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CA foundation

Accountancy

answered on 19-May-20 10:42

Sir,Unable to open my course video

latest answer

Can you please try again - The videos are playing at our end.

praveen shankar

praveen shankar

CA Inter

6K+

1

536

query on banking companies sum

Accountancy

answered on 19-May-20 23:17

Page 8.103 illustration 2. How did interest/discount come to 2297 can you please explain?

latest answer

Thank you very much.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

5

562

Banking companies

Accountancy

answered on 19-May-20 11:29

Sir whether we have to solve problems like preparation of balance sheet sums also r else upto p&l alone it's enough Ian thoroughly done upto p&l part

latest answer

Preparation of balance sheet is not tested.

nive krish

nive krish

CA Inter

255

1

507

Premium payable on Buyback

Accountancy

answered on 18-May-20 08:54

Why premium on buyback adjusted against securities premium but not with free reserves ? Why securities premium not considered as free reserve?

latest answer

Free reserves are reserves which are available for distribution as dividends. Securities premium cannot be paid as dividends and hence not a free reserves. The premium on buy back is first set off against securities premium as securities premium has limited use. If SP balance is not sufficient, P&L is used.

Ramya kudupudi

Ramya kudupudi

CA Inter

2K+

1

532

Insurance claims for loss of stock and loss of profit

Accountancy

answered on 22-May-20 14:17

Dear sir in video class 17, ie illustration 7 (11) sir discussing solution without QUESTION

latest answer

Rectified. Thanks for your support

SUMANTH MANNAVA

SUMANTH MANNAVA

CA Inter

5K+

4

546

Another error in animated text

Accountancy

answered on 17-May-20 17:07

In video 9 "illus 1 part 1"of liquidation of companies at around 8:00 some weird number in lakhs is written after the text "Deficiency ranking as unsecured". Something like Rs 108840 or something Can you please explain how did that happen? To avoid such uncanny errors and mistake I will suggest Sir solves the whole sums using his own handwriting.

latest answer

It is not amount. It is the time stamp for the video. You may pls ignore it.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

565

Vertical balance sheet

Accountancy

answered on 01-Jun-20 12:41

Is vertical balance sheet compulsory for all chapters in accounts?

latest answer

No

Boomi Raja

Boomi Raja

CA Final

23K+

3

545

Advance account

Accountancy

answered on 17-May-20 22:09

Any ammendment in accounting standard

latest answer

No.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

1

554

Right share

Accountancy

answered on 23-May-20 23:19

What is the Maximum amount at which a right can be sold?plz explain with numericals!

latest answer

You can also track the live price of Reliance Rights entitlement during market hours on Tuesday [Monday markets are closed]. https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=RIL-RE&illiquid=0&smeFlag=0&itpFlag=0

lakshmi kollipara

lakshmi kollipara

CA Inter

1K+

6

620

Cenversion of partnership

Accountancy

answered on 22-May-20 10:26

Can someone explain how pc would be calculated in this question

latest answer

Sundry creditors have been settled by way of issuing equity shares. Settlement happens after amalgamation, that is why the value at balance sheet is considered as agreed value. If you notice the same is the case with Loan creditors.

Amit Verma

Amit Verma

CA Final

510

11

706