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Redemption of debentures

Accountancy

answered on 18-Sep-21 18:08

As on which date we have to create DRR and DRI?

latest answer

DRI is created on or before 30th april of the FY in which the debentures are due for redemption and... DRR is created any time before the redemption

vijay anvesh

vijay anvesh

CA Final

85

1

551

NPO

Accountancy

answered on 20-Sep-21 10:54

What is accumulated funds? Example please? Thank you for the kind help.ð???ð???ð???

latest answer

An accumulated fund holds excess money received by a non-profit organization (NPO). Similar to the retained earnings of a for-profit firm, the accumulated fund grows when revenues are greater than expenses and there is a budgetary surplus.

Vijay K

Vijay K

CA Inter

9K+

1

516

Doubt in Calucations

Accountancy

answered on 17-Sep-21 17:50

Please check Attachment Final answer how 14,167 Superprofit/NRR= 17,000/12% = 14,167 how???

latest answer

I get the answer sorry for asking doubt

Rishi Kumar

Rishi Kumar

CA Inter

6K+

1

616

Annuity table

Accountancy

answered on 18-Sep-21 13:03

Calucation of goodwill under annuity method How Discount factor value can choose If we don't have annuity table in exam then how can I write annuity value??

latest answer

You can compute it using a calculator - you would have learnt the Time value of money concept in maths

Rishi Kumar

Rishi Kumar

CA Inter

6K+

1

712

Consolidation

Accountancy

answered on 17-Sep-21 11:00

The additional depreciation which has been provided on revaluated amount...it's been considered to post acquisition.... whether it will be taken to consolidated profit and loss account ..?

latest answer

Thank you..!

Ravichandran H

Ravichandran H

CA Final

6K+

2

562

Segment expense

Accountancy

answered on 17-Sep-21 16:41

Segment expense includes portion of enterprise expense allocated to the segment. So why in illus 4 head office costs allocated to segment is not included in segment expense?

latest answer

It should have been considered as segment expense. But its missed in the above solution

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

533

Redemption of preference shares

Accountancy

answered on 16-Sep-21 19:36

In below illustration why don't we calculate minimum number of shares as per sec 55,for the purpose of fresh issue ...as face value and issue price is different here

latest answer

No need to find minimum no of shares to be issued

S.K Anusha

S.K Anusha

CA Final

17K+

2

722

Redemption of preference share

Accountancy

answered on 16-Sep-21 18:29

From below give the question Please can you explain me a 5 th journal entry very detail (Profit and loss account dr. 33750 To capital redemption reserve account 33750)

latest answer

Okkk sir tqq

Subash Chandrabose

Subash Chandrabose

CA Final

32K+

11

553

Cash Flow

Accountancy

answered on 17-Sep-21 11:10

In Cash flow Statement what will be the classification of 'receipt of grant for capital projects'

latest answer

No, not anything which is relevant at Inter level. While in practice, one can find certain items treated differently in US GAAP and IFRS like dividend received.

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

5

641

Introduction of partnership

Accountancy

answered on 15-Sep-21 11:24

Please solve

latest answer

:)

Hansika Mahadev

Hansika Mahadev

CA Inter

150

3

609