Forums
Amalgamation of company
Accountancy
answered on 15-Mar-25 18:22
At last in video, you took Rs. 10 @ Par value to calculate Consideration (500x10). But why don't you change the value of Y ltd Intrinsic value 30 into 10
latest answer
The value of entity Y is 30 per share. That will be considered to value the company and discharge consideration.
Deva Acca
CA Inter
★ 630
1
221
Financial statements
Accountancy
answered on 17-Mar-25 09:43
The question says that closing stock is more than opening stock by 160000 Then why are we adding the difference amount in cost of purchase ?
latest answer
Thank you sir
Jashvanth.K
CA Inter
★ 11K+
4
243
Financial statements
Accountancy
answered on 15-Mar-25 18:32
Suraj Sir, whether the cost of purchases + (changes in inventory if negative ) = adjusted purchases ?
latest answer
Adjusted PUrchases = Op Stock + Pur - CS i.e Purchase = Adj PUrchases + Cs - Op stock = Adj purchase + 160,000
Jashvanth.K
CA Inter
★ 11K+
1
184
Book (Financial statement )
Accountancy
answered on 27-Mar-25 14:17
Sir, in this attached pdf the total of the expenses is mismatched ( Financial statement 1st sum) .... whether the purchases would amount to 406 ? because in working notes we worked gross purchases as 406 ?.. kindly solve my doubts regarding this
latest answer
It is 406 only. Will update it. Thankyou
Jashvanth.K
CA Inter
★ 11K+
3
195
Debenture redemption
Accountancy
answered on 15-Mar-25 18:39
If DRI is realised at profit at the time of redemption, is it written off from capital reserve first or from statement of profit & loss first?
latest answer
If its sold at profit, it is credited to P&L
Asmita Kar
CA Foundation
★ 7K+
1
201
Branch
Accountancy
answered on 12-Mar-25 07:00
a) What would be the exchange rate of computer Cl, op or avg Pls explain this point
latest answer
Some of the information, say for example, assets or closing stock they will provide the actual dollars(in some problems) so we directly take it as the actual amount for convertible from ruppe to dollars
Sushmita Chowdhury
CA Inter
★ 2K+
5
240
Cash flow statement
Accountancy
answered on 15-Mar-25 21:29
In this question, if the name is given as Zen ltd(company), can we consider the entire increase in share capital account of 224000 as issue of shares?
latest answer
okay Sir
Nisha M
CA Final
★ 2K+
2
230
Bank cash book
Accountancy
answered on 11-Mar-25 08:43
IA 1. From the following particulars, prepare a Bank Reconciliation Statement. a. Debit balance as per cash book Rs.15,000 b. Three cheques of Rs. 1,500, Rs.2,500 and 3,000 were issued but not presented for payment C A cheque of Rs.2,000 paid into the bank for collection, but not collected by the bank d. Bank charges debited in pass book but not recorded in cash bank of Rs.1,000 e Interest collected and credited by the bank but not entered in cash book of Rs.1,500
latest answer
What is your doubt in the question?
Puskar Ayer
Qualified CA
★ 0
1
343
Cash flow Statement
Accountancy
answered on 11-Mar-25 10:46
Sir, can we treat 'loss on sale of P&M' as a non cash item instead of treating it as an investment related activity for adding back it to Net Profit
latest answer
Okay Sir
Nisha M
CA Final
★ 2K+
2
249
Buyback
Accountancy
answered on 10-Mar-25 10:12
In this illustration, why only 300 transferred to crr???.when 500 shares bought back
latest answer
Thank you sii
Priyanka R
CA Final
★ 20K+
2
207