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AS18

Accountancy

answered on 07-Feb-24 11:37

In 6th video of As 18 you Said about the related party transactions.. whether director will be related party to a company ?

latest answer

Yes.

Jashvanth.K

Jashvanth.K

CA Inter

11K+

1

70

Calculation of Purchase Consideration

Accountancy

answered on 03-Feb-24 10:48

Sir, Why Debentures have been taken into the calculation of purchase consideration in the net asset method?

latest answer

To determine net assets, we need to deduct the liabilities.

Prateek

Prateek

CA Inter

120

1

84

Limit of expenditure in schedule 3

Accountancy

answered on 03-Feb-24 11:46

To show expenditure in balance sheet as per schedule 3 what is the limit?

latest answer

You have to disclose based on materiality

Nagaraju Konerolu

Nagaraju Konerolu

CA Inter

3K+

3

180

Accounting new syllabus

Accountancy

answered on 03-Feb-24 00:48

AS-21 and AS-27 is still not uploaded in new scheme classes. Kindly consider the request.

latest answer

Hi

1 Minute Review

1 Minute Review

CA Inter

405

3

225

AS 10

Accountancy

answered on 07-Feb-24 15:38

Does anyone have examples of AS22 problems with solutions which includes consolidation as well?

latest answer

Thank you. Im a newbie and any link that I can access here?

Yasaswi Gomes

Yasaswi Gomes

Qualified CA

265

3

257

Cash flow statement

Accountancy

answered on 26-Mar-24 23:43

Why increase in inventories is deducted from profit before tax and extraordinary items

latest answer

Sir very clear explanation of opening inventory and closing inventory. Thanks a lot Sir.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

227

As-10

Accountancy

answered on 30-Jan-24 22:14

In the lecture of as-10, a topic about conditions for initial recognition of ppe was explained.ie.transfer of risk and rewards. Such points are not given in material. Is that important to remember?

latest answer

Ok. Thank you for immediate response sir

sitaram kollepara

sitaram kollepara

CA Inter

2K+

2

105

Ch -11 financial statements of company

Accountancy

answered on 29-Jan-24 11:27

In Question 8 of ch -11 financial statements of company (icai module) why loan and advances from related parties is considered as short term borrowing although no clarification regarding this is given in the question?

latest answer

Looks like u have a trial balance here you have to classify it under long term or short term.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

200

Depreciation

Accountancy

answered on 26-Jan-24 16:03

Is my revised depreciation under SLM is right?

latest answer

yes

Krishnan K

Krishnan K

CA Inter

5K+

1

190

Consolidated financial statements

Accountancy

answered on 26-Jan-24 12:25

Provision for doubtful debts @1% on 8,91,000 should be 8,910 know then y in adjusted reserve working note it has shown 9k?

latest answer

Already deducted 1% from 900,000 to arrive at 891000. So additional 1% is 9000

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

2

178

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