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Right Issue

Accountancy

answered on 18-Apr-22 17:35

What is the cum-right value...?

latest answer

When you purchase a share along with right to subscribe to rights issue - the price paid is cum - right price.

Ravikumar Pandi

Ravikumar Pandi

CA Inter

2K+

1

265

Amalgamation of companies

Accountancy

answered on 18-Apr-22 16:31

How to compute cash paid? In 3 point

latest answer

Thank you

Miradevi S

Miradevi S

CA Final

14K+

2

223

NPO

Accountancy

answered on 18-Apr-22 17:41

Will they ask problems as such one which is in practical problems in study mat Where it was quite complex where I took 35 min to complete one problem. But the problem is very good for revision purpose. Can we prepare working note in finding out profit from operations as trading account itself? As in material they gave in statement form answer but it is same as trading account! Can we do like that sir?

latest answer

Looks good.

Sugam SM

Sugam SM

CA Foundation

9K+

5

389

Final accounts

Accountancy

answered on 18-Apr-22 07:47

If the suspence account is given in the trail balance, credit side, where it should go??

latest answer

Pls share full question

niriksha jain

niriksha jain

CA Inter

32K+

3

220

Insurance claim for loss of stock and loss of profit doubt

Accountancy

answered on 17-Apr-22 13:08

In paper 1 accounting the chapter of insurance claim for loss of stock and loss of profit Insurance claim for loss of stock formula 1. Amount of claim= insured value/total.cost.of stock on the date of fire Ã?loss of stock 2.claim subject to average clause= Any.of .policy/value of stock Ã?actual loss of stock 3.insurance claim = loss of stockÃ? insured value /total cost of stock Could you please anyone tell to me how to apply this formula for claiming the loss of stock I just confused????? Where I have to appropriate to apply

latest answer

Most welcome

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

490

5

358

CFS

Accountancy

answered on 17-Apr-22 15:03

How 1905000 came to post acq?

latest answer

Oh ok thank you!!

Miradevi S

Miradevi S

CA Final

14K+

2

266

Inventory

Accountancy

answered on 17-Apr-22 07:50

Explain me this point and as we received in current period but paid in last year will it be inventory of current year or previous year.

latest answer

In books inventory in transit for previous year. For physical stock - it would not be as stock not yet received as on 31st March

Sugam SM

Sugam SM

CA Foundation

9K+

1

323

Revenue

Accountancy

answered on 18-Apr-22 08:55

What is the difference between revenue recognized and revenue realized? Basically I want to know the meaning of recognize and realize in accounting language.

latest answer

Yes. You are correct. Accrued or recognised is earned but not received.

Ratnasri N

Ratnasri N

CA Foundation

0

4

269

Amalgamation

Accountancy

answered on 17-Apr-22 14:28

For example A ltd absorbs b ltd In additional info : some revaluation amount given for assets liability of both compny Nd Question not mentions anything else So In b/s of A ltd Values of A ltd will shown at BV or FV ?

latest answer

Always welcome

Priyanka Agrawal

Priyanka Agrawal

CA Inter

3K+

3

263

Branch accounts

Accountancy

answered on 17-Apr-22 07:35

In the question attached, opening stock, transfer from H.O. and closing stock are at invoice price whereas it is mentioned at the top of the image that these items should be at cost. Pls clarify.

latest answer

Ok thanks!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

407

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