Forums
Employee stock option plan
Accountancy
answered on 28-Sep-21 11:43
In illustration 5 in ICAI book.... 1,20,000 is taken to General reserve at the end of 3rd year. Can we do as mentioned below? Instead of taking 1,20,000 to general reserve....and without accounting expense in 3rd year and..... accounting expense of 40,000 in the 4the year.... and accounting 80,000 expense in the 5th year.... Can we do like this? (Computation pic is attached below)
latest answer
Thank you so much.... Mam
Girinath A
CA Inter
★ 765
2
736
Liquidation of companies
Accountancy
answered on 27-Sep-21 14:15
Sir this they spefically said bank OD 30000 will pay from DIRECTORs personal resources. Then why they shown in "liquidators final settlement account" as its are paying from asset which are realised
latest answer
The company will need to repay the directors.
Balaji R
CA Final
★ 20K+
1
519
Partnership
Accountancy
answered on 27-Sep-21 11:35
Why are prepaid expenses not realised?
latest answer
You will not get refund in most cases. Say you paid for insurance for a year. Insurance company is not going to refund you the premium.
Aman Mahajan
CA Final
★ 19K+
1
636
Doubt
Accountancy
answered on 27-Sep-21 14:17
Why this income in not reduced from cost of construction...As asset is still in construction...if not then in which case we would have reduce income from cost of asset Also what is incidental operations (income & expenses) both .
latest answer
Happening due to the PPE being acquired or constructed.
Kalash Ojha
CA Inter
★ 465
3
613
Current account
Accountancy
answered on 27-Sep-21 09:54
Please solve 1 question
latest answer
Please solve and post your solution, it will be checked and we will let you know if it needs correction
Neha singhroha
CA Foundation
★ 0
1
714
Please Explain what is provision simple way
Accountancy
answered on 27-Sep-21 10:05
What is provision and why do we need provision in accounting and what is provision for bad debt and provision for depreciation
latest answer
Amount put aside from the profit in order to meet a probable future expense or a reduction in the asset value. Its an estimate
Dhakshana Dhakshana
CFA L2
★ 18K+
4
551
Loss of profit
Accountancy
answered on 27-Sep-21 10:14
How to interpret with increase of cost dur to increase of sales
latest answer
Could you clarify your query.
Krishna kumar
CA Final
★ 9K+
1
473
Banking
Accountancy
answered on 26-Sep-21 05:39
What is the amount of statutory reserve? 20 or 25 percent
latest answer
At present it's 25%
Aman Mahajan
CA Final
★ 19K+
1
511
Profit prior to incorporation
Accountancy
answered on 25-Sep-21 18:36
Why interest on investment earned is allocated in pre incorporation period?
latest answer
Yeah.... I got....Thank you
Girinath A
CA Inter
★ 765
3
582
Subsidiary Books
Accountancy
answered on 25-Sep-21 17:45
ICAI module has 2 formats of Purchases book , which to be followed ??
latest answer
Thx bro
Varun Mulay
CA Final
★ 39K+
4
1K+