Cash flow statement

answered on 31-Oct-23 13:36

Please explain me that point I'm not able to understand

latest answer

Eliminate only 45 lakh trade receivable and trade payable in consolidated balance sheet

Sai sruthi

CA Inter

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202

Cash flow statement

answered on 31-Oct-23 16:59

We deduct tax from pandl account whether that tax is provision for tax only or else total tax including tax paid

latest answer

Total provision for tax. https://youtu.be/q6OpWp30lQM?si=7OoECuwSQaFgITNH

OMKAR REDDY

CA Inter

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204

Investment chap

answered on 31-Oct-23 00:01

What is the effect of the highlighted sentence in the investment a/c?

latest answer

105 per share is inclusive of dividend of 2 rps per share(100*2%)which is 10,000, so that is to be adjust against the cost of purchase that share by crediting in investmentaccount, because those divided is for previous year ended. Dividend received by A Ltd is not their income

sradha krishna sunil

CA Final

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201

Investment chap

answered on 31-Oct-23 17:00

Unless specifically mentioned not to consider, should we compute dividend by considering bonus and right shares ?

latest answer

Shares need not be in existence in previous year for final dividend.

sradha krishna sunil

CA Final

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193

Investment

answered on 30-Oct-23 20:06

Is brokerage of sale or purchase of bonds, debentures calculated on cum price or ex int price?

latest answer

Cum interest

Pooja .

CA Final

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199

AS 26

answered on 31-Oct-23 17:13

If am creating a brand .. and I have contracted players who will only use their skills for me not for others.. then can I capitalise it as my intangible assets. If I can then what is the category that I should classify it.

latest answer

Say you have an IPL team where players in IPL window will only play for you. then the contractual amount can be called Intangible Asset.

HariPriya C

CA Final

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As 2

answered on 31-Oct-23 10:31

I dont understand why there is 900 because in finished product its given as 800 only then y they took 900 is the answer wrong?

latest answer

Thanks

Ramya Navanitham

CA Final

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247

Cfs

answered on 29-Oct-23 20:11

How the share holding ℅ will increase if the bonus share given

latest answer

Thank you so much sir

Sai sruthi

CA Inter

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226

Incomplete Records Practical Ques 6 Cash and Bank Balance

answered on 29-Oct-23 19:32

Incomplete records practicle Q 6 - cash & bank ac ka opening balance kis basis pe apportionate kiya he?

latest answer

Closing balance of cash & bank 12000 Closing balance of cash 2000 (given) Closing balance of bank 10,000. opening balance of bank will come as balancing figure(2500). Now you can solve

Pooja Chavan

CA Inter

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5

229

Loss of stock

answered on 30-Oct-23 13:41

A fire occurred on 1st October, 2007 in the premises of X & Co. From the following, calculate the amount of claim: Stock at cost on 1.1.2006 Stock at cost on 1.1.2007 Purchases during 2006 90,000 Purchases from 1.1.2007 to 30.9.2007 70,000 4.00,000 Sales during 2006 Sales from 1.1.2007 to 30.9.2007 8,80,000 You are informed that: a) In 2007 the cost of purchases has risen by 20% over the levels prevailing in 2006. b) In 2007 the selling prices have gone up by 10% over the levels prevailing in 2006. c) Salvaged stock is Rs 5,000.

latest answer

Question does not look complete. Pls share image from the book/notes.

Sowmiga Chandrasekaran

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