Forums
Why we need to create own debentures investment account??
Accountancy
answered on 05-Jun-20 10:30
Purchase of debentures Own debentures a/c Dr To bank a/c. Then Cancellation of own debentures X%debentures a/c Dr To own debentures ANYWAY ITS CANCEL EACHOTHER, then why we want create own debentures account WE CAN USE THE TERM AS REDEMPTION??? same treatment as redemption and own debentures also why we treat as own debentures??
latest answer
Tq
Kanaga Mani
CA Inter
★ 3K+
3
573
Course validity
Accountancy
answered on 15-Oct-20 18:07
I am studying CMA if I am buying one subject means can I have the validity period.
latest answer
There is no update on CMA courses
Vikash Rajan
CA Inter
★ 0
5
550
Redemption of debentures
Accountancy
answered on 05-Jun-20 10:30
Why we treat own debentures as investment? And explain the concept of own debentures
latest answer
'Own Debentures Account', is opened in the books when a company buys its own debentures for investment purposes and not for cancellation. Company can buy its own debentures before redemption and show it as an investment at the purchase value and cancels it at the time of redemption. Also, Companies act permits buy back of securities if articles permits
Kanaga Mani
CA Inter
★ 3K+
1
512
Redemption of debentures
Accountancy
answered on 03-Jun-20 10:32
In book back illustration 2 In solution they created DRR investment account but they didn't create for DRR account ?? Why
latest answer
The illustration says - Its a public issue and also assuming it to be a listed company - DRR is not required Note - Other listed companies for both public as well as privately placed debentures - No DRR is required
Kanaga Mani
CA Inter
★ 3K+
1
568
Glitchy/distorted/buggy audio
Accountancy
answered on 04-Jun-20 09:39
Lectures 22 to 24 of Consolidated FS. If you hear audio of any one of the remaining lectures and then hear 22/23/24 you will clearly understand the difference.
latest answer
Well unfortunately that is the best possible at this time of lockdown. Once lockdown ends and all people are back to office we will try to replace it with a better quality audio. It is not as if there is too much disturbance. Request you to adjust with this for now.
Kumarjit Dey
CA Inter
★ 4K+
6
486
Cash book illustration 3
Accountancy
answered on 05-Jun-20 21:09
Sir ne jab video me question Ka answer karaya aur Jo book me answer hai dono aalag aab samaj Nahi aa Raha kon sa Sahi Mano. Please help me to solve this problem. Tell me which one is correct.
latest answer
While solving problems, please refer to the illustrations provided along with notes. If the question says paid through cheque/bank, it means the amount would be credited in bank column [The solution provided in video is according to the questions provided in notes]. If it is paid by cash, then amount would be credited in cash column.
Priyanka Saini
CA Foundation
★ 12K+
16
779
Redemption of debentures
Accountancy
answered on 01-Jun-20 09:04
In cum interest and ex interest I didn't understand the journal entries for 31 st march We want to see in whom point of view can u explain the journal
latest answer
I got it tq sir
Kanaga Mani
CA Inter
★ 3K+
7
508
Doubt/query regarding solution of this Partnership sum
Accountancy
answered on 31-May-20 10:57
Why has the balance in Dena Bank overdraft account been cosidered part of Purchase Consideration, when there is no mention of the same being taken over? The onky liability that is taken over as mentioned in the question is Creditors. [Illustration 4: Video 11/12 of Amalgamation of Partnership module]
latest answer
Ok thank you.
Kumarjit Dey
CA Inter
★ 4K+
3
471
Mistake in heading for a statement
Accountancy
answered on 03-Jun-20 12:04
At around 8:55 of 4th video "illustration 1 part 4" the heading is wrongly typed "Capital a/cs - S & Co". Please change it to statement of capital in new firm as it should be.
latest answer
Made the corrections! thanks for reporting
Kumarjit Dey
CA Inter
★ 4K+
2
520
Narpalanagendra
Accountancy
answered on 30-May-20 08:57
Sir I buy the ca inter new group1 accounting course. But I can't find the all lessons in vedio classes what is the reason and how to get remaining lessons
latest answer
write a mail to support@indigolearn.com, it will be looked into
narpala prasad Reddy
CA Inter
★ 0
2
538