Forums
NBFC Investments
Accountancy
answered on 22-Jun-21 06:03
What could be called as investments when its a co- operative bank or similar bank and how to classify assets and investments when it comes to banking companies?
latest answer
If they take loan from banks on security of their assets.
raju raju
CA Inter
★ 240
3
670
NBFC
Corporate & Other Laws
answered on 19-Jun-21 22:21
Are NBFC s severally liable? Like credit facilitating companies not investment banks
latest answer
NBFC's are companies - a company form of organization liability is limited to share capital if that share capital has been paid to company - share holders are no longer liable for anything
raju raju
CA Inter
★ 240
5
649
My Courses
Others
answered on 19-Jun-21 12:09
Sir you are saying that the may 21 courses will expire today but in "my courses section" classes are showing that 11days are remaining
latest answer
Ok sir thanks
siva chaitanya
CA Final
★ 13K+
2
624
Value index
Maths & Stats
answered on 19-Jun-21 11:03
How to solve this sum?
latest answer
If base year i.e. 1990 values are PQ. Values in 2000 become 1.6P x 0.7 Q = 1.12PQ. Now increase of 0.12PQ is 12% increase
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
822
EIS Chapter 1
Information Systems
answered on 23-Jun-21 09:30
Is data flow diagram topic not in syllabus? As sir said you don't have study that...
latest answer
Okk ma'am thanku
Himanshu Somani
CA Final
★ 97K+
7
654
AS 10
Accountancy
answered on 20-Jun-21 02:24
In the attached page of text book, two techniques of revaluation are given..... May I know the video in which you taught about the attached page....? Please reply as soon as possible..... I am in terrible confused state
latest answer
Technique one Asset is stated a gross value and depreciation derived as an adjustment to revalued amount and carrying amount of asset Text book example Asset carrying amount -1000 Asset gross value 2500 Revalued amount =1500 Revised depreciation = 1000(2500-1500) Technique 2 Depreciation is eliminated and asset is shown at revalued amount Example Carrying amount -1000 Accumulated depreciation- 400 Revalued amount 1500 So first depreciation will be eliminated by deducting the value of asset Provision for depreciation a/c Dr 400 To asset a/c 400 Then the asset would carried at revalued amount by creding to revaluation surplus Asset a/c Dr 900 To revaluation surplus 900
ALDRIN G
CA Inter
★ 12K+
3
654
Pre and post incorporation profit or loss
Accountancy
answered on 19-Jun-21 11:14
In this can we apportion bad debts as follows Recovered 36000 for sale made in june year 1 so adding to baddebt as exclusively for pre incorporation and remaining 33000 allocating in the pre and post in sales ratio. CAN WE APPORTION LIKETHIS .In book they added 36000 with existing 33000 and entirely (69000)apportioned in sales ratio
latest answer
Ok sir.
S.P. RAYAN
CA Inter
★ 3K+
3
729
Sec 47
Corporate & Other Laws
answered on 19-Jun-21 11:19
Voting rights exempt to Pvt co??
latest answer
Section 47 is applicabe to private copany subject to its AoA. So, if AoA says section 47, not applicable, it will mention how are voting rights between members and that shall be followed.
Aswini Gorige
CA Inter
★ 7K+
1
617
CARO
Auditing
answered on 19-Jun-21 06:31
Which CARO is applicable for upcoming exams 2016 or 2020????
latest answer
As of now CARO 2020 - lets wait for ICAI official announcement if any
Triveni Patil
CA Inter
★ 290
6
641
NBFC
Accountancy
answered on 21-Jun-21 08:49
Sir whether an asset overdue for 4months is a standard or sub standard?
latest answer
As per the direction given by RBI, if it is exactly 3 months also, it becomes NPA and slips to sub standard. You can quote the same in the exam and consider it as sub standard.
manideep martha
CA Final
★ 10K+
16
830