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Amalgamation of companies

Accountancy

answered on 22-Mar-23 00:13

How for paying liquidation expenses of 2 companies , in the books of transferee company getting this 3rd Journal entry . Capital reserve A/c Dr to Goodwill A/c

latest answer

Yeah, thank you very much,

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

3

535

CMA US

Others

answered on 21-Mar-23 07:57

Is graduation required for CMA US?

latest answer

Yes for membership

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

531

CFA

CFA

answered on 21-Mar-23 09:31

What is the eligibility criteria for CFA?

latest answer

https://www.indigolearn.com/cfa

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

611

Pass certificate

Others

answered on 22-Mar-23 15:54

I cleared my CA inter in Nov 22 and received statement of marks after 45 days from the date of result. Will I receive pass certificate too? If yes then after how many days will i receive?

latest answer

Ok sir thank you.

Naveen Kumar S

Naveen Kumar S

CA Inter

1K+

2

531

Cross utilisation

Indirect Taxation

answered on 21-Mar-23 12:33

In below mentioned picture note 1 and 2 is correct?

latest answer

Yes. It is right but the balance in one head can be transferred to another head by filing Form GST PMT 09.

Madhu Reddy

Madhu Reddy

CA Inter

4K+

2

501

Cost sheet

Costing

answered on 21-Mar-23 10:33

How to know whether the given item is direct expenses or factory overhead ?i am keeping on getting confused under which head I should post it to.any tips for differentiating between those two

latest answer

That indirect expense is overhead for which we can use the formula given in SM

Gokul Nath

Gokul Nath

CA Inter

605

7

728

Why dividend is recognized at gross amount

Direct Taxation

answered on 22-Mar-23 13:38

Why dividend is recognised at gross amount without deducting tds?please help

latest answer

Income will always be reported at Gross values.

Anirudh gupta

Anirudh gupta

CA Inter

27K+

7

609

AS 12

Accountancy

answered on 22-Mar-23 15:27

Explain point (i)

latest answer

Sometimes the government may compensate entities when price changes. For e.g crude oil related subsidy. Such are not covered. You are at revision stage and hence focus should not be into too much of details.

Sugam SM

Sugam SM

CA Final

9K+

1

424

Payback method, Profitability Index

Financial Management

answered on 22-Mar-23 00:32

Sir i wanted to know whether my answer is correct for the below question and whether the explanation provided by me is sufficient from exam point of view

latest answer

Sorry you wrongly calculated the Payback Period. Everything else is correct and the conclusion is also correct.

Venkateshwara Prabhu

Venkateshwara Prabhu

CA Inter

16K+

2

705

AS 11

Accountancy

answered on 20-Mar-23 22:01

Why this is disclosed separately? Closing stock and dep

latest answer

Yeah its an additional info

Sugam SM

Sugam SM

CA Final

9K+

2

434