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IND as 21
Financial Reporting
answered on 14-Apr-22 18:57
Can any one give me an example for the recognition of the exchange difference?
latest answer
Thank you sir
Chandu vadla
CA Final
★ 11K+
2
584
Grp 2
Exams
answered on 14-Apr-22 08:37
Any one has MTP RTP of may 19 onwards?
latest answer
https://www.indigolearn.com/resources
Sathiya Bama
CA Final
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2
575
Liquadation
Accountancy
answered on 16-Apr-22 17:40
Sir,can kindly explain calculation of liquidator remuneration and money contributed by equity shareholders I couldn't understand the working of icai
latest answer
Shortage of funds is 19,600. If you call 100 from shareholders , you need to pay 2 to liquidator. So net balance left would be 98. We need total of 19,600. For net balance of 98, 100 is called from shareholders For net balance of 19,600, how much? Cross multiply : 19,600 x 100 /98 = 20,000
Vysali Pasumarthy
CA Inter
★ 1K+
1
468
BCR
Corporate & Other Laws
answered on 14-Apr-22 09:37
WHAT is idioms can anyone explain me pls with laymans examole if any pls
latest answer
group of words which have a meaning other than literal meaning, Ex: "Butterflies in my stomach" Literal meaning - having butterflies in a human stomach Idiom meaning - To be nervous How to use in sentence - I had butterflies in my stomach before I went on stage to give a lecture.
Bala Chandar
CA Final
★ 5K+
3
534
Partnership accounts (Unrecorded liability )
Accountancy
answered on 15-Apr-22 17:41
What is treatment of Unrecorded liability taken over by purchasing firm and also explain the reason
latest answer
While calculating purchase consideration reduce it.
Vemula Mounika
CA Final
★ 2K+
1
442
Redemption of Debentures
Accountancy
answered on 14-Apr-22 17:14
In the question its said that the balance on 31/3/20X2 is Rs. 750000 Then why in the answer the balance on 31 -3 - X2 Taken as opening ? And why is the Debenture interest not recorded ?
latest answer
Opening balance means for that day before the transactions were carried out. You can make an assumption and record debenture interest paid as well. Other wise make an assumption (as ICAI has done) that debenture interest is already paid.
R M
ACCA Professional
★ 4K+
2
595
Company accounts
Accountancy
answered on 13-Apr-22 19:52
Sir while preparing p and l account is it compulsory to segregate expenses and post or we can post expenses as given in trial balance Eg like depriciation I mean should we provide classification in schedules or we can directly post to p and l
latest answer
Ok sir
Pandusml V
CA Final
★ 4K+
2
436
Redemption of debentures
Accountancy
answered on 15-Apr-22 17:38
Sir , How to know whether the question is asking about Cancellation of debentures by opening own debentures account or without opening own debentures account In question 1 they used the entries of opening own debentures account
latest answer
You can follow either method. Refer to the latest study material - https://resource.cdn.icai.org/66500bos53751-cp8.pdf
Subramanyam N
CA Inter
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2
626
Confirmation about calculator
Exams
answered on 13-Apr-22 19:10
Is this calculator allowed in CA exam.
latest answer
Ok, Thank you sir
Sakshi Rai
CA Inter
★ 20K+
2
624
Amalgamation of companies
Accountancy
answered on 14-Apr-22 17:20
Journal entry of debentures along with the amount in the books of purchasing company
latest answer
Please try on your own once. If any issue or specific doubt, we will help you out.
Vemula Mounika
CA Final
★ 2K+
1
416