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Redemption of preference shares.

Accountancy

answered on 21-Feb-20 20:37

Illustration 2 to find out number of shares ,when shares issued with premium u divided only by face value.. Bt in illustration 4 went shares r issued @ 50 and 10 premium.. We SD divide by 50 right sir.. Y u divided by 6.

latest answer

First is a case where you want to ensure that there is no transfer to CRR. Second is a case where you want to know how many shares are to be issued so that enough money is raised for redemption.

Shruthi V

Shruthi V

CA Inter

0

1

878

AS 2 Q&A

Accountancy

answered on 21-Feb-20 20:52

In this question ,the excise duty has not been mentioned but sir took it as Rs.10.How? Does cenvat imply here?

latest answer

Okay

Raviteja Kusumanchi

Raviteja Kusumanchi

Qualified CA

42K+

2

850

Doubt in AS 2

Accountancy

answered on 21-Feb-20 20:52

Is depreciation of all assets in factory always considered as fixed overhead ?

latest answer

Okay thank you sir

Raviteja Kusumanchi

Raviteja Kusumanchi

Qualified CA

42K+

4

768

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

751

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

773

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

708

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

766

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

712

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

826

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

1K+