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Amalgamation and shareholder's worth
Accountancy
answered on 13-Mar-24 13:48
Sir while studying amalgamation we have understood that equity or shareholder's worth is calculated by subtracting liabilities from assets, which denotes the amount shareholders earned throughtout they year and deserve while exiting the company. Now doubt is, when we listen that shareholder's worth has increased for whatever reason (like share prices in stock market have increased or profits have increased or both or for any other reason) the lia.side of balance sheet will increase but when SH's worth increase, how do they increase the corresponding assets in real life? Let's say stock prices have risen manifold and gone from ₹10 to ₹80, now how will asset side increase? Cash won't increase ofcourse BCz money won't come in bank by increase in share prices in stock market, so how exactly assets will increase?
latest answer
When you refer shark tank, the increase is in valuation of the company. Valuation is from market point of view. Net worth is from balance sheet point of view.
Garima Bhargava
CA Inter
★ 185
3
299
Borrowing cost illustration 7
Accountancy
answered on 07-Mar-24 08:52
Interst till completion is 18 lakhs.. int till mar is 25 laksh .. only the diff will be charged off to pnl whyyyy 25 lakhs to pnl
latest answer
ONly 7 lacs will be expensed
MONIKAA RAMESHKUMAR
CA Inter
★ 710
1
127
Borrowing cost
Accountancy
answered on 10-Mar-24 19:05
In illustration 2 book pg no 5.119 is the same method of this problem .. but slight difference is in.. can i use book method to solve the weighed avg interest method
latest answer
Yes
MONIKAA RAMESHKUMAR
CA Inter
★ 710
1
141
Subsequent Recognition of Current Investments
Accountancy
answered on 02-Mar-24 20:05
Hi sir, hope you're well. Generally, we reduce the carrying value down to lower of cost / FV, at balance sheet date. Suppose we make a sale of part of the investment before the balance sheet date, do we reduce the carrying value down to lower of cost / FV first, and then book profit / loss on disposal? Or is there no need to check for revaluation apart from balance sheet date. Thanks
latest answer
For sale you directly compare carrying amount and sale value.
Devaprasad Jothimani
CA Inter
★ 0
1
233
Adjustment regarding final accounts
Accountancy
answered on 02-Mar-24 19:32
In this question, intdrim dividend paid is given as 18000 but un the adjustments, final duvidend is declared at 10 percent. Why arent we showing that or deducting it from profit
latest answer
Date of declaration is after FY end.
Parvathy Ajith
CA Inter
★ 0
1
236
Consolidation
Accountancy
answered on 01-Mar-24 09:43
In consolidation if question didn't mention about general reserve pre or post then we consider It as per is it correct?
latest answer
It would be given in the question reserves on date of acquistion
Mile s
CA Final
★ 250
1
231
ILLUSTRATION 4 I COMPLETE RECORRDS
Accountancy
answered on 13-Mar-24 14:29
sir in illustration 4 some items of furniture whose written down value on 31st march 20x1 and sold on 30th September 20x1 for 8000 is related to previous year transaction but how it can be shown in current year cash book and p and l account
latest answer
Think of it as 31st March 2001 & 30th September 2001. So if it is sold during September 2001, it falls in financial year ending 31st March 2002.
Surya Kiranmayee
CMA Inter
★ 0
1
159
SUM NO 8
Accountancy
answered on 13-Mar-24 14:15
In this question, the solution contains the profit and loss a/c already reduced from (875-50) and shown as 825 while passing the journal entries and again why are we deducting the 50 in the balance sheet as from(825-50)?
latest answer
The cost of issue of debentures has been reduced from the P&L balance.
Srividhya Sundarrajan
CA Final
★ 3K+
4
208
Wrong Video Uploaded
Accountancy
answered on 02-Mar-24 20:06
There is no Question and Answer Video
latest answer
This has q&a
Prateek
CA Inter
★ 120
1
287
AS 28
Accountancy
answered on 02-Mar-24 20:07
Why there are no problems solved in AS 28 in the video lecture, which is there in the study material provided by you
latest answer
towards 3rd week of March.
Prateek
CA Inter
★ 120
3
132