Cash flow - Investing Activities

answered on 05-Dec-21 11:33

In this interest received which should be considered? net amount???

latest answer

Gross

Gayathri K V

CA Inter

★ 13K+

4

304

Insurance claim

answered on 05-Dec-21 23:17

In loss of profit the application of average clause is mandatory for all sums ..is this right?

latest answer

Only when Insurable sum(G.P on adjusted annual turnover) is greater than policy Amt(Insured sum), Average clause applies..

Pushkala S

CA Final

★ 3K+

2

323

Interest on debentures

answered on 04-Dec-21 21:58

Sir in this question the interest is calculated only for 1 month instead of 2 months . Why sir please explain.

latest answer

Date of convertion is 6months from closing of issue not from date of allotment

Balamurugan V

CA Final

★ 52K+

1

394

AS 16 borrowing cost

answered on 05-Dec-21 12:44

Can anybody please tell me how this interest came.. I almost spend an hour... Unable to get it

latest answer

Thankuu soo much sirr..... I got it

Rocky Girl .:.

CA Inter

★ 195

4

353

Amendments

answered on 05-Dec-21 13:33

Is there any amendments in accounts paper for dec 2021 in October 2020 edition book?

latest answer

Ok thanks

Sri Yoga Vishwa. P

CA Final

★ 2K+

2

324

BRS (10 M) from PYP may 2018

answered on 04-Dec-21 11:31

As I solved it , the question is silent but I prepared through Adjusted Cash book , but in suggested answers they did only BRS. I am getting a difference in Answer. And not able to find it... Kindly , solve my Doubt..

latest answer

Thanks a lot Sir.

Mehak Kaur

CA Inter

★ 10K+

4

307

Forfeiture

answered on 04-Dec-21 11:46

After reissue... 90*100 =9000 is received in cash na? So why cash & cash equivalents not adjusted?

latest answer

Thankuu sooo much sir... Didn't see that

Rocky Girl .:.

CA Inter

★ 195

2

355

Accounts from incomplete records

answered on 04-Dec-21 10:31

He divided 10,000 as 7500 in cash and 2500 at the bank what is the basis to divide

latest answer

Closing cash balance is 2000...so now we can arrive closing bank balance10,000 .....2500 is balancing figure in bank column...(10000-2500=7500cash balance)

B. S. V Subramanyam

CA Inter

★ 50

3

314

Co,,,,ACC.....

answered on 04-Dec-21 09:45

WHAT is General Reserve can any one.... in understanding laymans language pls * Why we need to create that one can any one pls

latest answer

General reserves are created out of profits & kept aside for general purpose and financial strengthening of the company, it doesn't have any special purpose to fulfill and can be used for any useful reason in future. Such reasons include meeting contingencies and expansions that cannot be foreseen.

Bala Chandar

CA Inter

★ 5K+

3

242

doubt

answered on 04-Dec-21 14:01

general reserve ,contigency reserve,reserve fund which is eligible for dividend and hy

latest answer

General reserve can be defintely used as it is free reserve Contingency reserve would be earmarked for some contingency and cannot be used. Reserve fund - if appropriated for specific purpose cannot be used. Other wise it can be used.

Chandramouli A

CA Inter

★ 720

1

278