Forums
Interim dividend
Accountancy
answered on 25-Jun-21 20:25
How to calculate interim dividend
latest answer
Op bld shares + purchase shares +bonus shares +right shares -sold shares*fv*dividend rate
Triveni Patil
CA Inter
★ 290
1
609
Expenses
Accountancy
answered on 25-Jun-21 16:20
Please explain this question no 9?
latest answer
Thank you so much.
Vijay K
CA Inter
★ 9K+
2
688
Capital and revenue receipt
Accountancy
answered on 25-Jun-21 12:38
Insurance claim received an account of a machinery damaged by fire. My doubt is why the above incident is capital receipt instead of revenue receipt?
latest answer
Yes! It is capital receipt,As this is a receipt that deals with fixed assets, it falls under capital receipt.
Vijay K
CA Inter
★ 9K+
1
992
Changes in accounting policy
Accountancy
answered on 26-Jun-21 11:57
Why is this not a change in accounting policy? 1 st question in attachment
latest answer
Ok than you sir
Abhishek Purohit
CA Inter
★ 10K+
10
725
Practical question no. 6 of 'Financial statements of companies'
Accountancy
answered on 27-Jun-21 14:23
Why in Notes to accounts under Long term borrowings and short term borrowing it is written as others?? I cannot find any item in question of similar amount.
latest answer
1. Ledger Balance of Other Long Term Loans is given as Rs. 22,50,000. In the additional information point 7, it is given, that Other Long term Loan includes Loan from Nixes Bank 13,80,000 and Loan from Directors 8,50,000. So, that Others is difference between 22,50,000 and (13,80,000 + 8, 50,000) 2. Same goes for Short-term borrowings. Compare amount given in ledger balances and additional info
Sambhav Singh Patel
CA Inter
★ 150
3
552
Continuation of previous post
Accountancy
answered on 25-Jun-21 08:59
Shares should be 184000 right
latest answer
Yes.
Triveni Patil
CA Inter
★ 290
1
566
Internal reconstruction
Accountancy
answered on 25-Jun-21 08:59
180000 share into 2.50 each 4,50,000 but total of journal entry of E share capital 460000.....is the printing mistake??
latest answer
Equity shares should be 1,84,000
Triveni Patil
CA Inter
★ 290
1
634
Amalgamation
Accountancy
answered on 24-Jun-21 13:41
In the chapter of amalgamation, if question doesn't mention the method and question satisfying the conditions of in the nature of merger as well as in the nature of purchase then which method is preferable in the examination
latest answer
Tq sir
Rushitha Puvvada
CA Final
★ 5K+
2
567
Event vs transaction
Accountancy
answered on 24-Jun-21 00:53
What is the most simplest technical definition for event and transaction in accounting?
latest answer
To say in simple words Transaction means purchasing and selling amd paying or receive the cash and etc. Events means getting the result of a transaction like a profit or loss etc Example : Mr.x sold goods worth of â?¹500 and includes the â?¹200 profit. So in the above example Transaction means sale of goods for â?¹500 Event means the profit of â?¹200.
Chris Topher
CA Foundation
★ 5
1
1K+
Dividend pay
Accountancy
answered on 23-Jun-21 17:54
Check question in previous post
latest answer
https://1fin.page.link/Lh29k9pLsmTdewf87 Discussed on abive thread
Triveni Patil
CA Inter
★ 290
1
674