Forums
Types of GST
Accountancy
answered on 26-Nov-24 16:09
If someone is paying the IGST along CGST then also did he or she has to pay SGST
latest answer
If a transaction requires IGST - it will not require CGST or SGST If a transaction requires CGST, it will require sgst as well.
Akshara Agrawal
CA Foundation
★ 180
1
196
Internal Reconstruction
Accountancy
answered on 25-Nov-24 20:27
Why have we not provided journal entry for arrears of preference dividend? (Point iii)
latest answer
If the question states that arrears of preference dividend is payable, then you need to pass an entry for the same.
Sagar Kathuria
CA Final
★ 3K+
2
1K+
Ch11 financial statements unit1
Accountancy
answered on 27-Nov-24 01:57
In ch11 FS UNIT1 ILLN 4 Debenture interest has been shown as Current liability and in ILL 6 it is not shown as Current liability, should it be shown or not
latest answer
Tq
yaazhini kathiravan
CA Inter
★ 115
2
627
Pand l
Accountancy
answered on 25-Nov-24 08:26
How we got finance cost for this problem
latest answer
It is a typo error. Finance costs are nil and 18,240 is the depreciation and amortization expenses
Dharshana Rajkumar
CA Inter
★ 2K+
2
482
Cash flow statement
Accountancy
answered on 25-Nov-24 08:46
Can someone please solve it and share the workings (Q2)
latest answer
Please solve the problem by yourself. If you have any doubts while solving the problem you can ask here
Sagar Kathuria
CA Final
★ 3K+
1
533
Illustration 5
Accountancy
answered on 27-Nov-24 15:13
Hi sir / madam ; Is it necessary to prepare " Goods send to branch account " for every problem related to loading / mark- up price ?
latest answer
Generally yes. Sometimes the question specifies the ledgers to be prepared.
Nagachaitanya Nomula
CA Final
★ 8K+
1
169
Buyback of shares 1st test
Accountancy
answered on 22-Nov-24 14:00
Hi sir , Sir ; in the first test what does the word outstanding shares actually mean ?
latest answer
the term "outstanding shares" refers to the shares that have been issued by the company and are currently held by the shareholders, excluding any treasury shares or shares that have been repurchased but not yet canceled. Basically shares in issue.
Nagachaitanya Nomula
CA Final
★ 8K+
1
349
Buyback of shares
Accountancy
answered on 19-Nov-24 20:33
Hi sir/ madam My doubt is shall we have to do those 3 tests for buyback of shares even buyback is financed with the issue of fresh shares ?
latest answer
Thank you very much sir 😁
Nagachaitanya Nomula
CA Final
★ 8K+
2
184
Which all positions of a company are termed a key managerial personal
Accountancy
answered on 19-Nov-24 14:41
Which all positions of a company are termed a key managerial personal
latest answer
"Key Managerial Personnel" (KMP) refers to the following positions within a company: Chief Executive Officer (CEO) or Managing Director (MD) or Manager: These individuals are responsible for overseeing the company's overall operations and strategic direction. Company Secretary (CS): The CS ensures the company complies with statutory and regulatory requirements and implements decisions made by the board of directors. Whole-Time Director (WTD): A director who is in full-time employment with the company, actively involved in its day-to-day management. Chief Financial Officer (CFO): The CFO manages the company's financial actions, including planning, tracking cash flow, and analyzing the company's financial strengths and weaknesses. Any other officer designated by the Board as KMP: This includes officers not more than one level below the directors in whole-time employment, as designated by the Board. Any other officer as prescribed: The Act allows for the inclusion of other officers as KMP as may be prescribed in the future.
Dova Shaji
CA Inter
★ 520
3
773
as-2
Accountancy
answered on 19-Nov-24 07:08
whay the commission payable is not reduced ?
latest answer
NRV is already given
Gokul N. K
CA Inter
★ 0
1
553