Cash flow statement

answered on 15-Mar-25 21:29

In this question, if the name is given as Zen ltd(company), can we consider the entire increase in share capital account of 224000 as issue of shares?

latest answer

okay Sir

Nisha M

CA Inter

★ 2K+

2

72

Bank cash book

answered on 11-Mar-25 08:43

IA 1. From the following particulars, prepare a Bank Reconciliation Statement. a. Debit balance as per cash book Rs.15,000 b. Three cheques of Rs. 1,500, Rs.2,500 and 3,000 were issued but not presented for payment C A cheque of Rs.2,000 paid into the bank for collection, but not collected by the bank d. Bank charges debited in pass book but not recorded in cash bank of Rs.1,000 e Interest collected and credited by the bank but not entered in cash book of Rs.1,500

latest answer

What is your doubt in the question?

Puskar Ayer

Qualified CA

★ 0

1

91

Cash flow Statement

answered on 11-Mar-25 10:46

Sir, can we treat 'loss on sale of P&M' as a non cash item instead of treating it as an investment related activity for adding back it to Net Profit

latest answer

Okay Sir

Nisha M

CA Inter

★ 2K+

2

53

Buyback

answered on 10-Mar-25 10:12

In this illustration, why only 300 transferred to crr???.when 500 shares bought back

latest answer

Thank you sii

Sai Prasanna Ch

CA Inter

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2

60

Equity share capital (Balance sheet)

answered on 11-Mar-25 10:04

In the notes to accounts , can you please explain how the equity share capital amount was calculated ?

latest answer

Please look at WN 2 in the solution there will be 4,20,000 valued of equity shares. So the total shares are 1,00,000 of hari Ltd and 4,20,000/10.5 = 40,000 of Vayu Ltd. 10.5 includes the premium of 0.5

Merlin Mathew

CA Inter

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1

79

Top Down Test Example

answered on 11-Mar-25 10:35

What is the difference between the Carrying amount of the smaller CGU and of the larger CGU? Is there a reason why the CA of the smaller CGU is given in the problem?

latest answer

First we check if can allocate goodwill to lowest, if yes then we allocate to smallest CGU and check for impairment This can be a trick to confuse you in the exams.

V V

CA Inter

★ 3K+

1

60

Need clarification of illustration 2 of RPT AS 2

answered on 03-Mar-25 20:12

Sir, Please explain the illustration 2 of RPT AS 2, Which i can't understand clearly.

latest answer

You can watch revisions of AS 2

kravel

CA Inter

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2

58

In Buy back Trade payable

answered on 03-Mar-25 07:31

"Trade payable is given under application of funds (less: Trade payables). It means trade receivable is also the same amount, so it has been written off????

latest answer

No , they are showing net amount under application of funds( i.e., assets - liabilities)in the question

kumaresan C

CA Inter

★ 345

1

80

Company accounts ca foundation

answered on 22-Feb-25 09:57

How many marks would icai deduct for not writing the narration for a 15 mark question

latest answer

2 marks

Swania Shaji

CA Foundation

★ 0

1

47

Opening bal

answered on 27-Feb-25 10:57

In this ill trade receivables opening balance only 200 but you put is as 250

latest answer

Thank you sir

Kanagaraj Selva

CA Inter

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2

76