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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339

General doubt please explain

answered on 07-Oct-21 10:03

Explain me as simple as possible what is provision for depreciation and provision for bad debts why do we use it...if I have provision for depreciation and depreciation in a sum what should I do??I'm little confused about provisions help me

latest answer

Provision for depreciation is accumulated depreciation over years. It has to be reduced from the fixed assets in the balance sheet. If prov for depreciation is given in Trial balance - as opening then add current year depreciation and show as reduction from fixed assets. Provision for bad debts is amount set aside for debtors which might be non-recoverable. It is also set off against debtors to show the realisable debtors.

Dhakshana Dhakshana

CFA L2

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328

Goodwill

answered on 06-Oct-21 19:40

While I'm calculating super profit what is the Avg profit is Less then the normal rate of returns??Avg profit is 80k but normal rate of Returns is 1Lak in such cases what is Good will??

latest answer

Yes bro I understand thank you

Dhakshana Dhakshana

CFA L2

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397

General

answered on 06-Oct-21 10:25

What is bank draft and demand draft with your layman's example can you give me anybody .... Pls

latest answer

Ok sir

Balachandar S

CA Inter

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4

347

Partnership

answered on 06-Oct-21 10:22

What if the partner's captial account have Dr balance (dr sum is more then cr) what does it mean.. is it mean partner has to pay for firm.. in balance sheet how will it affect ??? Please help me

latest answer

Thank you mam

Dhakshana Dhakshana

CFA L2

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9

363

Amalgamation

answered on 07-Oct-21 10:24

Here in point (d) cant we just add 5% to equity shares amt???? Why this calculation is done?

latest answer

Please go through the videos 50, 51, 52 once again.

Lalit Sanpal

CA Final

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3

400

As 11

answered on 05-Oct-21 21:23

In AS 11 The foreign exchange rate is used form which source. Even a change in paise can Make big impact on huge project. So which is the official source RBI, or any other banks?

latest answer

Usually closing rates at day end are used. The rates are same across all banks and are provided to clients when asked.

Akshara Chandar

CA Final

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305

Depreciation

answered on 05-Oct-21 14:14

Please solve this sum

latest answer

Thank you

Dhakshana Dhakshana

CFA L2

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4

365

As 18 related party disclosures

answered on 05-Oct-21 10:29

If H ltd holds 30% in A ltd and 40% in p ltd. P ltd holds 25% in A ltd. Will H ltd and p ltd will be called as related party?

latest answer

Thank you mam

Agrawal Chirag

CA Inter

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309

Capital and revenue expenditure

answered on 05-Oct-21 10:48

Please explain Difference between deferred revenue expenditure and prepaid expenses

latest answer

Deferred expenses, often known as deferred costs, fall in the long-term asset class. Prepaid expenses is a current asset related to a non-capital expenditure. A normal business revenue expense is paid in advance due to a contract or business obligation but the benefit is going to be enjoyed within the next year, it is called prepaid. Deferred revenue expenditure is an expenditure where result and benefits of this expenditure are obtained over the multiple years in the future.

Sejal Shivani

CA Foundation

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491