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Debt equity ratio test( buy back of shares)

Accountancy

answered on 14-Mar-22 17:45

Is unpaid didvidend, current liabilities are debt?

latest answer

Thanks

Subash Chandrabose

Subash Chandrabose

CA Final

32K+

6

638

Books

Exams

answered on 13-Mar-22 10:40

Can I refer MAY 2021 CA Inter books for Nov 2022 attempt? For Tax can it be referred , will their be more changes?

latest answer

You can but please note you have to prepare for amendments in Law, GST, Income tax and new problems illustrations in Acc / Adv acc/ costing / FM / ECO & new concepts in EIS,

Swetha S

Swetha S

CA Inter

15K+

3

578

Stat audit?

Auditing

answered on 13-Mar-22 10:40

If any tax audit of company has been done .. we can say statutory audit has also been done??

latest answer

No. stat audit is aper companies act and tax audit is as per income tax act - both are diff

vasabattula abhinav

vasabattula abhinav

CA Final

85

1

474

Sections

Corporate & Other Laws

answered on 15-Mar-22 13:42

Is it necessary to write sections in exam?

latest answer

TQ u

Priyanka R

Priyanka R

CA Final

20K+

6

503

Basic

Financial Management

answered on 14-Mar-22 22:02

When we subtract Gross Profit from sales... What we get?? Cost of Goods Sold or Cost of Production?? I get confused in the two..

latest answer

Cost of goods sold

Ishika Goel 282

Ishika Goel 282

CA Final

3K+

6

548

Contingent Asset and Liab

Accountancy

answered on 04-Apr-22 18:28

Please explain the below in simple words A contingent liability needs to be disclosed in financial statements unless possibility of outflow of a resource embodying economic benefits is remote. I thought it should not be disclosed in FS but mentioned in notes.

latest answer

Contingent liability is never recognised in financial statements.

Ratnasri N

Ratnasri N

CA Foundation

0

7

931

Receivable management

Financial Management

answered on 12-Mar-22 22:13

In receivable management chapter In calculating cost of debtor is ROI taken at pre tax rate or after tax rate ??and why??

latest answer

Thanks sir

manoj kiran

manoj kiran

CA Final

820

4

570

Working Capital Mgt. Unit 1

Financial Management

answered on 13-Mar-22 12:52

Illustration 3 of ICAI Mat For calculating debtors, why cost of sales is taken? From my point of view, Debtors pay sales price. So, full sales amount should be taken rather than cost of sales.

latest answer

Cost of sales is considered because that is what the company has invested. Please note that both views are acceptable - sales as well as cost of sales. If however, cost of sales is available, we prefer that.

Ishika Goel 282

Ishika Goel 282

CA Final

3K+

1

482

issues

Others

answered on 12-Mar-22 22:47

how to overcome over-sleeping and mobile addiction

latest answer

Over sleeping is mostly a symptom of stressed body or mind. Mobile addiction is often a reason behind poor sleep quality which leads to over sleeping. There are multiple ways to reduce over sleeping. The fastest one is to keep your phone switched on/ with you only for 1 hour in a day. The rest of the time either keep it far away or switched off. Doing this for 2 weeks will automatically improve your sleep quality.

Vishal Pangam

Vishal Pangam

CA Inter

180

1

552

Deposit

Corporate & Other Laws

answered on 14-Mar-22 14:04

What is the meaning of this sentence? 1st paragraph

latest answer

Advance given in legal proceedings or is subject matter of some court i.e. a case is filed wirh regard to it

Sumita Shah

Sumita Shah

CA Inter

2K+

2

601