Forums
Cash flow statement
Accountancy
answered on 15-Jun-20 11:43
Can anybody explain What is voluntary separation payment and why is it in the asset side of balance sheet..?
latest answer
A voluntary separation scheme is established by a company struggling financially. The company offers employees the option to resign or voluntarily end their employment with the company in exchange for a certain settlement amount. Hence, the company sets up a fund to pay for future voluntary separation payments to these covered employees and that payment fund is reported as an asset in the balance sheet.
Aruna thavamani
CA Inter
★ 0
1
1K+
Pre .inx.and post Inc
Accountancy
answered on 13-Jun-20 16:02
Why dividend paid in equity shared is shown directly in balance sheet and not in pre inc .& post inc. profit statement ....why there is no treatment in pre &post Inc . Profit statement ?
latest answer
Dividend income does not affect company's net income or profit, dividends impact the shareholders' equity of the balance sheet
Sachin M
CA Inter
★ 280
1
512
Branch account
Accountancy
answered on 15-Jun-20 18:20
In book back illustration 5 In debtor method we no need to consider the branch ( in head office point of view we don't know that) but in this sum they entered in branch account Outstanding expense of branch also included how??
latest answer
Net profit as per branch account is 1102 it's correct
Kanaga Mani
CA Inter
★ 3K+
11
584
AS 11
Accountancy
answered on 15-Jun-20 11:54
In forward exchange contract When does premium or discount arise? When does profit or loss arise? When does exchange difference arise? What is the difference between All these? Please explain with examples
latest answer
1. The premium or discount, arises by the difference between the exchange rate at the date of the inception of the forward exchange contract and the forward rate specified in the contract. 2. Profit or loss arises upon cancellation or renewal of such forward contract
Satya Shashank
CA Inter
★ 13K+
3
566
Restoration expenses.
Accountancy
answered on 12-Jun-20 18:09
If restoration expenses is 66.5 after 3 years. And discount rate is 10% ... How to calculate present value
latest answer
1÷1.1 tease to 3 times =0.7513148009� 66.5 = 49.96 p.v of three years
Divya K
CA Inter
★ 885
1
584
Financial statements
Accountancy
answered on 11-Jun-20 09:40
For equity and liability item list of share holder holding."................"share as on balance sheet date should be disclosed separately.pls give the meaning and say answer to this bit
latest answer
Details of shareholders holding more than 5% shares.
MARISETTI DURGA
CA Inter
★ 5K+
2
580
Branch account
Accountancy
answered on 16-Jun-20 08:08
In illustration 3 In debtor method the debtors collection was 163500 In stock and debtors method the debtors collection was 171000 how????
latest answer
It is useful.
Kanaga Mani
CA Inter
★ 3K+
4
608
Amalgamation of Companies
Accountancy
answered on 08-Jun-20 15:56
Please sir, solve 3 to 4 problems with different adjustments in YouTube on Amalgamation of Companies (CA Inter New). Sathya sir told that he will think of this in one of his YouTube live conducted by indigolearn. Please sir ð???
latest answer
We will let you know once it is scheduled. Also near the exams there would be an option to buy individual chapter. You can think of that option.
karthik jois
CA Inter
★ 0
1
530
Title of videos require change
Accountancy
answered on 05-Jun-20 17:47
Consolidated FS video 52 title and video 53 title are wrong. Video 52 should be titled downstream transactions while 53 should be titled upstream. Also within the opening 1 minute of video 53 you will find its written "Selling price of Holiding" (which is surely a copy paste job, but anyways...) it should be Subsidiary not holding. Error is identifiable by looking at the thumbnail only.
latest answer
Rectified! Thanks for reporting
Kumarjit Dey
CA Inter
★ 4K+
2
559
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
591