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Preference share: premium on redemption
Accountancy
answered on 17-Nov-21 15:29
Should Premium on redemption of preference share considered in this problem? And Why
latest answer
It should be considered in Financing activity only, not added back to net profit
Gayathri K V
CA Inter
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2
567
Ca foundation
Accountancy
answered on 15-Nov-21 08:18
I recently found that in free notes section, particularly in accounts subject, there are very less questions, only icai questions have been discussed, are they enough for exam purpose?
latest answer
Thank u for addressing my doubt!
Ritwik Sharma
CA Foundation
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6
876
PARTNERSHIP
Accountancy
answered on 14-Nov-21 18:57
Why They are multiple by 2 with B's capital, how??
latest answer
Welcome
Sathiya Bama
CA Final
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3
615
Buyback
Accountancy
answered on 14-Nov-21 16:12
Why there is creation of crr since there are fresh issues for buyback
latest answer
Okay sir thank you
Agrawal Chirag
CA Inter
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2
508
Final Accounts
Accountancy
answered on 14-Nov-21 18:51
Pls explain the question below.
latest answer
Ok sir. Thanks
Sibi Srinivasan
CA Final
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2
523
Hire purchase and lease
Accountancy
answered on 13-Nov-21 22:12
What is the difference between hire purchase and a lease
latest answer
Ok sir ...
Vignesh Hari Krishnaa Karthigayan
CA Inter
★ 5
5
509
Reissue of shares
Accountancy
answered on 14-Nov-21 15:25
In which situation amount goes in capital reserve And in which, amount goes in security premium reserve?
latest answer
When fresh issue is over the face value, it is credited to security premium account. Capital reserve arises on various transactions which you will understand as you move to higher levels
Ved Bishnoi
CA Foundation
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1
538
Conservatism
Accountancy
answered on 13-Nov-21 18:14
As per the conservatism principle, anticipated gain should not be recorded in the books. But in the image below, this rule is violated ( according to my inference ). Pls clarify
latest answer
Ok sir
Sibi Srinivasan
CA Final
★ 22K+
4
632
Doubt
Accountancy
answered on 15-Nov-21 11:25
Sir in this question shouldn't we assume that interest on cash credit and interest on overdraft already included in interest and discount received?
latest answer
No. If they have given as separate line items and there is no note in the question as they are included.
Sri kanaga Varshini
CA Final
★ 3K+
1
464
Drr and dri
Accountancy
answered on 13-Nov-21 10:13
What is the drr and dri in redemption of Debentures??
latest answer
Thank you
Vignesh Hari Krishnaa Karthigayan
CA Inter
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6
1K+