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Redemption of preference shares
Accountancy
answered on 03-Jul-21 15:58
If there are no free reserves sir and To create CRR how can we create .. Can we create CRR even though showing loss ?
latest answer
No. Then in that case redemption cannot be made out of profits. Company will do redempton after issue of new equity share capital
Naresh M
CA Final
★ 75
2
427
Accounts from incomplete records
Accountancy
answered on 03-Jul-21 13:31
Sir in this sum y u didn't took payment of annual insurance premium in the p&l a/c
latest answer
Ok thank u soo much
Likhitha Sivani
CA Final
★ 14K+
2
433
As 10 {Retirement of PPE }
Accountancy
answered on 03-Jul-21 12:30
Sir if PPE is Retired from active use and it is NOT held for disposal . Can we depreciate in current year ?
latest answer
Depreciation would continue unless fully depreciated. However if it is held for disposal , depreciation should be ceased
M Naresh
CA Final
★ 3K+
2
460
Real account or personal account
Accountancy
answered on 05-Jul-21 10:18
In all the journal entry, they have given the nature of bank account as personal account but in the class they have given bank account as real account. So bank account is real or personal?
latest answer
S
Vijay K
CA Inter
★ 9K+
7
1K+
Hire purchase
Accountancy
answered on 03-Jul-21 10:15
Sir there is no difference even of a single word in these 2 questions but in 1 solution they calculated interest on last installment and in 1solution they didn't. Can u tell me the reason plz sir?
latest answer
Oh ok thank u so much
Likhitha Sivani
CA Final
★ 14K+
6
480
Redemption of preference shares
Accountancy
answered on 03-Jul-21 14:46
Sir in both the questions they didn't seperately specifies the share application amount but there is difference in the entries sir? Can I write the entry bank. a/c dr. 37500 To equity share capital a/c. 31250 To securites premium a/c 6250
latest answer
From p&L a/c
Likhitha Sivani
CA Final
★ 14K+
4
401
Redemption of preference shares
Accountancy
answered on 03-Jul-21 10:16
Sir in this sum we have to calculate number if shares for fresh issue with the face value share na sir i.e., with â?¹50 but why they divided with â?¹60 sir which includes premium?
latest answer
Sir pls once check my recent post on hire purchase plzz sir
Likhitha Sivani
CA Final
★ 14K+
9
443
Financial statements of companies
Accountancy
answered on 03-Jul-21 19:49
What is the rate of corporate dividend tax? 15% only or any changes have been made?
latest answer
Then rate will be given. Students are not expected to know old provisions.
Triveni Patil
CA Inter
★ 290
3
445
As 10 PPE
Accountancy
asked on 02-Jul-21 20:50
Sir we are exchanging The PPE , If the transaction do not have Commercial substance but we can Measure FMV of asset given or taken How can we account sir ?
latest answer
No answers yet!!
Naresh M
CA Final
★ 75
0
378
Bonus issue
Accountancy
answered on 02-Jul-21 18:40
Sir, Can bonus shares areeligible for dividend or not ?
latest answer
Bonus shares are eligible for dividend. It cannot be segregated whether shares owned are right issue or bonus shares at the time of payment of dividend
M Naresh
CA Final
★ 3K+
1
408