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Workmen compensation liability and Reserve ?

Accountancy

answered on 25-Apr-20 10:03

In Purchasing Co balance sheet ,How to consider workmen compensation ? Whether as a Reserve or as a Long-term provision ? Because in answer it is considered as a Liability and entry passed..

latest answer

Thank you sir

Ramya kudupudi

Ramya kudupudi

CA Inter

2K+

8

624

Redemption of debentures

Accountancy

answered on 24-Apr-20 18:27

What are the amendments in redemption of debentures chapter??

latest answer

Thank you

Priya dharshika

Priya dharshika

CA Final

3K+

2

597

Cash flow statement

Accountancy

answered on 22-Apr-20 12:18

In cash flow statement, If in balance sheet, there was a item given which is 15% debentures and 10% preference share capital and 10% investment but there is no adjustments regarding this. Whether we need to disclose in cash flow statement under net profit before tax, dividend, reserve as interest on debentures and income received from investments??

latest answer

YEs.

Sk Rajni

Sk Rajni

Qualified CA

3K+

1

649

Company accounts

Accountancy

answered on 22-Apr-20 06:23

In company accounts balance sheet under share capital how they are calculating forefited shares

latest answer

If the forfeited shares Not yet reissued - should be shown in B/S by adding to paid up share capital. Reissued - credit balance left in forfeited shares a/c should be t/f to capital reserve a/c

Aravindh Kumar

Aravindh Kumar

CA Inter

4K+

1

664

Bluetooth headphone not supported

Accountancy

answered on 21-Apr-20 16:06

Sir, there is a problem in your app, that Bluetooth headphone contains button to pause and resume videos, that is not working with 1Fin while it works with YouTube, media player etc. Kindly solve the problem

latest answer

It's working well for me

Shamsudeen M

Shamsudeen M

CA Inter

50

3

611

Introduction to partnership

Accountancy

answered on 21-Apr-20 09:24

Sir having a doubt, if liquidation of the firm happens due to loss occurs or like insolvent let's take C is guaranteed for some amount which is to be bone by A .What will happen in this case sir?Still A is entitled to give guaranteed amount to C?First they have to settle to the 3rd parties right sir if dissolution happens. Then how will they manage this sir?

latest answer

Thank you sir

Anonymous CA

Anonymous CA

CA Foundation

4K+

2

547

Dividend

Accountancy

answered on 22-Apr-20 12:07

Application of dividend rules is for Gross or Net Dividend. When We say 10% dividend on capital.is this meant for net dividend or Gross amount of dividend [including DDT].

latest answer

Ok sir..thank you...

Pranav Connecting...

Pranav Connecting...

CA Inter

4K+

4

681

Interim Dividend

Accountancy

answered on 20-Apr-20 22:09

What are the purposes of issuing interim dividend. how much percentage of public company will go for issue interim dividend [most, avg,low ?].I want to know that this is very common to happen in companies or not. How many times in a financial year can issue interim dividend.

latest answer

Thank you very much sir...

Pranav Connecting...

Pranav Connecting...

CA Inter

4K+

2

643

Wrong titles

Accountancy

answered on 23-Apr-20 23:12

Lectures 19 and 20 of banking companies have wrong titles assinged to them. Just letting you know.

latest answer

Lecture 19 "Illustration 4" and Lecture 20 "Illustration 5&6" are in sequence of the illustrations solved by the faculty, hence the titles.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

689

Redemption of debentures

Accountancy

answered on 25-Apr-20 14:52

Sir, whether DRR and DRRI should be created only for non convertible part of debentures?

latest answer

Thank you sir.

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

2

621