Forums
Dividend
Corporate & Other Laws
answered on 21-Apr-25 12:03
Company earned profit, can skip giving dividend to non cumulative pref shares ?
latest answer
pls elaborate your query.
Sushmita Chowdhury
CA Inter
★ 2K+
4
219
marginal costing
Costing
answered on 21-Apr-25 10:04
since the selling price is reduced to 44rs, wont there be a change in variable cost of 18rs to 17.6 rs sir? (iv of illustration 51 as per indigo study mat)]
latest answer
No, as the question doesn't specify anything regarding change in the variable cost as a % on sales.
Nandhini Sekar
CA Inter
★ 400
1
213
Case scenario -3 ICAI
AFM
answered on 20-Apr-25 12:24
Greetings sir! In the case scenario 3 bit (iii) they asked to give optimum strategy as per standard deviation , on SD the answer is option d but in answers they have given option b based on CV. Can you please give me clarification and which one we need to go in exams sir?
latest answer
I know i discussed this at minute 10 in the YT video on this https://youtu.be/m8YjMxwhDcA?si=JIASKa_QAxcxI46D
Priya Bhimani
CA Final
★ 8K+
1
183
Rectification of errors
Accountancy
answered on 23-Apr-25 11:08
What is the rectification entry
latest answer
If you have specific doubt, we can guide you.
M Pavan
CA Foundation
★ 290
4
200
As4
Accountancy
answered on 14-May-25 12:34
Dividend is non adjusting event and still how is it disclosed at notes on account I.e after balance sheet sign ?
latest answer
Final dividend comes into picture at AGM only. If AGM is delayed, then you may have to include in disclosures.
Sushmita Chowdhury
CA Inter
★ 2K+
7
222
Ind AS 16
Financial Reporting
answered on 21-Apr-25 11:55
Whether the residual value you have given to be considered at lats need not be considered while calculating depreciation in WDV method?
latest answer
Assume the cost of the asset is ₹1,00,000, the residual value is ₹10,000, and the useful life is 5 years. To compute the rate we use the formula RV = Cost x (1-r)^5. Solving this you get an approximate rate of 36.90% per annum.
Nawar Fathima AV
CA Final
★ 3K+
2
199
Annual general meeting
Corporate & Other Laws
answered on 20-Apr-25 20:47
The notice for the Annual General Meeting should be served by: (a) 6th August 2023 (b) 7th August 2023 (c) 8th August 2023 (d) 10th August 2023
latest answer
For an AGM scheduled on 1st September, we: Exclude 1st September (meeting day) Exclude the date of dispatch Exclude 2 extra days for deemed service (postal rule) Total days to count back = 21 (clear) + 1 (dispatch) + 2 (postal) = 24 days So, count 24 days back from 1st September: 1st September - 24 days = 8th August
Shimoni Shah
CA Inter
★ 0
1
249
Suspense account
Accountancy
answered on 21-Apr-25 11:59
When we don’t write the entry there is no effect in the trial balance the where did the suspense account come from?
latest answer
It is not that we have not passed the entry. We have passed the entry. But We have not take customer's account to trial balance. Hence the trial balance will not tally and we wil record in suspense account.
Rudransh Aheer
CA Foundation
★ 3K+
2
243
related to closing stock
Costing
answered on 21-Apr-25 10:11
in question its already given tht finished goods is 150000 , why are we assuming it to be 123000
latest answer
It will be the total production cost X closing stock / Total stock = 21,23,000 X 1230 units / 21230 units = 1,23,000
Rania D'souza
CA Inter
★ 650
1
167
Portfolio Risk
AFM
answered on 19-Apr-25 13:39
Sir, in question if they ask us to find the Portfolio Risk means, what are they asking us to find? Is it Variance or Standard deviation be it Sharpe Index model or other model? Also if they are asking us to find the risk of a particular security means should we stop with Variance or we need to find SD? Risk is Variance or SD ?
latest answer
Yes when they ask for systematic and unsystematic risk risk you have to compute variance When they say just risk compute variance and SD
Mohanbabu N
CA Final
★ 3K+
3
187