Forums
Bonus issue
Accountancy
answered on 02-Jul-21 18:40
Sir, Can bonus shares areeligible for dividend or not ?
latest answer
Bonus shares are eligible for dividend. It cannot be segregated whether shares owned are right issue or bonus shares at the time of payment of dividend
M Naresh
CA Final
★ 3K+
1
526
Bonus issue
Accountancy
answered on 02-Jul-21 21:58
Sir, Can bonus shares areeligible for dividend or not ?
latest answer
Generally eligible except mention
M Naresh
CA Final
★ 3K+
1
482
Bonus issue
Accountancy
answered on 02-Jul-21 19:00
Sir, Can bonus shares areeligible for dividend or not ?
latest answer
Thank you sir. Now I got clarity I haven't seen record date and thinking why dividend on bonus shares not given That's why I was confused . Thank you so much sir ...For making aware of Record date ..
M Naresh
CA Final
★ 3K+
3
473
Journal entry
Accountancy
answered on 03-Jul-21 11:16
Mohan in his business having â?¹50,00,000 in bank account. Now he is withdraw â?¹5,00,000 from bank account. What will be the journal record for this transaction and what will be tha narration of the transaction?
latest answer
Ok, thanks bro.
Vijay K
CA Inter
★ 9K+
7
902
Subsequent auditor - Government company
Corporate & Other Laws
answered on 02-Jul-21 22:04
Whether the tenure is for 1 year only?
latest answer
Thank you sir
Nivedha Balaji
CA Final
★ 9K+
2
628
Insurance claim
Accountancy
answered on 02-Jul-21 13:43
Gross profit on Sale generated from additional expenditure It means the sales occurred after date of fire?
latest answer
My pleasure . All the best ð???
Triveni Patil
CA Inter
★ 290
4
543
Contract of indemnity
Corporate & Other Laws
answered on 03-Oct-21 23:45
In the example for contract of indemnity given in study material, it is stated that if a tree on neighbouring property of Y blows over his fence and damages it, X will be liable for cost of fixing it. In view of the analysis of definition of contract of indemnity ( that loss occasioned by an accident conducted by a person or by an act of God/natural event is not covered under a contract of indemnity) , is the above example justifiable?
latest answer
This is just an example of the types of indemnity contracts that can be executed if the parties agree. The example says "X MAY AGREE to indemnify Y for any loss caused if tree blows over". Words used here are "May agree". Only if X agrees to such a contract beforehand, he shall be liable for such a loss caused. However, otherwise, it shall not be binding.
Rinuja TK
CA Inter
★ 10K+
2
862
Ineligibility of auditor 140(5)
Corporate & Other Laws
answered on 02-Jul-21 08:34
In case of a firm involved in fraud, will the partners be ineligible to be appointed as auditor in their individual capacity as well or the ineligibility is only of the firm?
latest answer
Partners involved will also become ineligible
Aman Mahajan
CA Final
★ 19K+
1
621
Rotation of auditor
Corporate & Other Laws
answered on 02-Jul-21 13:13
Point 4. What is this condition and what is the reason for it?
latest answer
Refer video 32 of Audit & Auditors chapter for explanation. Reason of this condition is to maintain independence & for division of work
Aman Mahajan
CA Final
★ 19K+
1
1K+
Term of auditor
Corporate & Other Laws
answered on 02-Jul-21 07:49
Point 3. Is the limit on total amount or individually on banks, financial institutions and public deposits?
latest answer
On aggregate amount
Aman Mahajan
CA Final
★ 19K+
1
579