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Accountancy

answered on 20-Apr-22 17:21

Fire occured is extraordinary item Insurance claim received later is ordinary item or extraordinary item ?

latest answer

Extraordinary item.

Jaanu Jaanu

Jaanu Jaanu

CA Final

4K+

2

440

DEBT EQUITY RATIO IN BUYBACK OF SHARES

Accountancy

answered on 20-Apr-22 17:21

DEBT EQUITY RATIO = DEBT / EQUITY. Will all liabilities (including current liabilities like trade payables & provisions) be included in numerator or just short term and long term DEBTS

latest answer

Only debt is to be considered.

Ali S

Ali S

CA Final

8K+

2

1K+

Amalgamation of companies

Accountancy

answered on 18-Apr-22 20:12

Why in this sum pc is calculated on net assets method

latest answer

Thank you sir

Miradevi S

Miradevi S

CA Final

16K+

2

669

Loss due to liquidation

Accountancy

answered on 18-Apr-22 19:55

In this problem they calculated loss as 59lakhs but how did that came !

latest answer

Thank you

Kumar G

Kumar G

CA Final

12K+

2

550

Ca inter Advanced accounts

Accountancy

answered on 18-Apr-22 18:58

Underwriting of shares and debentures applicable for may 2022 exams? because it not included in icai syllabus but included in indigolearn course.

latest answer

There are some questions where ICAI has asked about underwriting

Pihu Jain

Pihu Jain

CA Inter

3K+

1

440

retirement of partner

Accountancy

answered on 21-Apr-22 09:36

why is the amount bought by the partners debited instead of being credited in their capital acc as they bought additional capital

latest answer

What is the query

s srinivas

s srinivas

CA Foundation

2K+

3

477

Entry for asset purchases by brother..on business name

Accountancy

answered on 22-Apr-22 19:53

What shall be the entry in our books? Because our Cash or bank is not affected? Is it asset dr. To capital?as it increases our networth so we credit capital?

latest answer

Generally accepted principal

vasabattula abhinav

vasabattula abhinav

CA Final

85

11

557

Hire purchase

Accountancy

answered on 18-Apr-22 17:34

In this chapter why All problems are solved in the books of hire purchaser only. What is about hire vendor(sales method , interst suspense method) books ?

latest answer

In vendor books - it would be sales , and interest income.

SUMANTH MANNAVA

SUMANTH MANNAVA

CA Inter

5K+

1

403

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

468

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

16K+

2

581