Forums
Consolidation
Accountancy
answered on 26-Oct-22 11:28
Here interest â?¹400 is inter company balance which is to be eliminated right? They have eliminated but have also added â?¹400 in reserves and surplus ( profit and loss A/c) of holding company in consolidated balance sheet as qccrued interest.... Why?
latest answer
Since it is not yet accounted, there is not need for any further adjustment.
parvesh s
CA Final
★ 2K+
5
491
BCR
Others
answered on 25-Oct-22 13:26
In Functional format of Resume writing should we give only the recent educational qualifications and not detail educational qualifications which we give in Chronological format ?
latest answer
Thank you mam
Ardhendu Sekhar Acharya
CMA Inter
★ 250
5
514
BCR
Others
answered on 23-Oct-22 23:08
In BCR do we get theory questions like from the Chapter on Resume Writing will we get questions like What is a Resume or What is SWOT Analysis or Define SWOT like this ?
latest answer
Thank you
Ardhendu Sekhar Acharya
CMA Inter
★ 250
11
435
Disqualification of auditor
Auditing
answered on 25-Oct-22 12:00
The auditor himself or is partner or is relative doesn't not hold any security in the company or group of companies But exception to this rule is relative can hold up to the one lakh of face value of security or interest Here my doubt is that one lakh limit is for all the relatives or for each relative?
latest answer
Individual relative Sec 141(3)(d) refers to singular - it states a person who, or his relative or partnerâ?? (i) is holding any security of or interest in the company or its subsidiary, or of its holding or associate company or a subsidiary of such holding company: Provided that the relative may hold security or interest in the company of face value not exceeding one thousand rupees or such sum as may be prescribed;
Kuruguntla Saipraveen Reddy
CA Inter
★ 5
3
736
AS 5
Accountancy
answered on 26-Oct-22 09:17
Sir, this is May 18 RTP Question. They have mentioned that the sale of land is an extraordinary item. Is it an extraordinary item or an ordinary item of exceptional nature? In the lecture, Sir mentioned it as an ordinary item of exceptional nature.
latest answer
Thank you
Dhivyaa Latha
CA Inter
★ 4K+
7
877
Negoitable Instrument Act
Corporate & Other Laws
answered on 24-Oct-22 18:00
Is this Valid or Invalid promissory note. Since there must be express promise to pay mean the word 'promise' should be there. Am i right?
latest answer
Acknowledgment of the promise. Of merely the amount is not sufficient
R M
ACCA Professional
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3
571
Working Capital Management
Financial Management
answered on 24-Oct-22 12:25
Whether to use Cost of sales or sales for calculatings debtors when both information is given ? Here both prices are available but taken sales price for calculations
latest answer
Yeah sir, that's why u take into account whatever is the requirement of students and provide for the same. Thanks for the support
Logesh Warran
CA Final
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8
523
Mtp
Financial Management
answered on 23-Oct-22 14:56
Calculate interest and eps for below prblm (b)
latest answer
what is your doubt?
Lakki Kamu
CA Final
★ 4K+
1
516
Divided
Financial Management
answered on 23-Oct-22 14:59
Why discounting factor of 4th year is used for 5th year also ( i.e constant and infinite growth from 5th year) ?
latest answer
For infinite growth, you first compute PV as at beginning of 5th year. And then discount it back by 4 years.
Logesh Warran
CA Final
★ 4K+
1
507
Divided
Financial Management
answered on 23-Oct-22 15:01
Why discounting factor of 4th year is used for 5th year also ( i.e constant and infinite growth from 5th year) ?
latest answer
For infinite growth, you first compute PV as at beginning of 5th year. And then discount it back by 4 years.
Logesh Warran
CA Final
★ 4K+
2
431