Forums
Impairment of loss
Accountancy
answered on 16-Jan-24 13:07
Why can't you allocate goodwill to smaller CGU in illustration 2 in top down approach
latest answer
Because we cannot determine at smaller CGU>
Akshaya Devaraj
CA Final
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1
129
Capital Introduction asset or liability
Accountancy
answered on 16-Jan-24 13:07
How is it an asset?It is added to the capital which appears on liability know?
latest answer
One side Capital Other side Asset (Double entry)
Nayana Kowshik
CA Inter
★ 120
1
305
Asset
Accountancy
answered on 16-Jan-24 13:08
What if advance salary is paid on request to the employee when he is in the notice period to resign?How will that be recognized?
latest answer
If recoverable - Asset Other wise expense.
Nayana Kowshik
CA Inter
★ 120
1
327
Buyback
Accountancy
answered on 16-Jan-24 13:47
What is the meaning of this note
latest answer
you can use other free reserves or securities premium account.
Atharv Sankliya
CA Final
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1
303
Premium on redemption of preference share
Accountancy
answered on 16-Jan-24 13:50
Can we use securities premium for providing premium on redemption of preference share
latest answer
No
Atharv Sankliya
CA Final
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1
282
CFS
Accountancy
answered on 13-Jan-24 08:13
Why interest actually paid financing activity not added to net profit before tax?
latest answer
You need to share question as well. Go through this video https://www.youtube.com/watch?v=BCujphqmx64&ab_channel=1FINbyIndigoLearn-CA%2CCS%2CCMA
Ujwal Reddy
CA Inter
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2
338
AS16
Accountancy
answered on 16-Jan-24 13:54
Please specify reason for these answer
latest answer
When expenditure started.
Sushmita Chowdhury
CA Inter
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6
306
INDAS 38
Accountancy
answered on 20-Jan-24 08:32
When there is an expense which is incurred for development of intangible asset and for normal operations in business and such expense cannot be apportioned, then such expense should be capitalised into the cost of intangible asset or should be recognised in profit and loss account or we should follow company policy? can you please provide the provision in INDAS 38 regarding this doubt sir?
latest answer
You should make an estimate and alloacte.
siva chaitanya
CA Final
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1
317
ESOP and buy back
Accountancy
answered on 08-Jan-24 10:31
I didn't understand this highlighted point iv) about ESOP, what is it trying to say and what will be it's impact while buying back the shares?
latest answer
Those will become equity shares and will be used in calculation.
Garima Bhargava
CA Inter
★ 185
1
279
But back of shares
Accountancy
answered on 08-Jan-24 00:29
Can anyone plz explain the meaning of this highlighted point(point iii) How can company ask for funds(issue debentures)and invest in same funds (investments in its own debentures) at same time? How does it work/how is it logically possible to raise funds, ask for money and then investing in it itself? If company had money already (as it is investing) then it shouldn't ask for funds (shouldn't raise debentures)?
latest answer
It's a type of redemption, redemption by purchase through open market and it is not the same time when issued. When the company has used the fund and it's time to redeem the debentures they purchase it from open market and cancel it's own debentures after specific period (after passing board resolution). Till the time it is cancelled, it is shown as Investment in own debentures
Garima Bhargava
CA Inter
★ 185
1
263