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Shortlist of questions for practice
Financial Reporting
answered on 10-Sep-24 15:09
Hello Sir! I am a student who took your classes for FR earlier. I found the classes helpful. Thank you sir! I wrote my final exam last may and scored 44 marks in FR. I couldn't clear the exams. Now I am preparing for this November exams. I request you to suggest important questions in every topic. Some topics have over 50 questions. A pointer on important questions might helps us a lot!
latest answer
Thank you sir!
Deepika Kashyab
CA Final
★ 300
2
739
Hire purchase
Accountancy
answered on 11-Sep-24 15:17
How to solve hire purchase principal and interest value. when interest percentage is not given
latest answer
Step 1 - Compute difference between 1st and second instalment IN this case it is 5,000. Interest for year 1 = 5000*4 Interest for year 2 = 5000*3 Interest for Year 3 = 5000*2 Interest for Year 4 = 5000*1
Ramalaxmi K
CMA Inter
★ 250
3
473
Internal Reconstruction
Accountancy
answered on 10-Sep-24 19:31
Are we supposed to prepare capital reduction account while preparing balance sheet even when the question does not require the same specifically?
latest answer
Yess for sure!
Sagar Kathuria
CA Final
★ 3K+
4
685
Reduction of share capital
Corporate & Other Laws
answered on 12-Sep-24 17:45
With respect to subsection 7,could you please explain the term amount deemed to have been paid on shares with example...
latest answer
"Deemed" Means presumed amount paid on shares or we can say set off of the amount payable by shareholder. If shareholder has to pay 100 Rs. per share and lets say the company owes him 10 Rs, then he will only have to pay 90 Rs. per share to company. Rs. 10 will be adjusted against paid up. This is "Deemed paid up amount"
Nisha M
CA Final
★ 2K+
3
247
Doubt in Net Asset Value Calculation
Accountancy
answered on 11-Sep-24 15:33
Sir, Why is the 10% debentures not included in the liabilities while calculating Net Asset Value? If we subtract the debentures the Net Asset Value will be 8,10,000/- instead of 12,10,000/-. Please clarify.
latest answer
Thank you sir
Vidhya Anbu
CA Inter
★ 5K+
2
212
Total liabilities
Financial Management
answered on 11-Sep-24 15:48
Total liabilities means all items in the liabilities side of balance sheet right? Then why the solution for this is *total liabilities* means *other liabilities* in liabilities side of balance sheet
latest answer
Yes, total liabilities means all the items in the liabilities side of balance sheet only. But in this problem the terminology is wrongly used in the question and hence it is mentioned so. I have explained this clearly in the video.
anju B
CA Inter
★ 21K+
1
446
AS 11
Accountancy
answered on 11-Sep-24 19:08
Please xplain- wats happening on b/s date that long term finance (ii)
latest answer
Thank sir
vinodhene lakshmipathy
CA Final
★ 11K+
4
555
Journal entry
Accountancy
answered on 09-Sep-24 17:05
Plese send journal entries for the above question.
latest answer
Journal entries are available in Study Material itself. If you have any doubt, you can ask here.
Bhawana Yadav
CA Foundation
★ 0
1
440
General
Auditing
answered on 20-Sep-24 10:50
Is this Index PDF is available for reference.??
latest answer
Use this pic
R M
ACCA Professional
★ 4K+
3
249
The India contract act 1872
Corporate & Other Laws
answered on 10-Sep-24 17:04
What does it mean by 'application' In this case
latest answer
Application here means request for performance
Swania Shaji
CA Inter
★ 0
2
519