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Accountancy
answered on 23-Apr-21 14:20
Financial statement chapter . Illustration.2. . Please explain the below lines .
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Ok thank you sir for your explanation. Thank you
Susai Yappan
CA Inter
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613
Financial statements of companies - problem no. 5 - ICAI material
Accountancy
answered on 23-Apr-21 10:54
Why does the provision of depreciation gets deducted against the assets- building and machinery??
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Thank you so much sir for clearing my doubt.
Sainisha Ramesh
CA Inter
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435
Doubt
Accountancy
answered on 22-Apr-21 12:54
Acquisition of building for the purpose of letting it out for deriving rental income Whether AS 10 will apply or As 13?
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An investment property is an investment in land or buildings that are not intended to be occupied substantially for use by, or in the operations of, the investing enterprise. This investment property will however be accounted as per the cost model of AS-10. Say you take a property for hotel - this is under purview of AS-10
Abhishek Purohit
CA Inter
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Cash flow statement
Accountancy
answered on 21-Apr-21 17:20
In profit after tax why we include provision for tax alone ,income tax paid during the year also excluded for computing profit after tax (all the expenses should deducted to get profit after tax) Then why income tax paid during year not taken???
latest answer
The provision for income tax - represents an expense The tax actually paid is outflow towards it.
Akshay jerry
CA Inter
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1
497
Doubt
Accountancy
answered on 21-Apr-21 17:22
Sir why loose tools are included in balance sheet Under inventory Sir I have a small doubt some time this tools can as also be used from manufacturing machine na then why it is included in inventory in balance sheet and not in manufacturing account can u please clarify my doubt sir
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Inventories also encompass finished goods produced, or work in progress being produced, by the enterprise and include materials, maintenance supplies, consumables and loose tools awaiting use in the production process. Loose tools have a very short life and are held in large quantities. So classification under fixed asset makes it difficult for accounting.
sai t
CA Foundation
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708
Cash flow statement
Accountancy
answered on 24-Apr-21 10:09
In illustration 12 In plant and machine account why prov for dep opening is included other sum are different this sum alone why any reason??
latest answer
Pls go through the module once.
Kanaga Mani
CA Inter
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6
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Consolidated financial statements
Accountancy
answered on 21-Apr-21 22:11
In this ans is wrong? Why they didn't deduct pre-acq dividend? question no:2
latest answer
Ok sir.
Sathiya Bama
CA Final
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2
564
Consolidated financial statements adv accounts
Accountancy
answered on 22-Apr-21 14:44
Can u explain,what basis they separate the unrealised profit.?
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Thanks mam.
Sathiya Bama
CA Final
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3
480
Deferred tax
Accountancy
answered on 22-Apr-21 12:40
In this question opening deferred tax and closing deferred tax will be same? I will never change?
latest answer
The requirement of the question is to show the impact on the DTA and DTL.
Abijith Alappat
CA Final
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Admission of a partner
Accountancy
answered on 21-Apr-21 17:25
Answer for this question
latest answer
We can help you with specific doubt.
jothika dharuman
CA Foundation
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3
645