Forums
company accounts
Accountancy
answered on 23-Oct-20 10:31
sir a company wants to raise authorised capital of 1 lakh the face value of share is 20rs. total shares are 5000 if the company issued this shares at rs 30 we will actually credit the addditional amount to securities premium but 5000 shares @ rs 30 share is 1 50 000 which is more than authorised capital explain this
latest answer
Ok sir
Prasanth Kumar
CA Inter
★ 13K+
3
528
Futures of a Accounting System
Accountancy
answered on 27-Oct-20 12:32
What could the future of accounting look like? And what are the new trends in accounting?
latest answer
Please google and visit their websites .
Seema Singh
Qualified CA
★ 0
5
542
Redemption of debentures
Accountancy
answered on 22-Oct-20 18:42
In Illustration 1. The DRR created is 10%. But as per provisions is it not 25%. Pls clarify
latest answer
It is 10% after August 2019. Explained in video.
Bharath
CA Foundation
★ 0
1
552
Books
Accountancy
answered on 23-Oct-20 08:35
What are the all books , and vouchers documents to be kept by a service provider providing a manufacturing contract(job work).
latest answer
There are no prescribed books.You need to maintain documents which will help tax/gst authorities assess.
Preeshma Manasa
CA Final
★ 2K+
4
680
Consignment chapter
Accountancy
answered on 22-Oct-20 19:09
Sir what is provision for expenses account . Why it is shown in consignment account.
latest answer
Ok sir
Sri kanaga Varshini
CA Final
★ 3K+
4
546
Consignment
Accountancy
answered on 21-Oct-20 19:56
Sir in this sum there is difference between cost & selling price but the effect of loading is not shown why ? Similar sum like this they have shown the effect.
latest answer
Ok sir understood.
Sri kanaga Varshini
CA Final
★ 3K+
2
572
Stock taking
Accountancy
answered on 22-Oct-20 20:00
Should we take 2. (ii) in calculation in cost of goods sold and inventory taking?
latest answer
Some part of the question is missing
AKSHITA SITA PRAVA
CA Final
★ 590
3
551
investment
Accountancy
answered on 20-Oct-20 17:20
in illustration 11 of the institute's textbook , why is the brokerage not added when the right shares are bought ?
latest answer
k thax sir
Swathi Krishna
CA Final
★ 8K+
2
569
Redemption of debentures
Accountancy
answered on 20-Oct-20 15:26
Is it mandatory to create every year of 10 % of o/s Debentures or sufficient to create 10% till the redemption sir..
latest answer
It is done only once.
makthala venkateswarlu
CA Foundation
★ 510
2
554
Amalgamation, purchase consideration
Accountancy
answered on 24-Oct-20 18:17
Purchasing co. Paid consideration to selling co. Through shares,Deb,cash etc. In Indigo learn of 4th problem.. Neal Ltd which is purchasing co paid itself shared how it's possible ... Can u please explain this sir ... i.e., 1)Paid to share holders of Neal Ltd,paid in the form of equity &pre shares of Neal Ltd 2) paid to share holders of Gagan Ltd, paid in the form of equity & pre shares of Gagan Ltd. My query..A)if one co is purchased the another co. Then such co. Only paid purchase consideration to selling co. [Here,both cos are involved in the purchase consideration computation] B)if both cos are included,then why it is paid to itself other than alternate co...?
latest answer
Yes
anju B
CA Inter
★ 21K+
7
653