Redemption of shares

answered on 22-Aug-21 20:30

I think the adjustment in the book is wrong so can anyone confirm or correct it

latest answer

Tq sir

Susai Yappan

CA Inter

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343

BRS

answered on 20-Aug-21 10:31

In the image, the sub division which i've marked, Cash book is 4800 more than passbook. Am I right?

latest answer

Ok Thank you mam

Sibi Srinivasan

CA Final

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397

Non banking financial companies

answered on 22-Aug-21 20:30

In Non-banking financial companies video 4 . the illustration question is not given in the notes provided by you. Can you please send me the question?

latest answer

Ok

Rithani R.C

CA Inter

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Acc

answered on 20-Aug-21 11:58

What is endowment funds with understandable examples. I want pls

latest answer

This fund is maintained my NPOs to fund the organisation. Its is to ensure the long-term financial health of the NPO.

Balachandar S

CA Inter

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2

369

GP Ratio

answered on 20-Aug-21 13:32

How to calculate gp ratio on cost

latest answer

thank you

Elavarasi B

CA Inter

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440

Provision for doubtful debts

answered on 23-Aug-21 13:57

In the image, 1st question, 7th sub division, what is the amount of provision that should be transferred to P/L account?

latest answer

These are the 2 presentations both are correct

Sibi Srinivasan

CA Final

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12

484

Financial statement of companies

answered on 19-Aug-21 11:58

Under the calculation of "effective capital" topic What is the reason investment amount is not included in the effective capital of investment company.

latest answer

Investment for a non investment company is an asset made with intention of future economic benefits. However investments for an investment company is an item of ordinary operations. Hence its not considered when calculating effective capital.

venkatesh sundharamoorthy

CA Final

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Redemption of preference shares

answered on 19-Aug-21 11:02

Please explain the sentence marked with red pen

latest answer

Thankyou ð???

AbithaSuku S R

CA Inter

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385

Redemption of preference shares

answered on 22-Aug-21 20:31

Can a company issue preferences shares or equity shares only to the extent of redeemed amount . Or can it issue exceeding the redeemed value

latest answer

Ok

Susai Yappan

CA Inter

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381

Consolidated FS

answered on 19-Aug-21 10:41

Please explain the meaning and effects given of adj C and D of Illustration 10 Also, Why is Provision added back to receivables and reserves?

latest answer

We have to adjust provision of doubtful debts it is given that B ltd deducts 1% which means the balance given in question of trade receivables is after adjustment so we did a reverse calculation to find The amount and added it back to reserves and trade receivables The advertisement expenditure is written off Provision is added back because we have to adjust books for consolidation due to different accounting policies read the paragraph given above solution in module.

Priyanka Udeshi

CFA L1

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