Forums
Redemption of preference share
Accountancy
answered on 08-Oct-21 15:23
When the question that issue (marked)can I assume it as sec 133 company eventhough it is not mentioned in the question
latest answer
No, that is only to be taken when fresh issue if for arranging funds.
Lakki Kamu
CA Final
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519
Redemption of preference share
Accountancy
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
CA Final
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475
Insurance claim for loss of profit
Accountancy
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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5
633
Admission of a partner
Accountancy
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
★ 20K+
4
461
AS 16 Borrowings costs
Accountancy
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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3
448
Admission of a partner
Accountancy
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
★ 20K+
5
541
Financial reporting ind as 38
Accountancy
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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1
454
Doubt
Accountancy
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
★ 2K+
4
412
Intrest on capital
Accountancy
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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4
514
Partnership accounts
Accountancy
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
★ 34K+
5
532