Banking companies

answered on 14-Jul-21 11:25

Sir current Cash reserve ratio - 3% or 4% for tomorrow exam ? Also for SLR 18% or 19.5 %

latest answer

There is no mention about it in May 21 RTP, so figures as given in Nov 20 RTP should follow. SLR - 18%, CRR - 3% https://resource.cdn.icai.org/61243bos49747-inter-p5220920.pdf Best wishes!!

M Naresh

CA Final

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397

Buyback

answered on 14-Jul-21 10:32

Will Current Maturities of long term debt is considered in calculating Debt . I mean while calculating Debt equity ration we find debt is above is included in debt

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Because debt includes both short term and long-term debt. Current maturities are nothing but debt due in 12 months.

Surya Prakash

CA Final

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407

Esop

answered on 12-Jul-21 12:23

Vesting period is 3years. On grafe vested investments, why 1year allocation taken as 1/2.

latest answer

Generally in these kinds of scenarios, company expects that it will meet the target by the end of second year itself and transfers the compensation expense to profit and loss account.

Sajan Gangadharan

CA Final

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379

Intermediate level

answered on 11-Jul-21 14:35

I want concepts of accounts in intermediate level in CA

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Buy our CA Inter Account Subject https://www.indigolearn.com/course/Accounting-CA-Inter-New/cxpljo?catalogId=cbtssj

Masthan Alpithagal

CA Foundation

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385

Depreciation

answered on 11-Jul-21 00:05

In this question, assets are shown at NRV only when they are realized right .how come option b .QUES 4)

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I think.... When deposal of business as on pre- determined date or the date of disposal of business has well known in advance that time all assets are shown in Balance sheet at Net Realisable Value (NRV).

Reetikaa R

CA Final

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383

Partnership

answered on 11-Jul-21 05:12

In this below attached question z's loan is repaid or not and is it credited to cash acc and is it credited to partners cap acc and loan from Mrs x will be transferred to partners cap acc

latest answer

OK thank you so much for clarifying my doubt

Miradevi S

CA Final

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384

Consolidated financial statements

answered on 13-Jul-21 06:02

In the working note of Analysis of Profit, do we have to make the time adjustment on both the post acquisition profit or loss and post acquisition reserves? In this problem - practical question no. 1 from icai study material, there are no post acquisition reserves, so time adjustment has been done only on post acquisition p and l..but if post acquisition reserves had been there, what should be done?

latest answer

Reserves are not a part of P&L A/c , so they are not part of ascertaing profit or loss for pre and post incorporation ,they directly appear in the balance sheet . So they are not considered in analysis of profit

Gnanakshi Dandapani

CA Final

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379

Partnership

answered on 10-Jul-21 19:42

Loan from D will come in realization account sir?

latest answer

I understood now

Miradevi S

CA Final

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372

STOCK AND FLOW CONCEPT

answered on 11-Jul-21 11:39

What is the exact meaning of stock and flow concept? And how this both are different from each other?

latest answer

STOCK CONCEPT: Stock variable is a variable which is measured at a point of time. Example- population of the country, etc.. FLOW CONCEPT: Flow variable is a variable which is measured in a period of time. Example- National Income,etc

Satha Sivam

CA Final

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408

Partneship

answered on 10-Jul-21 11:02

In the Partnership Constitution, A recurring deposit in the name of the partner & the payment is done from the Firm's bank account. Can it take as an asset of the firm?

latest answer

Thank you Ji.

Balamurali Unnithan M S

CA Inter

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