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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

Likhitha Sivani

CA Final

14K+

6

545

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

Likhitha Sivani

CA Final

14K+

4

505

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

Likhitha Sivani

CA Final

14K+

9

560

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

Triveni Patil

CA Inter

290

3

533

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

Naresh M

CA Final

75

0

440

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

M Naresh

CA Final

3K+

1

468

Bonus issue

Accountancy

answered on 02-Jul-21 21:58

Sir, Can bonus shares areeligible for dividend or not ?

latest answer

Generally eligible except mention

M Naresh

M Naresh

CA Final

3K+

1

431

Bonus issue

Accountancy

answered on 02-Jul-21 19:00

Sir, Can bonus shares areeligible for dividend or not ?

latest answer

Thank you sir. Now I got clarity I haven't seen record date and thinking why dividend on bonus shares not given That's why I was confused . Thank you so much sir ...For making aware of Record date ..

M Naresh

M Naresh

CA Final

3K+

3

425

Journal entry

Accountancy

answered on 03-Jul-21 11:16

Mohan in his business having â?¹50,00,000 in bank account. Now he is withdraw â?¹5,00,000 from bank account. What will be the journal record for this transaction and what will be tha narration of the transaction?

latest answer

Ok, thanks bro.

Vijay K

Vijay K

CA Inter

9K+

7

829

Insurance claim

Accountancy

answered on 02-Jul-21 13:43

Gross profit on Sale generated from additional expenditure It means the sales occurred after date of fire?

latest answer

My pleasure . All the best ð???

Triveni Patil

Triveni Patil

CA Inter

290

4

508