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Bonus issue rights issue doubt practical case study
Accountancy
answered on 22-Feb-23 19:02
In this practical problem rupees 15000 how it will come??? General reserve value..... Please explain
latest answer
Total Share Capital = 400,000 Bonus Issue = 400,000*1/4 = 100,000 Bonus issue to be made in Following order :- i.) CRR - Rs 55000 ii.) Securities Premium - 30,000 iii.) General Reserves. - RS 15,000 ( balancing Figure )
MPR Sanjay Kumar
CA Inter
★ 530
4
616
Capital gain
Direct Taxation
answered on 22-Feb-23 19:08
Doubt:In this question depreciation should be calculated as op wdv=8.5 lakhs*15% and new purchase 8.5lakh *7.5% right... But they done as 6lkh *7.5%
latest answer
Okok tq sir
Prasanna Ram
CA Inter
★ 0
7
521
Capital gain
Direct Taxation
answered on 24-Feb-23 09:49
I had a doubt on FVC calculation on slup sale for slup sale we should take total consideration but here it is taken as FMV value 30 lakhs
latest answer
Okk tq much
Prasanna Ram
CA Inter
★ 0
6
523
Cash flow statement
Others
answered on 22-Feb-23 14:25
Dividend paid is given in additional information... How should i account it... In some answers they have added to net profit in some answers they didn't add it to net profit in operating activities... Which is correct approach...
latest answer
Thanks a lot sir
Mugilan S
CMA Inter
★ 0
3
491
Audit of Banks
Auditing
answered on 22-Feb-23 11:53
What do they mean by "declaration of indebtedness" to be obtained by the bank? Is it still applicable?
latest answer
I see. In the context of auditing, it is common for banks to obtain a declaration of indebtedness from their borrowers before appointing a statutory central/branch auditor. The reason for this is to assess the potential risk associated with the borrower's indebtedness and to ensure that the auditor appointed has the necessary expertise to provide an informed opinion on the borrower's financial statements.
Sarthak Aggarwal
CA Final
★ 9K+
3
1K+
Rights Issue
Accountancy
answered on 22-Feb-23 12:36
Is the Solution correct ? Practical Questions Question 6
latest answer
Welcome:)
THARAKESH M
CA Inter
★ 34K+
3
507
Ind AS 116
Financial Reporting
answered on 22-Feb-23 09:19
In illustration 30, why the entry of transfer of Interest expense and Depreciation to Profit and Loss account every year is not accounted for?
latest answer
Still there is no harm in passing those entries.
Himanshu Somani
CA Final
★ 97K+
2
518
Rebate
Direct Taxation
answered on 21-Feb-23 22:31
Here the Income is 480000 but why the the tax is calculated at 20% rate ?
latest answer
Thanks for giving the answer
Snehashis Mohanty
CA Inter
★ 35
4
493
incomplete record
Accountancy
answered on 22-Feb-23 09:51
goods costing rs900 used as advertising material why purchase account is credited and not inventory account
latest answer
thank you
Sushmita Chowdhury
CA Inter
★ 2K+
7
459
Class
Exams
answered on 22-Feb-23 09:27
When it is advisable to start class for may / nov 2025 attempt for ca fin@l? Which subject is preferable to start, Can anyone guide me
latest answer
Thank you so much sir
Sathiya Bama
CA Final
★ 24K+
7
544