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Accountancy

answered on 22-Apr-22 19:52

Net assets and capital mean the same right. Here, in this MCQ below, option c could also be correct. Right?

latest answer

There is no standard definition of some financial ratios. If you consider net assets as total assets - outside liabilities, then net assets = capital.

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

497

Depository

Corporate & Other Laws

answered on 21-Apr-22 11:41

Who are depository participants...?

latest answer

Who hold account with depositories. E.g HDFC securities

Divya K

Divya K

CA Inter

885

1

390

LAW - Incorporation

Corporate & Other Laws

answered on 22-Apr-22 12:30

What is the difference between point iii and iv

latest answer

Ok thank you mam

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

5

443

Insurance Claims

Accountancy

answered on 21-Apr-22 11:17

Good Morning Sir/Madam , In the "Accounting - CA INTERMEDIATE Group 1( Without AS ) - Chapter 9. Insurance Claims - Module No. 5 named "Illustration 4" , In the question it is mentioned that "Cost of salvaged being Rs11,200...." , From What I understood , "Cost of salvaged" means it doesn't include the profit portion . While the "Stock on the date of fire" includes the profit portion. So shouldn't we reduce the profit portion from the stock on date of fire , before reducing the salvaged value to compute the "Loss of stock due to fire ? (or) The "Cost of salvaged Rs11,200" simply means the amount Realized from the Disposal of the damaged goods ? Kindly Clarify.

latest answer

Thank you Sir

Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

6K+

2

399

Preference shares. (55)

Corporate & Other Laws

answered on 22-Apr-22 11:06

pls elaborate the paragraph (vii) , every line seems to be same...!!! Give me clear explanation in few words

latest answer

Premium for redemption of PSC for companies for whom AS compulsory u/s 133 - Securities premium cannot be used and only general reserve and P&L balance can be used for CRR Premium for redemption of PSC which are issued on before Companies Act 2013 - Securities premium can be used along with general reserve and P&L balance

Divya K

Divya K

CA Inter

885

1

542

Payment of tax

Indirect Taxation

answered on 21-Apr-22 09:00

Non-applicability of OTC payment limit on deposits 1. payment by government department 2. Proper officer initiates recovery proceedings 3. collect amount by way of cash/ cheque/ DD during any investigation/ search/ activity being done Doubt: what is the difference between 2nd and 3rd point?

latest answer

thank you

Girinath A

Girinath A

CA Inter

765

2

530

Demand supply

Economics

answered on 26-Apr-22 19:40

Please explain this question and answer

latest answer

my pleasure sister :)

Sejal Shivani

Sejal Shivani

CA Foundation

5K+

3

435

Standard costing

Costing

answered on 21-Apr-22 09:31

How actual cost of 795 items of A become 4.25 and sometimes of b become 3.5 here

latest answer

Ok clear thanq

Fathima _

Fathima _

CA Inter

2K+

4

485

When opc ceases to be opc in case of paid up share capital

Corporate & Other Laws

answered on 21-Apr-22 08:52

One person's company

latest answer

No such limit anymore Rule 6 of Incorporation Rule has been amended w.e.f April 2021 and the earlier provision of "OPC shall cease to be OPC when either the paid up share capital exceeds Rs. 50 lakhs or its average annual turnover during the relevant period exceeds Rs. 2 crores and within 6 months of such date, it shall either convert OPC into Private Company with 2 members and 2 directors or Public Company with 3 directors and 7 members." has been substituted with "The One Person company shall alter its memorandum and articles by passing a resolution in accordance with sub-section (3) of section 122 of the Act to give effect to the conversion and to make necessary changes incidental thereto."

SHARMA MUKESH

SHARMA MUKESH

CA Inter

11K+

1

472

Corporate Level strategies

Strategic Management

answered on 22-Apr-22 11:25

In growth and expansion strategy, under internal growth strategy, what is difference between horizontal integrated diversification and Concentrix diversification

latest answer

The concentric strategy is used when a firm wants to increase its products portfolio to include like products produced within the same company, the horizontal strategy is used when the company wants to produce new products in a similar market

Jeevario 97

Jeevario 97

CA Final

1K+

1

507