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Intrest on debenture

Accountancy

answered on 04-Jul-21 06:49

In operating activities in few questions taken intrest on debenture in few questions not taken... - why, clear me please. Thank you in advance ð???

latest answer

Interest on debentures is removed from operating activities and shown in financing activities. It is clearly explained in the lectures.

Triveni Patil

Triveni Patil

CA Inter

290

4

657

Tax paid

Accountancy

answered on 04-Jul-21 07:54

Show me calculations how come 195 and 195

latest answer

Yes got it sir thank you!

Triveni Patil

Triveni Patil

CA Inter

290

2

597

Investments

Accountancy

answered on 03-Jul-21 21:36

Can any one explain treatment of 3400in below attachment

latest answer

Thanks bro I just read that in case of income from sale of rights to be transferred to p&l account But forgotten to read exceptions to this rule.

Sairam Reddy

Sairam Reddy

CA Final

10K+

5

722

Buy back of shares

Accountancy

answered on 04-Jul-21 19:18

While doing debt equity test do we need to consider Trade payables and provisions for tax and other liabilities as debt ?

latest answer

Thank you sir

Pavan Kanavihalli

Pavan Kanavihalli

CA Final

200

4

701

AS 10

Accountancy

answered on 03-Jul-21 19:10

Sir in this sum what is revaluation concept?

latest answer

Ok sir thank you Thank you for providing platform like this. It is really useful. I am not wantedly done like this sir Only 2 days left for exam.For quick revision I asked her to send sir. I won't repeat it next time sir

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

16

666

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

Naresh M

CA Final

75

2

609

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

Likhitha Sivani

CA Final

14K+

2

585

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

M Naresh

CA Final

3K+

2

614

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

Vijay K

CA Inter

9K+

7

2K+

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

640