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AS 20 - Rights issue
Accountancy
answered on 07-Oct-25 13:58
Illustration 4 in study material. For EPS calculation of year 2, I didn’t understand the time weighting factor considered. Please clarify. Photos attached below
latest answer
For time weighting factor, We consider Right adjustment element till the date of rights issue - this is time weighted separately for number of months from beginning of month till date of right issue After shares are issued, we consider total shares for remaining months.
Ritu Kotian
CA Inter
★ 11K+
1
51
Borrowing Cost-AS 16
Accountancy
answered on 04-Oct-25 17:39
Calculate the interest to be capitalised?
latest answer
question no 11 page 62 https://icmai.in/upload/Students/Download_Archives/paper16.pdf
Ram Gopal
CA Inter
★ 250
1
53
Journal entry
Accountancy
answered on 07-Oct-25 13:56
When a company recieve gift then what will be the journal entry for company
latest answer
Yes. If its for a specific purpose, it would be part of specific fund. You need to check with your senior/ principal.
Snehashis Mohanty
CA Inter
★ 35
12
66
categorisation of non companies
Accountancy
answered on 09-Oct-25 14:33
where can i find the material for change in this categorisation? the study material still has 4 levels [Video Time Stamp: 00:43]
latest answer
thank you
Ritu Kotian
CA Inter
★ 11K+
6
59
About Account Formula
Accountancy
answered on 29-Sep-25 10:15
what is the formula for liability [Video Time Stamp: 00:00]
latest answer
Assets = Equity (capital) + liability Liability = Assets - Capital
Haneeksha SR
CA Foundation
★ 0
1
51
Corporate accounting CMA inter-2
Accountancy
answered on 29-Sep-25 13:23
Can anyone please solve operating activities in this question im unable to get answer for operating activities
latest answer
1
JAI AKASH
CMA Inter
★ 0
5
105
Foundation semptem 2025 solution
Accountancy
answered on 26-Sep-25 06:37
Need accounting for foundation 2025 september solution
latest answer
Okay.
vishnu shukla
CA Foundation
★ 820
1
67
EPF or ESI
Accountancy
answered on 24-Sep-25 08:47
will it be considered as Liability Or Expenses for a Company(EPF both employer & Employee Contribution.
latest answer
Yes. If unpaid it will be shown as payable
Snehashis Mohanty
CA Inter
★ 35
4
40
Illustration 3
Accountancy
answered on 23-Sep-25 12:23
The profit and loss account balance in trial balance - what does it exactly mean sir? In previous illustrations we took it as opening balance , in this illustration you are saying it is the balance after all adjustments.. Since there is no P&L items given in question are we assuming it as the profit for the year? [Video Time Stamp: 01:24]
latest answer
Pls update your profile to CA Inter.
Ajay Kumar
CA Foundation
★ 1K+
4
62
Loans and advances
Accountancy
answered on 22-Sep-25 13:22
Can a company give another company loans and advances?
latest answer
Yes. Subject to provisions of companies Act.
Snehashis Mohanty
CA Inter
★ 35
1
50