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Debenture redemption reserve
Accountancy
answered on 22-Feb-21 11:23
Sir, In module illustration 3 _balance given in bank A/C and DRR A/C is not matched with the way you solved the sum .please help me with this sir
latest answer
The institute material has not calculated interest on debentures
Subash Chandrabose
CA Final
★ 32K+
1
643
Pre / Post Incorporation
Accountancy
answered on 22-Feb-21 13:21
Please clarify the ratios in which these expenses will be allocated - (Time or Sales) â?¢ Travelling Expense â?¢ Traveller's Commission
latest answer
Sales
Ishika Goel 282
CA Final
★ 3K+
3
641
Cash flow
Accountancy
answered on 21-Feb-21 12:30
For preparing cashflow indirect method wen we start wid net profits before tax should we again add back provision for taxes bcz its a non cash expense sir
latest answer
If you start at net profit before tax, no need to add again
Shru Kanda
CA Inter
★ 610
1
737
Hire purchase
Accountancy
answered on 22-Feb-21 13:38
Hi sir. How to calculate Cash Price in this question?
latest answer
Calculation of cash price
Aman Mahajan
CA Final
★ 19K+
1
764
Illustration 4, Ch-8, ICAI new study mat
Accountancy
answered on 22-Feb-21 11:47
In the solution, why bank balance of 7,50,000 has been taken as opening balance? Shouldn't it be used while calculating the closing bal i.e. 7,50,000 - 11,250 = 7,38,750. Q. says 7.5L including interest. So only interest should be subtracted. Is ICAI wrong in subtracting interest and investment amount also and adding Deb holder payment to it? For better clarity I have attached the Q + Soln.
latest answer
It is an investment a/c interest is received not paid
Ishika Goel 282
CA Final
★ 3K+
1
639
Term loan
Accountancy
answered on 21-Feb-21 13:14
The attached image is Notes to Accounts of Illustration 8 of Unit 1 of chapter 4 of paper 1 Here, how the LOAN FROM STATE FINANCIAL CORPORATION is identified as Term loan...?? Will u please clarify this doubt.? It is not mentioned in question about term loan...
latest answer
Thank you sir
James Js
CA Inter
★ 1K+
10
637
Illustrations
Accountancy
answered on 20-Feb-21 11:11
In the notes (pdf) of accounting (ca inter) you have provided illustrations(questions) Did you cover answers for all those illustrations in your videos? If not where can I find answers for those questions.
latest answer
Thanks..
Sai Teja
CA Final
★ 14K+
2
622
Bonus Issue : Authorised Cap
Accountancy
answered on 21-Feb-21 11:41
Authorised Capital. = â?¹ 10,00,000 Issued & subs Capital = â?¹ 9,00,000 Now, issued Bonus Share 1:4 i.e. 25% (i.e. â?¹ 2,25,000) Authorised capital will have to be increased by how much? a) 10,00,000 + (25% of 10,00,000) b) 10,00,000 + (25% of 9,00,000) c) or something else..?? Please clarify.
latest answer
The logic given in material is not correct
Ishika Goel 282
CA Final
★ 3K+
3
790
Suspense account
Accountancy
answered on 18-Feb-21 12:44
Sir, why don't we use suspense account there ? For 4,5,7,8,9
latest answer
Ok bro. Thanks
Meda Jeevansai
CA Final
★ 21K+
2
706
BRS
Accountancy
answered on 18-Feb-21 07:24
A debit of Rs.11,00,000 appeared in the back statement for an "unpaid cheque" which, had been returned marked "out of date". The cheque had been re-dated by the customer and paid into bank again on 5th July 2019 Could you explain the statement sir?
latest answer
When a customer given a cheque of RS 11lakhs,you had debited bank a/c in your books,but the cheque is outdated(3months time period had lapsed).hence in bank statement there is no corresponding credit.Later the customer given you other cheque.
Harshavardini K B
CA Inter
★ 6K+
2
2K+