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answered on 01-Feb-21 11:40

Good afternoon sir I willing to purchase CA Foundation individual modules is this video of individual modules are updated as per Nov 2021 sir

latest answer

You can expect a delayed response on Sundays. It has been responded to.

sai t

sai t

CA Foundation

2K+

5

575

194 IA

Direct Taxation

answered on 05-Feb-21 10:06

Applicable to total amount or if two buyers of the property and exceeds Rs .50 lakhs sales value , two buyers need to deduct while making payment ?

latest answer

Ok,thank u mam

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

18

701

What is the reason why shares are issued at premium and not crank up the entire value to just face value?

Accountancy

answered on 31-Jan-21 10:34

For example why is it 100 + 20 premium and not just 120 face value?

latest answer

two reasons - a class of shares should have same face value. if you keep changing FV for every new issue - you will have to issue multiple classes - will be a nightmare to handle so many classes, identify their rights - Share premium can be used for several other purposes ( w/ o of discounts on debentures etc) without any major process but equity capital cannot be used to write off - reduction of capital is a painful process.

Kishore Anil

Kishore Anil

CFA L1

2K+

1

675

Unable to find 2 lesson

Accountancy

answered on 31-Jan-21 10:30

Sir pls help I am unable to find joint venture and royalty accounts chapters .can I know where this chapters are available.

latest answer

it is no longer in syllabus

Shreesha .T.u

Shreesha .T.u

CA Foundation

2K+

1

610

ANYBODY REPLY PLSð???ð???ð???ð???

Accountancy

answered on 01-Feb-21 08:11

Goods sent on approval ledger is opened in ledger book but why is it in format of journal?? Please reply

latest answer

Ok,i understood,thanks:)

Santosh pal

Santosh pal

CA Inter

820

7

584

Amalgamation

Accountancy

answered on 15-Feb-21 15:50

Sir if cash is not taken by purchasing company then can we consider it as Amalgamation in Nature of purchase.

latest answer

Inorder to incorporate the Statutory reserves,viz,Export profit reserve 200 &Investment allowance reserve 100,an equal debit is given to Amalgamation adjustment account.Here you did not provide the full problem so I can't say how 670 came.please show full question.

makthala venkateswarlu

makthala venkateswarlu

CA Foundation

510

4

693

Request

Others

answered on 30-Jan-21 23:56

Sir ...I want my query I mean. I didnt see my query which I was asked so many monthss ago evn In email also Plse request ....I want this feature in app...

latest answer

All your forum posts will be available under Profile -> My Forum Activity -> My Questions. Please ensure that you are on the latest version of the app 2.0.0

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

4

634

Query

Direct Taxation

answered on 31-Jan-21 10:35

When will u provide amendment materials and classes of income tax

latest answer

AY 21-22 is applicable for May & nov 21 - we will be adding notes for additional topics in this in next few days; other notes is for Jan 21 exam students - we will delete when exams end

Banda Veeresh

Banda Veeresh

CA Inter

35K+

5

681

Provision for Assets

Accountancy

answered on 30-Jan-21 10:53

If any changes are there for provisioning for std,sub std, doubtful & loss assets for Nov 2020 examination?

latest answer

Okay everthing cleared

Santhosh kv

Santhosh kv

CA Final

2K+

3

624

AS 7

Corporate & Other Laws

answered on 24-Feb-21 11:09

Sir , while preparing financials of a company , its doing construction business , we prepare financials based on AS 7 or preparing financials as due basis .

latest answer

Yes

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

13

710