powered by logo

Forums

Amalgamation

Accountancy

answered on 17-Apr-22 14:28

For example A ltd absorbs b ltd In additional info : some revaluation amount given for assets liability of both compny Nd Question not mentions anything else So In b/s of A ltd Values of A ltd will shown at BV or FV ?

latest answer

Always welcome

Priyanka Agrawal

Priyanka Agrawal

CA Inter

3K+

3

486

Service costing

Costing

answered on 25-Apr-22 12:43

In the below prblm for how many buses the operation expenses will apportion for 18 buses or 20 buses Along with reason

latest answer

Tq mam

Lakki Kamu

Lakki Kamu

CA Final

4K+

5

466

Branch accounts

Accountancy

answered on 17-Apr-22 07:35

In the question attached, opening stock, transfer from H.O. and closing stock are at invoice price whereas it is mentioned at the top of the image that these items should be at cost. Pls clarify.

latest answer

Ok thanks!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

569

Doubt

Accountancy

answered on 18-Apr-22 08:44

When dividend is declared for 31/3/2019 will bonus shares issued on September of 2019 be entitled to dividend ??

latest answer

Please share your answer.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

6

491

CSR policy

Corporate & Other Laws

answered on 18-Apr-22 09:30

Can someone give me the solution of this question relating to CSR policy

latest answer

Please try solving giving the provisions, we will correct if required.

M C PATIL

M C PATIL

CA Final

5K+

1

412

Assessment of individuals

Direct Taxation

answered on 18-Apr-22 09:50

Sir in this two problems i vant understand house rent allowance part .can anyone explain me this pls

latest answer

If taxable income is more than 500000 Then first 2,50,000 no tax, then next 2,50,000 tax @ 5% ie. Rs.12,500

sriram kannan

sriram kannan

CFA L1

0

5

495

Audit sampling,factors effecting sample size for tests of details.

Auditing

answered on 18-Apr-22 13:13

What does it mean?give an example.

latest answer

Auditors usually perform substantive analytical procedures by building their expectations and compare them to the clientâ??s record. For example, interest expense of borrowings is multiplied by the average outstanding balance of borrowings with the average interest rate. If it is not significantly different from the clientâ??s record, further test can come down. Tests of details are the audit procedures that auditors perform to test various audit assertions of significant account balances, classes of transactions, and disclosures of the clientâ??s financial statements. For example, test of detail on expenses - vouching expense transactions to supporting documents, such as loan agreement, and receipts, to ensure the occurrence assertion. So if the audit evidence from any of them is sufficient / adequate, the auditor need not do more of sampling

Anusha narayana

Anusha narayana

CA Inter

2K+

1

987

Sec 144

Auditing

answered on 18-Apr-22 13:08

Sir this applies to internal auditor also or only for external auditor

latest answer

Ok mam

Pandusml V

Pandusml V

CA Final

4K+

2

408

Repossession

Accountancy

answered on 16-Apr-22 17:43

In the question, they gave that the vendor took the 2 tempos against the amount due Why did we again pay him the amount of 41638 to him for the 3rd instalment for one tempo left with us

latest answer

Thanks for sharing sir

mani charan

mani charan

CA Final

3K+

2

449

Tax

Direct Taxation

answered on 18-Apr-22 10:07

1 st question 4th but calculation is not getting ... Can I get the calculation...

latest answer

Please post complete workings

DOKARA Sravani

DOKARA Sravani

CA Final

10K+

3

762