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Redemption of Preference Shares
Accountancy
answered on 27-Apr-21 10:21
What are reasons (or) Purpose of Issuing Redeemable Preference Shares?
latest answer
A company may issue redeemable preference shares because of the following: 1. It is a proper way of raising finance in a dull primary market. 2. A company may face difficulty in raising share capital, as its shares are not traded on the stock exchange. Potential investors, hesitate in putting money into shares that cannot easily be sold, may be encouraged to invest if the shares are redeemable by the company. 3. The preference shares may be redeemed when there is a surplus of capital and the surplus funds cannot be utilised in the business for profitable use. 4. No dividend is required to be paid, if there is loss or no profit, whereas, interest is payable on debentures or loans even in case of loss.
Mahi Yadav
CA Inter
★ 0
1
633
Partnership Deed.
Accountancy
answered on 29-Apr-21 12:04
In connection with the admission of a new partner in a firm, the partners are writing their deed for the first time. Since the deed is preparing after 6 years of commencement of business, how could mention the clauses describing the futurity of the firm? Is there any problem preparing the deed of an existing firm in a newly attested deed? Is there any way we can change the terms into past tense?
latest answer
Please consult a practicing CA with expertise in partnership - we do not provide consultancy services
Balamurali Unnithan M S
CA Inter
★ 3K+
4
696
AS 10
Accountancy
answered on 27-Apr-21 08:33
If Revaluation model is followed for some class of assets, whether cost basis model can be followed for remaining class of assets?
latest answer
An accounting policy must be followed for entire class of assets
Nivedha Balaji
CA Final
★ 9K+
1
699
AS 14 can't find
Accountancy
answered on 26-Apr-21 20:05
Sir where is AS 14? I could not find Please help me..
latest answer
Its with amalgamation
Sai Teja
CA Final
★ 14K+
1
609
Redemption of premium amount
Accountancy
answered on 27-Apr-21 11:30
Can we cancel off the premium amount from securities premium account or only general reserve Because in the icai book it was cancelled from general reserve
latest answer
Okay thank you
akshaya polisetty
CA Inter
★ 510
4
795
Depreciation
Accountancy
answered on 28-Apr-21 17:57
Changing method
latest answer
This is the answer to the above question
Jyoti Sehgal
CA Foundation
★ 0
2
815
Departmental account q4 study material new syllabus p.no12.29
Accountancy
answered on 26-Apr-21 19:05
ii memorandum stock account for the department a at the selling price iii. Memorandum departmental markup account I need explainatiom on this mark up mark down Why 25% on opening balance purchases and then
latest answer
Yes, what in that?
Sultana Sultana
CA Inter
★ 245
3
701
Overview of account standard
Accountancy
answered on 26-Apr-21 21:42
Gross margin formula
latest answer
Tq u
Sandhya K
CA Inter
★ 5
2
681
profit and loss pre and post Incorporation
Accountancy
answered on 26-Apr-21 10:33
iii) Bad debts treatment(With reason)
latest answer
It is allocated on the basis of Sales Ratio as it is variable expense linked with turnover.
Mahi Yadav
CA Inter
★ 0
1
725
Profit or loss pre and post incorportion
Accountancy
answered on 25-Apr-21 19:39
How to calculate Sales ratio simply?
latest answer
Follow this method..
Mahi Yadav
CA Inter
★ 0
1
611