Forums
Cash flow
Accountancy
answered on 06-Dec-21 10:13
MTP 2 and study material shows different ways on premium amount paid on redemption of preference share capital.why sir. Premium on redemption debited to p&l as expense. So it should be added back to get netprofit right????! MTP 2 didn't considered such premium ie, it didn't added back premium on redemption to net profit
latest answer
it is financing activity and should be treated as such
Gayathri K V
CA Inter
★ 13K+
1
467
Doubt
Accountancy
answered on 06-Dec-21 19:59
Do we need to write 'Dr. and Cr.' , 'Particulars', 'Amt (â?¹)' in each and every ledger accounts....?? Do they reduce marks if we don't write?
latest answer
Our paper must contain. No risk should be taken. Best luck for your exam ;)
ALDRIN G
CA Inter
★ 12K+
9
540
Bank accounts unit 6
Accountancy
answered on 06-Dec-21 11:41
Illustration 4 Schedule 10 How it is calculated?
latest answer
yeah i got it..thank you mam
Ashwathi selvanathan
CA Inter
★ 2K+
6
525
undistributed profit Redemption of preference share
Accountancy
answered on 06-Dec-21 10:18
What You meant by undistributed profit Is securities premium and other reserves included?. What are the elements in undistributed profit?
latest answer
Security Premium is not undistributed profit or general reserve. It is a part of Other reserves .
Nirmal K P
CA Final
★ 9K+
3
640
Insurance claim(urgent)
Accountancy
answered on 05-Dec-21 19:24
Can u explain what will be the adjustment for goods send on exibition???
latest answer
Credit in trading account because good are are sent outside and not damaged during the time fire occurs
Manu Sharma
CMA Inter
★ 370
2
470
CFS
Accountancy
answered on 05-Dec-21 22:04
Sir, In this sum how to make adjustments for Bonus and what will be post acq profits. Please explain
latest answer
: )
Miradevi S
CA Final
★ 16K+
27
581
Cash flow
Accountancy
answered on 05-Dec-21 17:55
Sir could you please explain the below adjustment in cash flow- indirect method.
latest answer
Show 2laksh as loss in operating activities head and in investing activities record purchase of machine is 1 lakh
Star Ca
CA Inter
★ 3K+
1
460
Drr
Accountancy
answered on 05-Dec-21 15:59
What is current drr percentage
latest answer
10%
srinidhi srinivas
CMA Final
★ 8K+
1
460
AS 16
Accountancy
answered on 06-Dec-21 10:30
Sir How to calculate depreciation please explain
latest answer
13 = 100 x (1-Rate)^4 You can use this and get the rate.
Subramanyam N
CA Inter
★ 6K+
1
419
Investment
Accountancy
answered on 05-Dec-21 14:54
Will dividend be provided on right shares
latest answer
Definitely Yes, the right shares or bonus share is again the portion of the company itselfâ?¦and the dividend is paid at every share of the companyâ?¦it doesn't matter how u got the shareâ?¦the right share or bonus share is no different
Sri Varshini
CA Inter
★ 575
1
460