Forums
ESOP
Accountancy
answered on 28-Jul-21 09:22
In illustration 7 in class ,can write answer like this ,at the end of accounting period 31/3/X3 the options Lapsed=4000 estimated options vested =4000 cost per option = 90 total cost =360000 cost for the year = ( 360000*2.5/4.5) - (80000+160000) = (40000) this 40000 will transfer to the general reserve Journal Entry :- ESOP outstanding a/c Dr 40000 To General reserve a/c 40000 ( extra cost charged and accumulated transfer to general reserve )
latest answer
I mean net entry
Hai Iam Anas
CA Inter
★ 8K+
3
623
answer format
Accountancy
answered on 26-Jul-21 10:46
At the time of writing answer, is there any problem if we write working note first then answer required?
latest answer
Not an issues bro but for better presentation normally we used to write the working notes at bottom if answers even if u write the working notes first and answers later also no problem they will give u marks.
Hai Iam Anas
CA Inter
★ 8K+
1
539
Amalgamation
Accountancy
answered on 31-Jul-21 17:20
In Illustration 6 of module why is Realisation trf at 422500 when the closing amt of profit was 382500?
latest answer
Yes !
Priyanka Udeshi
CFA L1
★ 14K+
10
711
Npo
Accountancy
answered on 26-Jul-21 11:56
Sir/ma'am I have a doubt about the provision for depreciation in the below question as to how to treat it correctly and I also want some explanation regarding provision for bad debts
latest answer
Please post the question and clearly state your query
Soumya A
CA Inter
★ 20K+
1
672
Cash flow statement
Accountancy
answered on 24-Jul-21 14:46
Why provision for depreciation is added to balance brought down and carried down
latest answer
Thank you very much sir,. The answer was very clear and in understandable... thank you sir
Susai Yappan
CA Inter
★ 12K+
4
762
AS 19
Accountancy
answered on 01-Aug-21 19:53
In AS19 definition of financial lease what is the meaning of - 1. major part of economic life 2. MLP amounts to substantially FV of leased asset what can be considered as the exact % or amounts considered substantial or major
latest answer
Thankyou!!
Priyanka Udeshi
CFA L1
★ 14K+
3
857
Solution for the following
Accountancy
answered on 24-Jul-21 08:41
Solution for 3,5 and 6 true or false Solution for 4 th fill in the blank
latest answer
3rd will be False - as they are known as IndAs
MATURU HAMSA GAYATRI
CA Final
★ 23K+
4
692
Depreciation
Accountancy
answered on 24-Jul-21 16:25
I have worked out this problem. Please check the answer.
latest answer
It is a good practice to open depreciation account
Vijay K
CA Inter
★ 9K+
18
868
Final accounts
Accountancy
answered on 24-Jul-21 08:34
In this question closing stock is given in trial balance and purchases is not given in question. How to get them?
latest answer
Just write COGS on debit side of Trading & P&L A/c. Take closing stock directly on asset side of balance sheet
siva chaitanya
CA Final
★ 13K+
7
672
Final accounts
Accountancy
answered on 24-Jul-21 08:33
Sir, here the fire broke out on 1st April 2018 but the financial year closes on 31st March 2018. So should we consider this adjustment in final accounts or not?
latest answer
No, we shall not consider it.
siva chaitanya
CA Final
★ 13K+
3
657