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change in method
Accountancy
answered on 03-May-24 11:13
while changing to different method y we divide by useful year and not multiply by rate of depreciation
latest answer
You can calculate revised rate of depreciation.
Bharavi Kothari
CA Foundation
★ 20K+
2
278
Illustration 5 - query
Financial Reporting
answered on 29-Apr-24 19:35
sir in this sum the difference between Fair value of Liability and Equity is equity .i understood that is 40,000. it shall be expensed over the vesting period(restriction period ) of Equity shares know ( 3 years Given in question ) . why the equity portion 40,000 Rs spread over only 2 years of Cash equivalent Liability period ? why we should not consider for a period of 3 years ?
latest answer
Service requirement is 2 years. The 3 years is the period for which employees cannot sell shares.
M Naresh
CA Final
★ 3K+
1
349
When agreed value of consideration is intrinsic value (₹30 in this example) of Y ltd. But it shows it at Face value (₹10)
Accountancy
answered on 24-Apr-24 22:04
In this example, when Yltd. Decides to show the purchase consideration at par value i.e. ₹10 per share, so in books we mentioned purchase consideration as 50,00,000 shares x ₹10 per share, but what about the rest portion of purchase consideration that Yltd.paid to X ltd but doesn't show in books that is rest ₹20 per share (₹30-₹10, agreed value -fave value)?
latest answer
Liquidators A/c Dr 8000000 To psc A/c 3000000 To Esc A/c 5000000 If premium is allowed then Liquidator a/c Dr. 18000000 To psc 3000000 To Esc 5000000 To securities premium 10000000
Garima Bhargava
CA Inter
★ 185
4
493
Final exam
Exams
answered on 25-Apr-24 10:50
Sir, If I pass ca inter both groups in sep 2024 exam, when will be my first ca final attempt?
latest answer
Ok sir
Abhirami Mohan K
CA Inter
★ 0
4
491
Insolvency
Electives - Final
answered on 26-Apr-24 16:04
When an individual or firm became insolvent before they conclude as bankruptcy what are the revival steps taken by authority ?
latest answer
If an individual or firm becomes insolvent but has not yet filed for bankruptcy, a few steps which can be taken for revival could be financial restructuring, sale of assets, debt restructuring, seeking professional advice.
Pavann Reddy
CA Final
★ 31K+
1
369
Mutual Funds
AFM
answered on 24-Apr-24 20:51
Sir, In Illu:14 FV of Rs.10 for opening value of Investment is not found in the question. whether we have taken it as assumption. Kindly clarify it sir.
latest answer
Ok sir Thank you
Guru aravindh s
CA Final
★ 6K+
2
401
Amalgamation of companies
Accountancy
answered on 30-Apr-24 17:18
In this question 7, (A) 4th point at a discount of 5% after takeover means?? Here they taken the full value of debenture for Net assets calculations of K Ltd
latest answer
issue price is 5% less.
Ramya Sundar
CA Final
★ 5K+
1
360
Value weighted selection and stratified sampling
Auditing
answered on 24-Apr-24 18:41
How can we differentiate stratified sampling and value weighted selection? In material it is given that stratified sampling can be done on the basis of monetary value similar as value weighted
latest answer
Value weighted , the population need not be heterogeneous. Even for similar population, we can use value weighted. Focusing on heigh value items more as we look for material misstatement: Stratification usually is for heterogenous population. Basically , the approach differs .
Visruth Vichu
CA Inter
★ 890
1
509
PROMISOR
Corporate & Other Laws
answered on 24-Apr-24 17:57
A GIVES LOAN TO B THEN WHO IS PROMISOR AND PROMISEE IN THIS SITUATION ?
latest answer
A is the promisor and B is the promisee.
Bharavi Kothari
CA Foundation
★ 20K+
1
215
Question of Ill 38 & Ill 37 Missing in PDF Provided
Financial Management
answered on 24-Apr-24 15:29
Question of Illustration 37 is missing and Question of ILL 38 is partly missing.
latest answer
We had already updated the pdf regarding it. Please download the latest pdf from the free resources of our website.
NIKIL KAROL
CA Inter
★ 0
1
203