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doubt
Accountancy
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
430
dubt
Accountancy
answered on 04-Dec-21 10:25
will i get dividend on bonus shares and right shares when the company is giving interim dividend
latest answer
It is solved under an assumption that rights and bonus were not entitled as per the term of issue. However, in real life scenarios, all shares are entitled to dividends.
Chandramouli A
CA Inter
★ 720
5
418
Loss of profit
Accountancy
answered on 04-Dec-21 08:41
In this question they have taken un insured standing charges as 130000....and given in note that it was given in question. Could you please tell how did they found in insured standing charges
latest answer
Ok fine...thank you
Star Ca
CA Inter
★ 3K+
4
415
Bank Reconciliation Statement
Accountancy
answered on 08-Dec-21 22:48
Respected All , Kindly help me in this question ( PYP May 2018) I have prepared it with Adjusted Cash book but my answer is different from the answer given in ICAI. Please check my mistake ..
latest answer
Yes, thank you..! I will share my views of upcoming papers after the exams ,with you..
Mehak Kaur
CA Inter
★ 10K+
14
796
Investment account
Accountancy
answered on 06-Dec-21 11:30
What if the market price was 150/- instead of 180/- ? Should 5.59 be transfered to p&l from investment account?
latest answer
You will keep the difference in a separate account which will be considered in P&L at the end of year.
Rocky Girl .:.
CA Inter
★ 195
5
422
Company accounts
Accountancy
answered on 04-Dec-21 00:35
Reissue of forfeited shares is not an allotment of share but only sale..what is mean by this I didn't get it
latest answer
Forfeited shares are those shares which are ceased by the company for non payment of remaining called up shares...(that is allotment, first call .....) So this shares can't ask for allotment money because they are already called up Hence, this shares are only transfered through sale.. Hope you understand...
Dhakshana Dhakshana
CFA L2
★ 18K+
3
438
Investment
Accountancy
answered on 04-Dec-21 11:29
As per old practice manual there is method FIFO and lifo but in new book problem is not available can this is removed or not
latest answer
Investment or Inventory?
tushar kumar
CA Inter
★ 5K+
1
399
Non profit organization
Accountancy
answered on 06-Dec-21 11:37
Illustration 8; in balance sheet library books ,book added ,furniture addition to furniture how to calculate
latest answer
Assumed for half year since dates of addition not available
Raashi 14
CMA Inter
★ 330
3
468
AS11
Accountancy
answered on 03-Dec-21 16:47
Answer plz.
latest answer
Thank u sir
Sajeetha R
CA Final
★ 46K+
2
464
Investment accounts July 2021
Accountancy
answered on 04-Dec-21 20:12
Investment 1: 8% Corporate Bond It is purchased on 1.6.21 and paid INR.48000 ans cum interest. On 30 September 2020 got interest on the same 36000*8/100*6/12 comes to 144000. Can I use the amount of interest paid on acquisition and received afterwards for reducing my cost of acquisition. And the balance 96000 rupees to Profit and loss account. Sir please tell me the logic. Is this working is only for As.13 or can I use this on doing investment chapter problems also
latest answer
Yes
Gayathri K V
CA Inter
★ 13K+
4
444