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Accountancy

answered on 22-Apr-24 17:29

Can I skip branch accounts chapter alone? Is there any possibility of asking branch accounts in Mcq or compulsory question ?

latest answer

They can ask.

Soon to be CA

Soon to be CA

CA Inter

4K+

4

249

Purchase consideration settlement

Accountancy

answered on 22-Apr-24 15:45

Purchase consideration means any payment to owners of the company i.e. Shareholders. So pc does not include any settlement made to debenture. That logic is enough know. Again in this video net assets value does not effect on settlement made. What is that. I didn't understand the 2nd logic.

latest answer

There net asset value does not change because the debentures are redeemed by issuing new debentures as the liability does not change If those are redeemed for cash then it will have impact on both liabilities side and the assets side with the same amount. So net assets will not change

sitaram kollepara

sitaram kollepara

CA Inter

2K+

1

184

about mock test for Inter

Accountancy

answered on 23-Apr-24 23:55

Sir, what is the cut off date for writing mock test for advanced accounting?

latest answer

it must not exceed 7 days before exam..:)

Jayamalini Baskaran

Jayamalini Baskaran

CA Inter

520

2

232

General

Accountancy

answered on 24-Apr-24 14:56

Sir I still have to complete amalgamation internal reconstruction and consolidation chapter videos I am pannic I have more videos to watch, how to complete on tym i am in struggle of tym I wanted to write mock for accounts Plz help me out with tis Kindly provide me some marathoon for consolidation alone plz sir I have rest of my subjects also to complete

latest answer

If consolidation or amalgamation is not happening, do not panic. Focus on what you have completed.

nive krish

nive krish

CA Inter

255

2

230

AS4,5 treatment

Accountancy

answered on 15-Apr-24 18:53

what should be answer for this question in attached image? What happen if insurance policy cover is also maintained with provision for debtors?

latest answer

If insurance policy is maintained by the company, it will be a contingent asset. And will be recognised as income when the insurance company approves of the claim.

Shubham .shubham

Shubham .shubham

CA Inter

885

1

206

Amalgamation of companies

Accountancy

answered on 15-Apr-24 09:24

Explain the whole question with solution.

latest answer

What is your doubt?

Avantika Gupta

Avantika Gupta

CA Inter

2K+

1

96

AS 23

Accountancy

answered on 24-Apr-24 19:30

IN Cae 3, while calculating carrying amount of investment on March 31, why they have reduced goodwill and capital reserve supposed to be Rs. 8000 is not done net off ?

latest answer

Thank you so much, Sir. I was waiting to clear this doubt.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

2

246

Purchase consideration

Accountancy

answered on 15-Apr-24 19:26

why do we calculate the intrinsic value since nothing is given in the question so then we generally settle the selling co. with amt given in balance sheet?

latest answer

No of shares to be issued are not given.

 Preethi S

Preethi S

CA Inter

2K+

1

266

As19

Accountancy

answered on 15-Apr-24 19:26

Pv in amount for gross lease rental coming around1441140

latest answer

Can you elaborate your doubt?

nive krish

nive krish

CA Inter

255

1

311

Not sure about the calculation Bal c/d

Accountancy

answered on 16-Apr-24 10:41

Anyone can please confirm Balance C/d amount ₹ 2,59,740. It's looks like typing error.

latest answer

Got it, Thank you for response 🙏

Samarendra Patasani

Samarendra Patasani

CMA Inter

0

5

279