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AS 25 - Interim Financial Statements

Accountancy

answered on 24-Feb-20 06:24

In case a company is preparing complete set of financial statements, it needs to give the same in the format as in recent FY end. The doubt is 'in such a case, whether Basic and Diluted EPS need to be reported will be annualised or otherwise?'

latest answer

It will not be annualized. It will be for the period only.

Rahul Sharma

Rahul Sharma

CA Inter

3K+

1

686

Adv account. Partnership

Accountancy

answered on 26-Feb-20 18:39

Why in this sum deficiency of partner capital of C and D is debited to A and B IN their capital ratio Instead of profit sharing ratio when garner Murray rule not mentioned

latest answer

You need to bring in cash for realisation loss. (Though generally its a book entry only, but still need to show). The book might be incorrect.

Gokul Nath

Gokul Nath

CA Inter

605

3

730

Santhosh

Accountancy

answered on 18-Feb-20 14:04

How can we know in amalgamation it is in nature of purchase or merger

latest answer

You have to check the 5 conditions specified in AS14

NAVEEN KUMAR E

NAVEEN KUMAR E

CA Final

14K+

1

669

Insurance claim on profits nd loss ac

Accountancy

answered on 19-Feb-20 08:01

When gross profit during 2012 was expected to decline by 2 % on sales by how much percent we should decrease from short sales nd annual turnover ?

latest answer

Tq sir

Sachin M

Sachin M

CA Inter

280

7

714

Doubt for partnership problem

Accountancy

answered on 17-Feb-20 15:48

I don't understand that marked area pls make explanation

latest answer

Thank you sir

Vigneshwaran

Vigneshwaran

CA Inter

4K+

2

665

Loss of profit

Accountancy

answered on 23-Feb-20 06:19

In the vedio y 50000 is taken as GP on adjusted annual turnover?... Its supposed to be 240000+ternd of 10% isnt it?

latest answer

In illustration -9 .they had given a clear note under the question plzz look at it.NOTE: consider G/P on T/O of financial year not adjusted annual T/O. If such statement is not given we take adjusted annual turn over only.

Sahana Sirsikar

Sahana Sirsikar

CA Inter

9K+

8

782

AS 17 Segment Reporting

Accountancy

answered on 23-Feb-20 01:20

As per 'Segment reported in PY' test, any segment reported in last year and not meeting such criteria this year shall be a reportable segment. Isn't it that the segment will be reportable everytime based on same ground that it was reported last year this year also it should be reported? Just want to know, when will this chain of reporting segment based on this test will break?

latest answer

Cool. Thank you so much ð???

Rahul Sharma

Rahul Sharma

CA Inter

3K+

8

929

Accounting standards

Accountancy

answered on 14-Feb-20 11:23

I want to buy g 2 AS

latest answer

as of now individual modules are not available.....you have to wait till april 1st

Logesh Sampathkumar

Logesh Sampathkumar

CA Inter

0

1

699

As-2

Accountancy

answered on 18-Feb-20 14:05

Sir, in below problem.. Why dont we include profit on sale of by product

latest answer

Its given in the solution.

Star Ca

Star Ca

CA Inter

3K+

3

745

Chapter wise material

Accountancy

answered on 11-Feb-20 15:27

Hi IndigoLearn Team, Is it possible to launch the course in chapter wise form. Like I would buy, consolidation and amalgamation for my FR! Thanks in anticipation. Cheers ð???

latest answer

You can buy consolidation and amalgamation from CA Inter portion in April.

Rahul Sharma

Rahul Sharma

CA Inter

3K+

2

705