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Redemption of Debentures

Accountancy

answered on 06-Oct-20 17:10

Sir , If Opening DRR is 1,00,000 and the preference shares going to redeem at the year end 2,00,000 . Then only 20,000 to be set apart in DRR know sir , What about remaining 80,000 What would be the treatment ?

latest answer

It is to be debentures and not preference shares. Balance not needed will be transferred to General Reserve.

M Naresh

M Naresh

CA Final

3K+

1

654

Joint products and by products

Costing

answered on 06-Oct-20 17:14

What is the difference between physical unit method and average unit cost method ?

latest answer

physical units - e.g based on Kgs. Avg cost is based on amount of cost.

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

647

Problem in asking doubts and replying in form tab

Others

answered on 06-Oct-20 17:11

Why I can't able ask ND reply for the doubts rised by me???

latest answer

You can ask.

baranitharan b

baranitharan b

CA Final

21K+

1

682

Sample Paper

Others

answered on 06-Oct-20 17:43

Sir plz provide articleship practical exam sample Paper level 2

latest answer

You can check at ICAI website.

POOJA JAIN

POOJA JAIN

CA Final

5

1

637

ROTATION APPLICABILITY

Auditing

answered on 05-Oct-20 15:40

Whether sec139(2) applicable to "UNLSITED" PRIVATE COMPANIES having paidup share capital 50 cr or more

latest answer

Yes.

Shravan Kumar

Shravan Kumar

CA Inter

25K+

1

696

Query regarding articleship leaves

Others

answered on 05-Oct-20 17:48

Subject : Query regarding articleship leaves Dear madam/sir I started my articleship from 30 Oct 2017 nd my articleship ended 29 Oct 2020 according to ICAI . In this period I have taken leaves around 300 till now due to some personal reasons. I want to know that leaves affect eligibility criteria for appearing in ca final or not .When I am eligible to appear in ca final nd what are the formalities which I have to do for extension of articleship . Please help me out . Thanks & Regards Pooja Jain

latest answer

Yes

POOJA JAIN

POOJA JAIN

CA Final

0

6

620

TRUST VS SOCIETY

Auditing

answered on 05-Oct-20 15:32

Between Trust and Society, In which form of entity income tax payable is less and amount of income tax refund is high?

latest answer

tq sir

Shravan Kumar

Shravan Kumar

CA Inter

25K+

2

648

NGO

Auditing

answered on 05-Oct-20 16:19

Can NGO be under Charitable institution and viceversa? help with examples please

latest answer

There is nothing specific to this.

Shravan Kumar

Shravan Kumar

CA Inter

25K+

5

608

Partnership Introduction

Accountancy

answered on 05-Oct-20 17:52

There is a video explaining the drawings drawn on different dates I didn t understand the logic Sir is saying. But based on before working of sum I understood like this Still I didnt understand how to calculate drawings taken at mid of every month. EXPLAIN like how I did in the image

latest answer

Okay.

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

6

762

Set off

Direct Taxation

answered on 06-Oct-20 17:39

In this question how is this presumption possible, it is already given that it is discontinued in p.y 2014 -2015 And it is iron ore business which is a specified business rite ? Carried forward is only possible for 4 years rite ? How is this carried forward possible and is this presumption rite ?

latest answer

Yes. The loss of discontinued business can be carried forward.

Swathi Krishna

Swathi Krishna

CA Final

8K+

3

721