Liquidation of Companies, Illustration 9

answered on 16-May-22 08:15

Why â??Debenture Issue Expense not written offâ?? is not taken in Liquidator Final Statement A/C?

latest answer

Profit and Loss (Dr) Balance, Deferred Revenue Expenditure

Rahul Chandramouli

CA Final

★ 600

3

271

NBFC

answered on 16-May-22 12:07

Is this Comparison is correct.i.e. (10% of A) compared with Rs.1116/-(945+171)

latest answer

Yes. Because here investments are in debentures of subsidiaries and not in shares.

Mahantesh Biradar

CA Final

★ 92K+

8

540

How's is accounting paper Imean Is it easy or moderate or tough

answered on 17-May-22 18:26

Please respond

latest answer

Paper was easy and lengthy. Attending 85plus is a great challenge

Mr M

CA Final

★ 3K+

12

359

Pre and post incorporation

answered on 16-May-22 11:13

Time ratio should be considered based on incorporation date or commencement date

latest answer

Incorporation

S.K Anusha

CA Foundation

★ 17K+

1

241

Bank reconciliation statement

answered on 16-May-22 14:21

Sir how to identify the entries that which one come in adjusted cash book and which comes to bank reconciliation statement Please answer fast

latest answer

Sometimes its bank mistake. And sometimes its a dispute.

Nai Jay

CA Inter

★ 7K+

13

388

Inventory

answered on 16-May-22 17:34

Cost on 30/6/2009....?

latest answer

Ok thank you sir

Sejal Shivani

CA Foundation

★ 5K+

11

319

Exam

answered on 16-May-22 16:44

Are we allowed to take two calculators inside examination hall?

latest answer

2 is the best option and also allowed Once faced the issue with calculator and could not find the spare one

Kiran Vijay

CA Final

★ 4K+

6

298

Financial statements

answered on 15-May-22 08:58

Hello Some one pls mention the limits and% of managerial commission.. That when a company having losses ...!!

latest answer

.

Divya K

CA Inter

★ 885

1

315

Branch

answered on 16-May-22 10:07

In foreign branches if we take asset on closing rate them depreciation on that on which rate (closing or average

latest answer

Non integral foreign operation

Gauri Shete

CA Final

★ 4K+

7

284

Pre and post

answered on 15-May-22 10:04

How did they calculate the interest amt

latest answer

50 lakhs x 12% for 1 year = 6 lakhs 1.17 crores x 12% for 3 months = 3.51 lakhs (You can directly take it as balancing figure) The question mentions that the purchase consideration was settled with interest. SO interest up to 1st April is pre incorporation.

Gauri Shete

CA Final

★ 4K+

3

274