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Buy Back of shares
Accountancy
answered on 25-May-22 00:05
What amount to be transfered to CRR if buy back is held by selling the investments for the whole amount of buy back ?
latest answer
Amount equal to face value of buy back has to be transferred to CRR account. This is because there is an obligation to fill the "capital gap" be creation of CRR which will later be used to issue bonus shares. Here when investments are sold the entry is Bank dr To investment But when fresh issue of shares are done the entry would be Bank dr To Equity share capital And if any balance capital gap remains it has to billed by creating CRR for the balance amount
Sai Theja
CA Inter
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Doubt
Accountancy
answered on 23-May-22 11:40
For this question do we need to give definition of adjusting and non adjusting event befor we wrote answer..?
latest answer
Thank you Sir
Sri kanaga Varshini
CA Final
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411
Why do company issue fresh shares for buy back?
Accountancy
answered on 24-May-22 06:55
Doesn't it beat one of the main advantages of buy back, ie, boosting per share value?
latest answer
Fresh issue of equity may be done to buy back preference shares.
Kishore Anil
CFA L1
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Buy back of shares
Accountancy
answered on 22-May-22 17:22
Capital reserve is a free reserve or not?
latest answer
Ok thank you
Likhitha Sivani
CA Final
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295
Hire purchase
Accountancy
answered on 22-May-22 15:54
Meaning
latest answer
Direct entry alli hal
shubham keshri
CA Inter
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356
As4
Accountancy
answered on 25-May-22 10:44
It is not covered by as 4 right??
latest answer
Ok
Sai Swetha
CA Final
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487
As 22
Accountancy
answered on 22-May-22 13:05
Illustration 4... why is it nil for the last year?
latest answer
In first year you have DTL Of 140000 and in second year DTA Of 70000 and after set off of DTL and DTA balance 70000 WILL be there.in 3rd you have DTA of 70000and after set off DTL Will be nil
krishna prasanthi
CA Final
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Amalgamation
Accountancy
answered on 22-May-22 16:38
Is the provision here,wrongly calculated on Debtors?
latest answer
Yes maybe
pradyumna hariramani
CA Inter
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4
433
Inventory
Accountancy
answered on 22-May-22 10:38
Sir can we do it in ledger format of stock account instead of statement format
latest answer
Yes bro
Sugam SM
CA Final
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Partnership accounts
Accountancy
answered on 22-May-22 09:48
Did anyone solved question based on this point.if so please share
latest answer
In this C has debit balance but not insolvent. But D is totally insolvent
Sairam Reddy
CA Final
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