Forums
Internal Reconstruction
Accountancy
answered on 27-Sep-22 21:48
What is the difference between reconstruction ordered by court & not by court
latest answer
Not by court is nothing but voluntary reconstruction So company on its own thinks to make internal reconstruction But in case of an order by law Tribunal orders the company to make internal reconstruction So basically diff between internal reconstruction and external reconstruction is in case of external reconstruction reconstruction takes place externally that means some sort of mergers, acquisitions, take overs comes under this criteria But in case of interna reconstruction rights of share holders and creditors will be changed nothing but reconstruction takes place internally
sasidhar cheboyina
CA Final
★ 95
2
381
ESOP
Accountancy
answered on 01-Oct-22 00:06
In ESOP,If a question gives the no of employees who left the company on an estimation basis for a year as well as real figures of employees left is given,then which no.of employees(real or estimated) to be considered for the calculation of employee compensation expense?
latest answer
Thank you sir
sarvani musti
CA Inter
★ 5
9
431
As2
Accountancy
answered on 27-Sep-22 11:13
Now, finally we have to consider or not..? That Amortization of intangible assets into inventory cost? Point C
latest answer
It should be taken
Divya K
CA Inter
★ 885
1
352
Banking company
Accountancy
answered on 27-Sep-22 09:17
Can anyone expain me this paragraph
latest answer
Deposit means others deposit with us ,if it is outstanding means out deposits with others which is like advance given by the bank Sane way For eg ,. Net payable ( after adjusting 25000 receivabke from the same person) X rs 970000 Like this they have given Now for presentation purpose Payable -- 970000 +25000= 995000 Receivable --- 25000 That's it
theee k
CA Final
★ 435
1
344
AS16 Burrowing Cost
Accountancy
answered on 27-Sep-22 09:14
Sir A movie company Import camera from foreign at that time custom duty laid weather we have to capitalize those cost
latest answer
yes. You will capitalise it as per AS 10.
Raguram R
CA Inter
★ 0
1
283
Rectification of error
Accountancy
answered on 26-Sep-22 21:40
Please explain fifth entry I can't understand this
latest answer
Most welcome.
Nakul Dixit
CA Final
★ 4K+
7
305
Financial Statements of Company
Accountancy
answered on 28-Sep-22 09:43
Sir as I highlighted the text; directors declared dividend of 8% on Equity Shares Transferring any amount that may be required from General Reserve. Right? But ICAI has not even reduced one single rupee from General Reserve and Profit and Loss A/c. Why so? And their balance sheet is accurately tallied.
latest answer
No worries. If you are able to figure out on own nothing like that. Also do not keep your query private. You will get faster response.
A B
CA Inter
★ 105
9
756
Redemption of preference shares
Accountancy
answered on 26-Sep-22 15:41
Which will happen first in real world. Is it payment to shareholders first or transfer to CRR?
latest answer
The transfer to CRR is a book entry. It will be done on the date on which payable entry is reflected.
Sugam SM
CA Final
★ 9K+
1
330
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
★ 9K+
5
299
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
★ 1K+
6
357