Redemption of preference share

answered on 08-Oct-21 12:50

Please provide conclusion regarding When we have to pass entry for crr in which situations And is there any exemptions And l have conclusion that when are we issuing fresh issue we don't to need pass crr if the fresh issue is sufficient for redemption And when using divisible profits then to pass crr entry Please give a clarification

latest answer

There is 3 ways for redemption of preference 1.From fresh issue or 2. From free reserve 3.From both the above 1 and 2 When you use the free reserve for redemption of preference share, you need to transfer The Nominal value of the share (redemption shares ) to the CRR account.

Lakki Kamu

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Insurance claim for loss of profit

answered on 08-Oct-21 15:27

Sir, In this illustration we have admin selling and finance expenses of Rs. 200000 .insured standing charges is Rs. 50000 But while calculating uninsured expenses we ignored selling expenses. Why?, please explain.

latest answer

Ok sir thank you so much.

Balamurugan V

CA Final

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465

Admission of a partner

answered on 09-Oct-21 10:49

What is the difference between the two cases

latest answer

Got it thank you ma'am Thank you bro

Soumya A

CA Inter

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300

AS 16 Borrowings costs

answered on 07-Oct-21 21:27

In question they taken loan 50 lakh,they said that the loan amount used as follows. How they can use 50 lakh for 120 Lakh expenditure?

latest answer

https://youtu.be/IGY1OwafZnY This you see bro

Kumar G

CA Final

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330

Admission of a partner

answered on 08-Oct-21 16:01

Sir how to do the below question? i.e how to treat any abnormal profits or losses for the purpose of calculating goodwill

latest answer

Thank you bro Thank you sir

Soumya A

CA Inter

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408

Financial reporting ind as 38

answered on 09-Oct-21 10:22

This is january 21 exam question can u explain the calculation for part 2

latest answer

80 lakhs is the cost of Intangible asset and it should be amortised in 5 years

saumya A

CA Final

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360

Doubt

answered on 07-Oct-21 17:54

Sir company accounts can be started before it company act complete in law Please advise me sir

latest answer

OK bro thank you

sai t

CA Foundation

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322

Intrest on capital

answered on 07-Oct-21 15:57

Why is Int on capital being Added in balance sheet when the firm is paying interest?? Please explain

latest answer

Thank you bro

Dhakshana Dhakshana

CFA L2

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364

Partnership accounts

answered on 07-Oct-21 17:21

Unrecorded assets in balance sheet ,whichis not taken over by partner and not realised Will it come to realisation account?

latest answer

The amount realised from such assets will come to realisation acccount.

venkatesh sundharamoorthy

CA Final

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398

Is Debentures and bonds are same please explain

answered on 07-Oct-21 09:55

What is the difference

latest answer

Debentures generally have a more specific purpose than other bonds. Both raise capital, debentures typically are issued to raise capital to meet the expenses of an upcoming project or to pay for a planned expansion in business.

Dhakshana Dhakshana

CFA L2

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