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answered on 29-Oct-24 18:16

in this case they are saying abnormal loss of RS.1lakh has occurred on 1/7/18.Whereas the DOA is 30/9/2018.So then why here we are adding abnormal loss of 1lakh in post acquisition instead of pre acquisition?

latest answer

thank u sir

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

4

523

In question 2

Accountancy

answered on 22-Oct-24 12:56

Refund of grant means giving money back to govt or receiving money from govt?

latest answer

Giving money back to government

Shivashankar Jawai

Shivashankar Jawai

CA Inter

2K+

1

464

AS 11

Accountancy

answered on 21-Oct-24 19:32

For this question amount to be capitalized is Rs.62.5 lakhs right? As its payable on three annual equal instalments

latest answer

3187.5 rupees, not 3062.5

Soon to be CA

Soon to be CA

CA Inter

4K+

2

577

Cfs

Accountancy

answered on 21-Oct-24 10:07

Sir whether this equity method of accounting is applicable only for associate company??? Or It is applicable for subsidiary companies also??? In consolidated financial statements

latest answer

Only associate.

Suman Hs

Suman Hs

CA Final

2K+

1

253

In this qn all the abv merger conditions satisfy but they use the purchase method why???

Accountancy

answered on 21-Oct-24 10:40

In this qn all the abv merger conditions satisfy but they use the purchase method why???

latest answer

The condition that business will be continued is not given in the question. So this condition is not satisfied.

Jeeva Sakthivel

Jeeva Sakthivel

CA Inter

0

1

623

In internal reconstruction

Accountancy

answered on 18-Oct-24 11:45

can I do journal entries with working note before every journal entries is it acceptable by examiner because the working note makes interruption I felt in the series of presentation

latest answer

Leave first two pages for working notes and then write journal entries.

kumaresan C

kumaresan C

CA Inter

345

1

607

Bills of Exchange

Accountancy

answered on 21-Oct-24 11:31

Im confuse for the last entry. Pls answer it

latest answer

Thank u

priyal batavia

priyal batavia

CA Foundation

910

5

466

Ledger

Accountancy

answered on 18-Oct-24 08:14

Hello sir / madam Shall we have to create this ledger horizontally or vertically in exams ?

latest answer

It can do horizontally

Nagachaitanya Nomula

Nagachaitanya Nomula

CA Final

8K+

1

308

FCMITD date

Accountancy

answered on 18-Oct-24 16:12

Sir, what is the criteria under which the last date to write off FCMITD is considered in question 2 ?

latest answer

ok sir. Thank you so much sir.

Poojasree Shakthiraam

Poojasree Shakthiraam

CA Inter

25

2

285

Buy Back of Shares

Accountancy

answered on 17-Oct-24 15:34

If cash/bank balance is used for the purpose of buy back, do we have to create CRR Account?

latest answer

If buyback is out of free reserves or securities premium account then a sum equal to nominal value of the shares purchased has to be transferred to the Capital Redemption Reserve Account (CRR) A/c.

Nova Shaji

Nova Shaji

CA Inter

2K+

2

661