Internal reconstruction

answered on 24-Jun-22 15:44

In this question taxation liability is 1,50,000 settlement ho rahi hai....but na hi cash balance hai or na hi investment sell hui hai or na hi bank overdraft Li hai hai to uska settlement kaise hoga

latest answer

Current Assets include many items like cash, bank, debtors, inventory etc. So we can presume that the current assets amount of Rs. 1 crore includes Cash & Bank. So now the company has enough bank balance to settle tax liability

Rick Y

CA Final

★ 2K+

1

292

Managerial Remuneration

answered on 25-Jun-22 10:49

Why bonus as per books is considered as a disallowed expense and added to net profit as per sec 198. I cant understand what's meant by bonus as per books!

latest answer

bonus as per books is bonus paid to manager and such bonus is added to net profit as per sec 198 for calculating managerial remuneration.

R i S H i Rishikeish

CA Inter

★ 110

1

277

1st

answered on 22-May-23 11:11

1st

latest answer

Thank you .

Nai Jay

CA Inter

★ 7K+

8

571

Bill of exchange

answered on 24-Jun-22 07:12

How discount amount transferred by Rishi to Ravi ??

latest answer

Yes, it is right.

Jitendra Kumar

CA Final

★ 41K+

8

350

Declaration

answered on 24-Jun-22 07:20

Declaration is necessary for minor for examination?

latest answer

Thank you thank you so much

Nai Jay

CA Inter

★ 7K+

12

370

Consignment

answered on 24-Jun-22 05:50

Consignment account is a nature of nominal-cum-personal A/c ?? True or false

latest answer

Nominal

Jitendra Kumar

CA Final

★ 41K+

3

300

BRS

answered on 23-Jun-22 20:21

7 th adjustment sir 5th

latest answer

7) bank wrongly debited B. Philips account, so it deduct from cash book balance to arrive at passbook balance. 5)draft deposited in the bank but bank not created, We already debited to cashbook, now deduct it from cash book to arrive at passbook.

Karpagam Kaliyamoorthy

CA Inter

★ 3K+

1

351

Final Accounts

answered on 23-Jun-22 20:57

How the answer would be 800

latest answer

400

Subramanyam N

CA Inter

★ 6K+

3

340

Accounting for not for profit Organization

answered on 18-Jul-22 14:25

Here why 200 subscription related to 2015 was reduced from subscriptions received during 2015

latest answer

Some confusion

Subramanyam N

CA Inter

★ 6K+

3

302

Ac

answered on 23-Jun-22 18:33

In case of account current working note for calculation of days is required????

latest answer

Sometimes

Nai Jay

CA Inter

★ 7K+

3

304