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Redemption of preference shares
Accountancy
answered on 26-Sep-22 12:52
Why did they pass application entry although it is direct offer to shareholders? Illustration 5 of study mat
latest answer
See its a contract. Can be structured in any way which is convenient
Sugam SM
CA Final
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5
284
Partnership Accounts
Accountancy
answered on 28-Sep-22 20:24
In this Question it is written as "writen off" on building, plant and furniture then also they have charged it for half year it should be written off in full.
latest answer
Ok Thanks
Harsh Mittal
CA Final
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342
Partnership Accounts
Accountancy
answered on 23-Oct-22 06:10
In this Illustration is the Business Purchase A/C made wrong as the profit is shown on credit side.
latest answer
Ok Sir, thank you
Harsh Mittal
CA Final
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14
521
AS 20
Accountancy
answered on 26-Sep-22 11:16
If equity shares were issued on 1st April 20X0 and the amount was collected on 30th April 20X0, Then from which date shares outstanding were calculated?
latest answer
30 th april
Balaji K
CA Final
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301
BRS
Accountancy
answered on 26-Sep-22 15:44
(v) Bankers seems to have given here wrong credit for â?¹ 500 paid in by her in Account No. 8765 and a wrong debit in respect of a cheque for â?¹ 300 against her account No. 8765. How do we reconcile this if we start with bank overdraft as per passbook ??
latest answer
Wrong credit given - 500. So passbook overdraft would be less by this amount. So you will add. Wrong debit given - 300> Passbook overdraft would increase by 300. So you will reduce. If you still have a doubt, pls let us know.
Monisha KM
CA Inter
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595
Consolidation of financial statements
Accountancy
answered on 30-Sep-22 16:37
How to calculate % of holding here
latest answer
NIdhi has not credited interest. So you need to add to profit of Nidhi.
krishna prasanthi
CA Final
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11
397
Redemption of debentures -Acc
Accountancy
answered on 29-Sep-22 18:16
When deb redemption reserve investment should be done ?In some sums they didn't create it .In some sums they have .Can anyone clarify me please
latest answer
Thanks
Shankari C
CA Inter
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490
Consolidation of financial statements
Accountancy
answered on 26-Sep-22 17:08
Are there any sums being asked on the topics of 1.difference in reporting dates 2. Investment in preference share capital As there are no sums in the T.b on those topics
latest answer
Oh okay sir.. thank you very much
krishna prasanthi
CA Final
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6
340
AS 4
Accountancy
answered on 25-Sep-22 14:27
Is the last 3 line explanation correct? For me it seems wrong, comment on it.
latest answer
It is correct. If earthquake is occured after 31st march, then it means there is no evidence as on balance sheet date. And it is not effecting going concern as well. It is clear case on non-adj event. So it is just required to disclosure.
Balaji K
CA Final
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1
318
Financial Statements of Company
Accountancy
answered on 25-Sep-22 11:21
Illustration 2: They calculated Managerial Remuneration using Effective Capital. But how they got Rs.60,00,000 value? Its 33.33% of effective capital i calculated it.
latest answer
Sir I got itâ?¦ I read question again and they said na Remuneration for Period not exceeding 3 years.. So I divided the Effective Capital value by 3 and got value 60,00,000 It will be remuneration of 3 years cumulative i think so they divided by 3 Sorry sir but i really had doubt on this.
A B
CA Inter
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4
706