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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

krishna prasanthi

CA Final

13K+

11

617

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

Shankari C

CA Inter

12K+

8

690

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

krishna prasanthi

CA Final

13K+

6

491

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

Balaji K

Qualified CA

7K+

1

461

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

A B

CA Inter

105

4

944

Partnership Accounts

Accountancy

answered on 28-Sep-22 20:25

In this Illustration why they have not taken "Loan from P" to Realisation A/C and they have reversed the Realisation A/C (loss entry) so is it compulsory to do it as we will be getting the same answer even if we don't reverse the entry.

latest answer

Ok thanks

Harsh Mittal

Harsh Mittal

CA Final

1K+

5

447

Cash flow

Accountancy

answered on 26-Sep-22 03:49

Sale and purchase of current investment kaha pe aayega.. Cash & cash equivalement OR investment activities

latest answer

Thank you sir...

Raja Ram charan

Raja Ram charan

CA Inter

25

6

395

AS-10: Property, plant & equipment

Accountancy

answered on 24-Sep-22 21:45

How is Land valued at 5 lakhs?

latest answer

Okay, Thank you.

Sharon M Jacob

Sharon M Jacob

CA Inter

1K+

4

458

Consolidation Of Financial Statements

Accountancy

answered on 28-Sep-22 17:15

How did they got tax expenses.

latest answer

Ok Thanks

Harsh Mittal

Harsh Mittal

CA Final

1K+

2

536

Consolidation Of Financial Statements

Accountancy

answered on 28-Sep-22 17:16

Why they have deducted amount of dividend in calculation of Minority Interest.

latest answer

Ok thanks

Harsh Mittal

Harsh Mittal

CA Final

1K+

3

472