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Cash flow statement
Accountancy
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?
latest answer
Thankyou sir
vs navin
CA Final
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Cash flow statement
Accountancy
answered on 12-Sep-22 16:48
Can anyone tell how we got taxes paid as 195
latest answer
Provision - what you created for last year (Liability) Advance tax - What you paid against the provision. (Asset) Hence set off.
vs navin
CA Final
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240
Banking
Accountancy
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?
latest answer
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
CA Final
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260
Doubt
Accountancy
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
CA Final
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293
Amalgamation
Accountancy
answered on 11-Sep-22 08:06
Can anyone please explain me the debenture entry
latest answer
Thank you
Umayal Lakshmanan
CA Final
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322
Financial statement
Accountancy
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
CA Final
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294
Illu 6 ..buyback
Accountancy
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
latest answer
Where is the test for 25% criteria?
Gauri Shete
CA Final
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Life Insurance
Accountancy
answered on 31-Jan-23 19:33
Not tally
latest answer
Life insurance is a contract between an individual and an insurance company where the individual pays a premium and the insurance company provides a financial benefit to the individual's beneficiaries upon the individual's death. The purpose of life insurance is to provide financial protection for the policyholder's loved ones in the event of their untimely demise. There are several different types of life insurance available, such as term insurance, endowment insurance, whole life insurance, money-back insurance, Unit-linked insurance plan (ULIP), and group life insurance. Each type of policy offers different features, benefits, and drawbacks, and it's important to carefully consider all the options available before choosing the right policy for you. It's also important to consider the coverage amount, premium, and riders before making a decision. It's also advisable to consult with a financial advisor or insurance agent to determine which policy is best for you. Life insurance can provide peace of mind, knowing that your loved ones will be taken care of financially in the event of your untimely demise. https://lifeinsurance.adityabirlacapital.com/
Hemanth kumar Kumar
CA Final
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Cogs formula
Accountancy
answered on 09-Sep-22 21:49
Cogs formula
latest answer
Ope stock of FG+ Purchases+Direct expenses -clo stock of FG
Bindu Meghana Popuri
CA Inter
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351
Pre and post incorporation
Accountancy
answered on 12-Sep-22 16:53
What's the ratio for cost of goods sold?
latest answer
100 - GP ratio = COGS ratio
Bumble Bee
CA Final
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