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Redemption of equity shares

Accountancy

answered on 29-Jul-22 14:04

Why we are not creating capital redemption reserve when we buyback the equity shares(which is also like redemption of preference shares)?

latest answer

Thank youð???

Kanishga M

Kanishga M

CA Inter

0

4

357

AS 4 NON-ADJUSTING EVENTS(DISCLOSURE)

Accountancy

answered on 29-Jul-22 09:30

For Non-adjusting events, where disclosure has to be made (Not affecting going concern and material) , should it be in the Notes to accounts or Boards report?

latest answer

Thank you Sir

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

9

396

Cash flow statements

Accountancy

answered on 30-Jul-22 21:35

In cash flow statements what is the assumption when we charge interest on opening balance of debentures

latest answer

Can you please elaborate your doubt

Naveen Kumar

Naveen Kumar

CA Inter

3K+

1

333

Journal entries to rectify

Accountancy

answered on 27-Jul-22 23:30

Credit sale of old machinery to sohan for 1700 was entered in the sales book for 7100 Mention actual entry, wrong entry and rectified entry

latest answer

I hav the same in my book....thanks a lot

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

5K+

6

541

Cash flow statements

Accountancy

answered on 27-Jul-22 13:39

I cant understand the adjustment

latest answer

Thanks sister

SAKTHI VIGNESH

SAKTHI VIGNESH

CA Inter

4K+

4

351

Preparation of Account Current by Means of Product of Balances method

Accountancy

answered on 26-Jul-22 18:25

Sir, in the video you have said that consider the leap year in this problem, but in material they didn't consider the leap year, and accounted as 1 year =365 days. Which method should I follow sir???

latest answer

Ok sir

Rupa Devi Akkala

Rupa Devi Akkala

CA Final

37K+

5

686

Accounting standards

Accountancy

answered on 26-Jul-22 16:39

As per AS 4, if a debtor became insolvent after balance sheet date and no extra information available, is it adjusting event?

latest answer

Yes.

Pushkala S

Pushkala S

CA Final

3K+

4

340

Cash flow statements

Accountancy

answered on 26-Jul-22 13:15

In answer why interest paid during the year 10520 not added back

latest answer

Thank you sister

SAKTHI VIGNESH

SAKTHI VIGNESH

CA Inter

4K+

5

365

Bad debts recovered

Accountancy

answered on 26-Jul-22 19:29

How will be bad debts recovered treated in branch accounts ,stock and debtors method and it's entry will be????

latest answer

Thanks

Naveen Kumar

Naveen Kumar

CA Inter

3K+

4

436

As-12

Accountancy

answered on 25-Jul-22 21:49

Can we use abbreviations govt in answers?

latest answer

Use full word. It wont save much time

Sugam SM

Sugam SM

CA Final

9K+

3

300