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Consolidation of financial statements

Accountancy

answered on 17-Jul-23 16:02

In the 19th video of the 19th chapter of adv. accounts "H co. acquired S on 30|09|18... an abnormal loss was ok date 1/07/18...it is a pre acquisitions adjustment but sir did it as a post acquisitions adjustment. What is correct ?

latest answer

The abnormal loss or gain are removed from the final post acquisition period to find out the normal profits.

Gourav Maniyar

Gourav Maniyar

CA Final

★ 205

1

556

CA final registration

Others

answered on 12-Jul-23 15:03

Sir I cleared CA inter in may 23. When should I register for CA final. Can I do it before articleship

latest answer

Ok. Thank you

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

★ 6K+

2

440

Capital maintenance

Accountancy

answered on 12-Jul-23 12:57

How is Rs.14400 computed? I have attached the SS of Qus

latest answer

Here current purchasing power is to be taken ie, Rs 3. So opening value 12000 is indexed at 125 with a unit price of rs2.we need to convert to the actuals of current year. =12000/125*100 gives the actual spent @rs 2. We nned to value it at rs3 because it is what we actually spent =9600/2*3=14400 will be the openning.

CYNOPHILE S

CYNOPHILE S

CA Inter

★ 925

2

594

Self paced modules

Others

answered on 12-Jul-23 13:21

Sir, I have already registered for articleship in last year....I have completed both ca inter groups...not yet registered for ca final...my final attempt due in nov 2024....am i exempted for self paced online modules c and d?

latest answer

Yes

Star Ca

Star Ca

CA Inter

★ 3K+

2

505

General doubt

Accountancy

answered on 12-Jul-23 22:56

Kya module ko read karna bhi jaruri hai ya illustrations and practical questions Enough hai

latest answer

No worries ❤️

Ab Devliear

Ab Devliear

CA Foundation

★ 3K+

5

787

Economic law

Electives - Final

answered on 17-Jul-23 15:45

Sir/madam, Please advise as to where we can buy case study digest. Or whether we are required to take its print out for carrying to exam hall,since its has more than 500 pages. Pls advisebis it acailable to purchase as it is not seen in cds portal

latest answer

You can check in CDS portal

Sajan Gangadharan

Sajan Gangadharan

CA Final

★ 9K+

1

488

capital gain Sec 54

Direct Taxation

answered on 13-Jul-23 10:04

if ₹50lac is deposited in capital deposit a/c and ₹70lac house is purchased then why exemption can't b claimed on ₹70lac ? if this ws done without a capital deposit ac and within 3yr construction is done of ₹70lac, then ₹70lac full exemption given

latest answer

👍

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

3

543

Security Analysis - Technical analysis

AFM

answered on 13-Jul-23 10:13

Dow theory states that if the cyclical swings of the stock market averages are successively higher and the successive lows are higher , then the market trend is up and a bullish market exists. Contrarily , if the successive highs and successive lows are lower, then the direction of the market is down and a bearish market exists. what does this mean ?

latest answer

Not even opened a demat account 🤣🤣🤣 Currently I'm only reading books like "One upon wall street" and "Intelligent Investor".

SAI CHANDANA KONKA

SAI CHANDANA KONKA

CA Final

★ 6K+

5

562

Chapter wise Weightage of law

Corporate & Other Laws

answered on 11-Jul-23 22:32

Which are the A category chapter in law intermediate

latest answer

You're always welcome!

Atharv Sankliya

Atharv Sankliya

CA Final

★ 3K+

9

1K+

Salaries - Perquisites - Superannuation Fund

Direct Taxation

answered on 12-Jul-23 11:33

Amount in excess of 1,50,000 contributed by the Employer into the superannuation fund. Is it taxable as perquisite?

latest answer

Sec 80C

Girinath A

Girinath A

CA Inter

★ 765

4

711