Amalgamation and external reconstruction

answered on 05-Feb-22 10:51

In this problem i can calculate upto purchase consideration,can anyone explain me after that

latest answer

Intrinsic value can be calculated by net assets / no. of shares. Example for Star Ltd. we will have (7.75L + 2L+ 2L+1.6L + 4L - 1.5L - 85k) / 7500 = 20. Then calculate for Shine Ltd. From that you find ratio of exchange. Journal entries and Balance sheet as usual. Is there any specific doubt?

sriram kannan

CFA L1

★ 0

1

346

AS-10 RTP 2018

answered on 04-Feb-22 17:30

Here they gave only lifts and fixtures have no residual value and they will be depreciated at cost itself but,sir depreciated everything assuming other particulars i.e., roof as well as buliding has nil residual value but this isn't mentioned in the question.

latest answer

It is assumed that even those would be nil. As no info is provided for this

Sugam SM

CA Foundation

★ 9K+

1

223

Advanced accounting

answered on 04-Feb-22 17:14

Is it compulsary to learn all the schedules in banking companies?

latest answer

Yes

Navya Danda

CA Inter

★ 55

1

283

Doubt on Advance accounts regarding ESOP chapter

answered on 05-Feb-22 10:41

Is Exercise price-(minus)Market price = Fair value of shares? In the journal entries which we pass , employees stock compensation expense (which we are amortizing ) is no.of shares * fair value of shares or no.of shares * (exercise price - market price)

latest answer

Thanks a lot sir...for clarifying my doubt ð???

Ps v

CA Final

★ 16K+

2

242

Branch accounts

answered on 04-Feb-22 11:28

How to calculate branch manager salary? Anyone They took( NP * 1/11) why?

latest answer

Because its 10% commission after charging such commission so we know the value for 110% and we are finding out what is 10% so NP x 10/110 = NPx1/11

vs navin

CA Final

★ 1K+

1

274

Practical problems

answered on 02-Feb-22 10:51

Apart from ICAI study material what can I refer to solve more problems on group 1 accounts

latest answer

You can refer 1FIN by Indigolearn Free Resources https://1fin.page.link/hfJd6P3xLpXLRHbf9

bhagyashree chougule

CA Inter

★ 3K+

2

286

Departmental accounta

answered on 02-Feb-22 10:25

Salaries and wages how to calculate? A,B,C

latest answer

Try solving the question and post your solution, we will correct it if required

Raashi 14

CMA Inter

★ 330

2

268

IND AS 1

answered on 31-Jan-22 12:46

Current asset Current asset expects to realise the asset within 12 months after the reporting period. Reporting period means.

latest answer

Thanks sir

Hrushik Joshi

CA Final

★ 5

2

313

Balance sheet

answered on 21-Mar-22 19:15

Sir insurance also will give us benefits in future so y don't we include it in assets

latest answer

Insurance not give benefits it has recover small portion of loss

Black Love

CA Foundation

★ 0

8

368

Balance sheet

answered on 31-Jan-22 10:05

Sir insurance

latest answer

Discussed here - https://1fin.page.link/HcTfEAZsJwtWes6X8

Black Love

CA Foundation

★ 0

1

304