NPO

answered on 07-Nov-23 21:52

Moving machine in npo explanation

latest answer

Can you elaborate your query?

Devi sri K

CA Foundation

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Banking companies

answered on 08-Nov-23 17:10

What is the relevant CRR AND SLR for nov23?

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🙏

kalees waran

CA Final

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3

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Liquidation

answered on 07-Nov-23 18:52

How Net dividend & bonuses is Rs.29700

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Thank you

Prethivi Rajan

CA Final

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235

Liquidation

answered on 07-Nov-23 21:22

How Balance ( being other trading losses) is Rs.26875

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You are utmost welcome 🤗

Prethivi Rajan

CA Final

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213

Financial Statements of NPO - Fund treatment

answered on 04-Dec-23 16:01

Illustration 12 There is a Research Fund and expenses such as Materials Consumed for research and Salaries paid for research. In the answer, they are debited to Income and Expenditure despite a fund for this specific purpose already existing. Why is this so? Shouldn't we just deduct it from the Research Fund when we prepare the Closing Balance Sheet? https://resource.cdn.icai.org/67185bos54090-cp9.pdf The question is long, so I cannot attach it here. Please click the above link and go to page 26 of the PDF

latest answer

Ok sir, thank you for the reply!

Vishnu Muraleedharan

CA Final

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4

278

Formula

answered on 07-Nov-23 12:18

What are all includes in equity share holders funds and what are all in equity (for fm ratio chapter also)

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Same.

Sai sruthi

CA Inter

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196

As 11

answered on 08-Nov-23 14:28

below sum , I solved using para 46 A.check whether my answer is correct or not . Note: As per para 46A. Exchange loss on settlement, transferred to p&l. Exchange loss on balance sheet date added to cost of asset as per para 46A

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Thank you sir 😊

Krishnan K

CA Inter

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Balance sheet

answered on 07-Nov-23 11:44

What is Dividend equalisation fund and its uses ?

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It is a fund created to set aside some amount for dividends payment in future.

kowselyaa G

CA Inter

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210

ESOP

answered on 07-Nov-23 12:29

What does expected forfeiture per yer mean?

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Thanks Sir

kowselyaa G

CA Inter

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NBFC

answered on 06-Nov-23 21:08

Jan 21 examination ques 3.b How will ICAI classify “75 accounts for 4 months ( Amt overdue 64 lakhs ) as STANDARD ASSET???

latest answer

NOOOOO. Once there are no payments towards interest or principle or on demand or call for a period of three months it becomes "NPA" not "SUB STANDARD" if it stays NPA for a period of 12 months or more it becomes "SUB STANDARD" understand the provisions clearly. Your confusing the provisions of banking company with nbfc. In banking an account automatically becomes SUB STANDARD on being classified as NPA. in NBFC an account becomes SUB STANDARD after 12 months or 18 months depending upon SI or NSI becoming NPA. Understand the difference.

kowselyaa G

CA Inter

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