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Shareholders sacrifice
Accountancy
answered on 11-Apr-24 07:34
What is shareholders sacrifice? They have to leave their portion of money and getting out of the company?
latest answer
They give up part of their holdings or in some cases full holdings.
sitaram kollepara
CA Inter
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1
163
Logic behind IRR being Interest Rate
Accountancy
answered on 11-Apr-24 07:36
Hi sir, hope you're well Why do we take IRR as the discount rate? Since the lessor is essentially the financer here, wouldn't they prefer to generally keep a higher interest rate? Why do we deem IRR as the lessor's interest rate? Thanks
latest answer
When you borrow money from bank, the bank earns interest by charging a specific interest rate say 10%. That 10% becomes the cost for the borrower and borrower accounts for 10% as interest expense. In leases which are in the nature of financing, the finance cost to lessee is nothing but what is earned by the lessor. If the lessee knows that rate, it will be considered for accounting. But in many cases, it might be difficult for lessee to determine this and hence incremental borrowing rate is considered.
Devaprasad Jothimani
CA Inter
★ 0
1
253
For year 20x2
Accountancy
answered on 16-Apr-24 20:31
Sm sum I have tried sir I attached my workings and study material Rights issue last date is 1/3 so i considered it as 1month but in study material 600000 & 10 months they have taken I have doubt in tat portion sir Kindly resolve tis doubt sir
latest answer
Thank you sir
nive krish
CA Inter
★ 255
4
284
As 20 rights
Accountancy
answered on 10-Apr-24 18:01
Sir if I use tis three step adjustment for studymaterial sum I'll 4 I am unable to get theoretical ex rights fair value but I tried indigo learn sums in tat I am arriving easily According to my computation I am getting 0.875 but in study material sum it's coming 20 I also attached both my workings and studymaterial solution part I can't able to find my mistake Kindly help me out sir please
latest answer
Thanking you sir
nive krish
CA Inter
★ 255
2
262
General doubt
Accountancy
answered on 11-Apr-24 07:37
In case of amalgamation in nature of purchase, purchase consideration includes compensation for share capital and reserves. In case of merger, purchase consideration includes compensation for share capital also. Am I right in this context.
latest answer
Reserves are incorporated (created) in the new company, It is not that they are transferred.
sitaram kollepara
CA Inter
★ 2K+
3
148
AS18
Accountancy
answered on 09-Apr-24 17:34
First thing, 60% on 30% = 18% indirect control Second thing, 22% direct control 18+22 = 40% but not more than 50%(more than half voting power) I know that I'm wrong, but tell me why am i wrong. Treat me as a layman.
latest answer
For calculation under AS 21 we take effective %.
Sai Akash rockster
CA Inter
★ 5
3
251
IND AS-33 EPS
Accountancy
answered on 09-Apr-24 15:51
If date is not specified then it is appropriate to assume as right issue made in the beginning of the year??
latest answer
They have missed the date in the quesiton. It will be give in the examination.
Devisree
CMA Final
★ 0
1
244
Excess amount
Accountancy
answered on 10-Apr-24 16:20
Excess of what we get over over what you paid in case of merger is credited to p&l know?
latest answer
General Reserves/Capital Reserves.
sitaram kollepara
CA Inter
★ 2K+
3
149
P&l a/c
Accountancy
answered on 10-Apr-24 16:28
The profit and loss a/c is showing ₹825 but in lecture sir said that p&l a/c balance is ₹775
latest answer
Consider 775.
sitaram kollepara
CA Inter
★ 2K+
1
129
Illustration 10 from investment
Accountancy
answered on 09-Apr-24 17:20
Illustration 10 1. In the investment account the dividend column is necessary to draw out what? 2 . If the bonus is declared on 2/9/20X1 then the bonus dividend is adjusted in P & L or not? 3 . Last topic of illustration is not understood
latest answer
1. You can add dividend amount column. 2. Normally dividends are declared based on record date. In this illustration it is assumed that dividend is not received on bonus shares. 3. Which last topic?
Shivashankar Jawai
CA Inter
★ 2K+
3
242