Forums

Liquidation preferencial shareholder settlement

Accountancy

answered on 22-Mar-22 20:38

Here in this below sum I understand the settlement process But what is the treatment of balance 1.8crore of creditor and 45L of workmen due will they be treated as unsecured creditors or what??

latest answer

I don't know but I would suggest you to work on both

Sai Swetha

Sai Swetha

CA Final

7K+

21

404

Deficiency acc _ Liquidation chapter

Accountancy

answered on 22-Mar-22 13:34

Can anyone please send me the calculation of deficiency acc of both illustration 12 and 13 of liquidation chapter???

latest answer

Thankyou

Sai Swetha

Sai Swetha

CA Final

7K+

5

327

Entry for preference dividend

Accountancy

answered on 23-Mar-22 16:34

In the practical question 3 why is the entry for preference dividend missing Chapter - redemption of preference shares

latest answer

Thanks for clarification ð???

mani charan

mani charan

CA Final

3K+

7

346

AS 4

Accountancy

answered on 21-Mar-22 22:35

How to answer questions related to AS 4 in point wise ?

latest answer

Right the relevant provision for question asked relate the case with provision and give conclusion

divya prasath

divya prasath

CA Inter

5K+

1

313

Liquidation equity shareholders settlement

Accountancy

answered on 22-Mar-22 10:36

Illustration 8 prakash processors Ltd.,Im not able to understand the equity shareholders settlement calculation can anyone explain me both the concept and calculation.. I can't understand this particular sum even in indigolearn videos too.. Can anyone clarify this to me????

latest answer

Ok thankyou

Sai Swetha

Sai Swetha

CA Final

7K+

10

394

Investment account's illustration 7,8

Accountancy

answered on 22-Mar-22 11:57

Sir used only 2 columns "Nominal value" And "cost" In sums. But in study material There is a separate column for "Dividend" In investment ACS. So Should I use Sirs presentation or study material ?

latest answer

But do show the income account.

Vijay Ramesh

Vijay Ramesh

CA Final

985

4

316

Redemption of Preference Shares

Accountancy

answered on 21-Mar-22 17:49

What is the usage of Capital Redemption Reserve closing balance in future (i.e after the redemption of preference shares)

latest answer

Sir this point you are told at earlier stage of this chapter. I forgot it, now I noted it thank you very much sir

Ravikumar Pandi

Ravikumar Pandi

CA Inter

2K+

3

312

Hire purchase

Accountancy

answered on 21-Mar-22 11:29

In 19th illustration can anyone say how he has spread 8 installments

latest answer

Ok mam

Pandusml V

Pandusml V

CA Final

4K+

6

392

Net profit

Accountancy

answered on 21-Mar-22 08:17

How to calculate net profit in cash flow statement in Mr Zen's illustration

latest answer

In question they gave net profit value right

N K

N K

CA Inter

5

5

377

Accounting concepts principles and convention

Accountancy

answered on 21-Mar-22 09:25

Accountancy

latest answer

Last day of free access to all courses. Check them

Sonali Kumari

Sonali Kumari

CA Foundation

120

4

348