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AS 11

Accountancy

answered on 27-Aug-24 13:16

Can anyone send solution of this problem?

latest answer

Thanks, it is clear now

Mainak Chakraborty

Mainak Chakraborty

CA Inter

0

3

229

IND AS 19- Illustration 8

Financial Reporting

answered on 24-Aug-24 16:40

Bonus accrued in Current FY was paid in subsequent year, So the bonus accrued in Current year was only for 329 employees not for 21 employees as they will resign in next year. Amount of bonus for 20X1-20X2 (CY) paid in June 20X2 represents Rs .1,25,000 per employee. The Provision for Bonus accrued for20X1-20X2(CY) has to be (329 x 1,25,000=4,11,25,000). The Bonus rate increased by 8.5% for 20X2-20X3 which means the 8.5% will be applicable for employees work for the whole FY of (20X2-20X3). Doubt: Why the Bonus amount per employee for 20X1-20X2(CY) Increased by 8.5%, where in the question it has been clearly given that 8.5% increment was pertain to employees work for next FY 20X2-20X3.

latest answer

Doubt Clarified .

Shinisha  Rose R

Shinisha Rose R

CA Final

5K+

1

215

Quorum

Corporate & Other Laws

answered on 24-Aug-24 15:23

will the minimum quorum required in adjourned meeting will be the same if the meeting was adjourned due to other reason (like documents were not prepared but the required conditions of quorum were met )

latest answer

Understood; Thank you mam

Nagachaitanya Nomula

Nagachaitanya Nomula

CA Final

8K+

2

184

Uniform call of share of specific class

Corporate & Other Laws

answered on 24-Aug-24 11:48

Diff amount paid up means diff class of share In illustration qsn Since shareholder paid diff amount hence belong to 1 separate class ? And since diff class so can make uniform calls ? Then why is call made invalid ?

latest answer

From the details in the question we cannot tell if there are other shareholders having same paid up on the shares or not. Its possible that there are other also who have not paid the third call. So all such shareholders should be called to pay the full value of shares as per law. Only he cannot be asked to pay.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

229

Security Valuation

AFM

answered on 23-Aug-24 20:35

Sir, Is the contents in your videos for Security valuation as per old SFM syllabus. Since I checked my TB and found this a small chapter

latest answer

In almost all chapters, I have more questions than what are there in SM. I have covered RTPs, MTPS, Past Papers, Practice Manual, SM and some from CFA Institute and elsewhere also. That is how we got to 600+ questions & Answers :)

R M

R M

ACCA Professional

4K+

3

225

Sh certificate sign

Corporate & Other Laws

answered on 23-Aug-24 13:52

Share certificate can be signed by 2 Director Even if both are not MD or WTD Wrt pt2

latest answer

Yes

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

195

Salary

Direct Taxation

answered on 26-Aug-24 21:34

How to do the last point ( housing loan) . method?

latest answer

First one is 5,88,000 *4% *1/12. Accordingly, compute for all the months.

Lucky Ten

Lucky Ten

CA Inter

0

4

273

Fema

Corporate & Other Laws

answered on 27-Aug-24 11:47

Mam, Receiving gift from Non resident relative is current account Transaction mam?

latest answer

Okay mam.. Doubt clarified Thank you so much

Harshavardini K B

Harshavardini K B

CA Inter

6K+

5

366

Exemption

Indirect Taxation

answered on 25-Sep-24 13:39

₹2000 for single transaction card payment exempt Mobile ₹2500, 2000 card, 500 cash = will ₹2000 be exempt ? Table ₹1500 payment card exempt

latest answer

If the transaction through card is upto 2000 then only it is exempt.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

5

276

Hiller's Model

AFM

answered on 23-Aug-24 08:30

Sir, 1.Is it mandatory to write the formula in exam since in question it is not asked specifically ? 2. In the formula , It looks like it's been multiplied the variance and discounting rate but we dividing , I am understood the dividing part by the previous videos but i didn't quite get the formula part Sir

latest answer

Thank you Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

2

271