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Writing off loss on issue of debenture

Accountancy

answered on 21-Aug-21 12:09

In this question , why have they taken 20lakhs for 1st and 2nd year ??

latest answer

Aree debentures are being redeemed at the end of 2nd year so the value of debentures o/s for the first 2 years will be 20 lakhs na .i.e., same amount will be o/s till the debentures are redeemed

Reetikaa R

Reetikaa R

CA Final

7K+

3

702

Journals

Accountancy

answered on 18-Aug-21 10:13

Goods(cost price rs.200;sales price rs.250) taken by proprietor for personal use Ans: drawings a/c dr. To purchases a/c My doubt is what amount is to be recorded here cost or sales price and why?

latest answer

Thank you ��

gopika sivaperumal

gopika sivaperumal

CA Inter

6K+

2

747

Issue of shares

Accountancy

answered on 18-Aug-21 06:02

Will it really work in real company like call up capital and called up arrears.... When companies issue ipo in stock market

latest answer

fine sir thank you

Aditya  A.D

Aditya A.D

CA Foundation

10K+

2

573

Sales ratio

Accountancy

answered on 22-Aug-21 20:31

Can anyone please find a sales ratio for the below attached question

latest answer

.

Susai Yappan

Susai Yappan

CA Inter

12K+

7

714

Provision for discount

Accountancy

answered on 17-Aug-21 11:29

Generally the discount is allowed by the firm to those who bought goods from them. So why we have to give a provision for the discount? Explain with some examples please.

latest answer

Now I understood, thank mam.

Vijay K

Vijay K

CA Inter

9K+

4

663

1 Fin app

Accountancy

answered on 17-Aug-21 11:14

Sir I just now see the option known as " leave tracker ". What is it? And what is the use of it?

latest answer

Thank you sir

Vijay K

Vijay K

CA Inter

9K+

3

688

Profit or loss pre-and post incorporation

Accountancy

answered on 16-Aug-21 21:40

Book back question, question no.3. About gross profit ratio. Since months after incorporation is 8 months , Why did they multiply the 30% with 10 X instead of 8X 

latest answer

Thank you soo much brother

Susai Yappan

Susai Yappan

CA Inter

12K+

2

589

Redemption of Preference Share

Accountancy

answered on 16-Aug-21 09:32

Why crr created with 33750... Equity share are issued of nominal value of 33750 then crr should be 31250 (65000-33750)

latest answer

Yes

Devendra  Rajput

Devendra Rajput

CA Inter

425

3

550

Forfeiture of fully paid up shares?

Accountancy

answered on 16-Aug-21 08:29

How can fully paid up shares be forfeited? Please refer the image and reply

latest answer

Ok mam. Thank you

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

2K+

Listed companies

Accountancy

answered on 15-Aug-21 09:28

In the company accounts chapter, there is a statement " shares of private company are not listed on stock exchange". But in reality, most of the listed companies are private in nature. Please explain.

latest answer

Hvh

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

10

833