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Company accounts
Accountancy
answered on 30-Aug-21 08:20
What is the meaning of the 2nd point in the below attachment
latest answer
It is a concept of underwriting , basically when we have underwriters , any shortfall that if shares issued are undersubscribed underwriters will take it . For now understand this much for theory purposes, you will further understand this at Intermediate and Final level
Soumya A
CA Inter
★ 20K+
1
413
Realisation account
Accountancy
answered on 30-Aug-21 08:22
1.Can we directly put the realisable assets and liabilities value in this account ?
latest answer
First transfer all assets and outside liabilities to realization at book value and then it will get adjusted in business purchase account , if its partnership then as per details realize the assets and pay of liabilities direct entry is not allowed you have to show both transfer (at BV) and realizing
Prasanna Venkatesan
CA Final
★ 3K+
3
514
General reserve
Accountancy
answered on 19-Mar-22 10:57
Is general reserve percentage has not given at what percentage it has to be taken?
latest answer
Ok then i will share u a pic later
Rubika Sankar
CMA Inter
★ 370
4
473
General General
Accountancy
answered on 28-Aug-21 11:45
IFRS this one is included to As or not AnD also explain the What are the rules regarding IFRS
latest answer
Ok ð???
Balachandar S
CA Inter
★ 59K+
2
417
Eps
Accountancy
answered on 28-Aug-21 13:57
How to calculate diluted EPS IN THIS QUES
latest answer
The preference share are getting converted that's why if they gave 2 separate ones , convertible and normal then we will deduct dividend also
Aman Mahajan
CA Final
★ 19K+
5
459
Financial statement of a company
Accountancy
answered on 27-Aug-21 14:15
For calculating changes in inventories whether opening - closing (or) closing - opening
latest answer
Opening - closing Remaining goods sold
Rubika Sankar
CMA Inter
★ 370
1
394
Doubt
Accountancy
answered on 27-Aug-21 09:48
Sir, even though preference share are redeemed Should i still need to show authorished capital ? Then, not any mention about authorised eqiuty resolution in question, how authorised equity share capital goes to 250000 shares Instead of 220000 shares
latest answer
Thank you mam
Balaji R
CA Final
★ 20K+
3
472
Shares
Accountancy
answered on 27-Aug-21 10:46
About share warrants
latest answer
Thank you mam
Rubika Sankar
CMA Inter
★ 370
2
540
Company accounts
Accountancy
answered on 26-Aug-21 22:04
Deferred tax liability explanation in detail?
latest answer
It is the difference between the book profit and tax profit( calculated as per income tax act) where book profit is greater than tax profit ...it means that currently the company had paid less tax than what it should've paid so the company will create a liability called DTL. It is recognised only for timing differences (AS 22)
Rubika Sankar
CMA Inter
★ 370
1
396
pdf of the numerical question
Accountancy
answered on 26-Aug-21 15:19
sir please provide the pdf of the numerical questions covered in covered in the module . my attempt is may 2022 so i dont have the icai books .
latest answer
Illustrations covered in modules are part of Notes available under Free Resources
nisam M
CA Final
★ 23K+
1
400