Oct-22 12:36

Does anybody has any trick to remember what is part of tier 1,2,3 capital ..plz share if anybody has it

latest answer

Just need to revise/practice questions.

Gauri Shete

CA Final

★ 4K+

3

233

Analysis of profit

answered on 29-Sep-22 19:45

Can anyone please show me the analysis of profit for this sum?

latest answer

Thank you so much

Abishek Narain

CA Inter

★ 10

3

280

Is renovation capital expenditure??

answered on 30-Sep-22 15:58

Is firm's building renovation is capital expenditure ??

latest answer

It depends on case to case basis. Normally - Existing interiors will be recognised and new interiors would be recognised as asset.

Atharv Sankliya

CA Final

★ 3K+

5

402

Accounting standards

answered on 29-Sep-22 20:06

Which AS deals with asset held for sale?

latest answer

Yes sir. Maybe this is too early to jump into such complex things ð???.

Yug Bhattad

CA Final

★ 56K+

7

235

As 2

answered on 29-Sep-22 16:34

Why here 4700 took?

latest answer

Yes, 50 is abnormal loss and the cost of abnormal cost should not be included in cost of inventories, they should be separately treated as a loss.

Fathima _

CA Inter

★ 2K+

3

225

Depreciation

answered on 27-Oct-22 13:48

Why do we add back depreciation in cash flow in indirect method

latest answer

we are trying to find out the cash flow from operations with profit as a starting point. In order to find out the profit, we already deducted depreciation therefore because of depreciation my profit is decreasing but not my cash flow. in order to find out cash balance from profit, add back the depreciation, then profit would be turned into cash balance

Abhishek Kambampati

CA Final

★ 0

5

231

Depreciation on overused machinery

answered on 30-Sep-22 17:44

depreciation is charged on a fixed assets on straight method say â?¹1 lac /year if the machine is overused during a year how it is recorded ??

latest answer

Yes it form basis for certain things you learn in Inter.

Atharv Sankliya

CA Final

★ 3K+

9

234