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Financial statement
Accountancy
answered on 24-Apr-21 14:38
May I know the meaning of â??â?? share option outstanding account â??â??
latest answer
You first part of question is unclear. Second part - Share options outstanding account is a reserve which is created to reflect the difference between issue price of share options that are granted to employees and others amount of market value at that time. It is credited with expenditure attributable to that period. You shall learn more about it in Group 2 Advanced Accounting
Susai Yappan
CA Inter
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748
Doubt
Accountancy
answered on 24-Apr-21 14:34
Can some one explain me the 3rd question
latest answer
Thank you so much sir ,. Understood ð???
Susai Yappan
CA Inter
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2
777
Liquidation
Accountancy
answered on 24-Apr-21 11:35
Anyone's expalin how to do list H and is it important to open list H ?? I cannot understand list H format. Plz detailed explained for me
latest answer
In short, From the profit we add back items contributing to deficiency and reduce items contributing reducing deficiency.
Sathiya Bama
CA Final
★ 24K+
1
632
Short cut
Accountancy
answered on 24-Apr-21 10:09
Can I get some trick or short cut to learn the addition and deductions of items for computing profit for managerial remuneration
latest answer
Thank you sir , thank you so much .
Susai Yappan
CA Inter
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2
613
Doubt
Accountancy
answered on 23-Apr-21 14:20
Financial statement chapter . Illustration.2. . Please explain the below lines .
latest answer
Ok thank you sir for your explanation. Thank you
Susai Yappan
CA Inter
★ 12K+
2
717
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??
latest answer
Thank you so much sir for clearing my doubt.
Sainisha Ramesh
CA Inter
★ 200
2
532
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?
latest answer
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
★ 10K+
4
695
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
★ 10
1
592
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
latest answer
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
★ 2K+
2
881
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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814