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AMALGAMATION
Accountancy
answered on 06-Sep-22 13:04
Can anyone help me with how to calculate purchase consideration using intrinsic value method. Thanks in advance
latest answer
Thank you sir
theee k
CA Final
★ 435
2
574
Doubt
Costing
answered on 05-Sep-22 17:10
I dint understand why to determine earnings if an employee u deduct employees share of provident fund,but while determining employee cost for company u add both employees contributing and employers contribution to provident fund?
latest answer
It is to determine net take home (amount paid) for employee
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
389
Debt Equity Ratio test post buyback
Accountancy
answered on 05-Sep-22 17:16
Does CRR gets involved in Equity for calculation of debt equity test in Buyback of share ?
latest answer
I guess the answer got removed
Dhananjay Kapoor
CA Inter
★ 495
4
506
Happy Teacher's Day
Others
answered on 05-Sep-22 18:39
Happy Teacher's Day to all my teachers at IndigoLearn ��
latest answer
Wishing you joy and happiness, you are an amazing teacher, and you only deserve the best.Â
Lalit Sanpal
CA Final
★ 6K+
2
508
ITC Reversal or Not
Indirect Taxation
answered on 06-Sep-22 17:00
Raw material purchased, Produced and sold. GST E- Invoice made and Goods are send to buyers place in lorry. Lorry got fire accident before reach the buyer's place, all the goods are completely destroyed in fire (100%). In this situation as a seller can we take ITC credit for Raw material purchases?
latest answer
As per Section 17(5), it becomes blocked credits.
Ravikumar Pandi
CA Inter
★ 2K+
5
527
Sales of Goods Act
Corporate & Other Laws
answered on 05-Sep-22 15:55
What is the meaning of "dock warrant" "wharfingers' certificate" and "multimodal transport document" ?
latest answer
Welcome ð???
Ardhendu Sekhar Acharya
CMA Inter
★ 250
8
2K+
#28: Question for the day (Advanced Accounting - Inter)
Accountancy
answered on 13-Sep-22 14:35
Write the answer in a sheet as you would write in exam and send photo by 8pm. #LetsPractice RC Ltd. is showing an intangible asset at Rs. 72 lakhs as on 31-3-2022. This asset was acquired for Rs. 120 lakhs as on 01-04-2016 and the same was used from that date. The company has been following the policy of amortization of the intangible assets over a period of 15 years, on straight line basis. You are required to comment on the accounting treatment of asset with reference to AS 26 'Intangible Assets' and also give the necessary rectification journal entry in the books.
latest answer
The past year profits would be accumulated as retained earnings / reserves. Hence debited there.
Sahibdeep Singh
CA Inter
★ 14K+
5
968
Happy Teachers' Day
Others
answered on 05-Sep-22 20:36
Happy Teachers' Day to all the faculties of Indigolearn!
latest answer
finally We can only be grateful to have a teacher like you! Happy Teacher's Day to you! Sir
Viveka R
CA Inter
★ 3K+
6
544
CA scholarship
Others
answered on 05-Sep-22 19:50
Friends I am a direct entry student and pursuing Chartered Accountants intermediate course now can I eligible to get CA scholarship what is the procedure where I have to submit that could you please tell me
latest answer
Yes
MPR Sanjay Kumar
CA Inter
★ 530
24
1K+
doubt regarding costing paper
Costing
answered on 05-Sep-22 10:25
I had my ca inter exams last may and I got 58 in costing but overall I failed....kept costing valuation and they sent me the paper which had only 50 marks...now i'm confused...is my marks 50 or 58?
latest answer
ICAI added 8 marks to Everyone in Costing
Vamsi Chowdary
CA Final
★ 13K+
2
524