Cash flow statement

answered on 12-Sep-22 11:34

Reserves and surplus! Where can we see it's impact in cfs?

latest answer

Thanks Brother

Bumble Bee

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Accounting Pronouncements / Auditing Pronouncements

answered on 12-Sep-22 10:50

What Are Accounting/ Auditing Pronouncements? Should we learn it for Exams or Its just for reference.

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SAs and ASs/guidance notes are called Pronouncements

A B

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Amalgamation

answered on 14-Sep-22 07:14

Why in this sum, shares to settle loan is treated as shareholders

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Ok sir

Umayal Lakshmanan

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Cash flow statement

answered on 13-Sep-22 14:48

Can anyone tell me why are they adding provision for depreciation towards opening and closing balance of plant & machinery account. What is the logic behind this?

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Thankyou sir

vs navin

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Cash flow statement

answered on 12-Sep-22 16:48

Can anyone tell how we got taxes paid as 195

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Provision - what you created for last year (Liability) Advance tax - What you paid against the provision. (Asset) Hence set off.

vs navin

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Banking

answered on 13-Sep-22 16:48

Why in book illustration provision for standard assets was not created Only when in qn any mention about NPA ,they are compute provision But standard assets @.4% provisions need to be created right ? Please explain sir?

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Can you share the page no or image of question. Because in Illustration 1 what I am seeing, there are no standard assets.

venkatesh sundharamoorthy

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Doubt

answered on 12-Sep-22 18:06

Why does provision for tax have to be set off against advance tax by opening ledger accounts for preperation of cash flow statement ??

latest answer

I had responded to another thread. Are you still having that doubt?

SANSKRITI BADRI 2111339

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Amalgamation

answered on 11-Sep-22 08:06

Can anyone please explain me the debenture entry

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Thank you

Umayal Lakshmanan

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Financial statement

answered on 11-Sep-22 08:45

In thie sum why are deducting 142500 from 800000. 142500 is the excess profit after utilizing preference Dividend. Then it should be available as a reserve for divided purpose right? What is the logic?

latest answer

The logic is that first u deduct preference dividend as it is a charge on profits and must be paid by the company whether it has profits or losses.the pref div is 157500..now what is the net profit u have in q? 3l - 157500 ..which. Comes to 142500..equity dividend is supposed to be 8L right ..how can u pay so much of u have only 142500 ..so the balance since profits are insufficient will be transferred from general reserve ,ie ,8L -142500 becuz all u have left in profit is 142500..now use the dividend n general reserve requirements and verify how much u can actually transfer from general reserve .. I hope it's clear now

vs navin

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Illu 6 ..buyback

answered on 13-Sep-22 16:26

If we consider case on loan fund 1200 cr....please clarify me where am I going wrong...in the equation formed by me If in place of 30x in LHS of last step i.e. 750- 30x I get 40x the answer will be correct

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Where is the test for 25% criteria?

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