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Retained Profits
AFM
answered 47 mins ago
Sir why the retained profit of 2021 is considered for external funds required, should we not consider the retained profit of 2020 600*4%*50% = 12, which is earned in the 2020 which can be used for 2021, In this question if we are calulating the funds required for period 2020-21, then retained profits which we earned in past(2019-2020) which is available for use should be considered instead of 2020-21 profits which could be used later and not now I am bit confused, let me know the logic of why we have done considering the retained profits of 2021 for reduction in funds required
latest answer
Retained profits
Hemachandra D
CA Final
★ 610
1
10
Earnings of Mr A
AFM
answered 1 hr ago
Sir, i understood that we added the lending chg and dividend but shall we not also add unrealised gain or loss. As Mr A have lent it to XYZ, XYZ have to return it to him all the 1000 shares so in scenario I the value of shares which he will receive will be Rs 1050. Hence, unrealised gain = 1050-1000=Rs 50.
latest answer
Unrealised gain
Hrishikesh Pradhan
CA Final
★ 3K+
1
14
MCQ-5
Strategic Management
asked 5 hrs ago
How this question became maturity
latest answer
No answers yet!!
Mr M
CA Inter
★ 3K+
0
33
IFHP
Direct Taxation
asked 6 hrs ago
Kindly Clarify Sec 24(b) deduction is not allowed in the default tax regime. Is it only for self occupied property or both let out property also..
latest answer
No answers yet!!
Soon to be CA
CA Inter
★ 4K+
0
30
Sir adjustment1 2nd part and that of the remaining 25%at less than the book value
Accountancy
asked 14 hrs ago
Sir is this calculation correct sir 18L ×25%×0.92 = 414000 Adjustment 1 first part. = 1512000 Total. 1926000 But in balance sheet sunder asset 1800000 it will come my doubt 18L - 1512000 = balance 288000 My doubt it will come 288000 or 414000
latest answer
No answers yet!!
R G
CA Final
★ 5K+
0
69
Cash flow statement
Accountancy
answered 4 hrs ago
Here, Why didn't they include depreciation on other tangible assets while calculating net profit
latest answer
Dep for furniture rs.40000 and dep for other tangible assets rs.20000 Totally rs.60000 While computing net profit they reduced rs.60000
Sai Ganesh
CA Inter
★ 8K+
1
87
Difference
Direct Taxation
asked 20 hrs ago
Difference btw immediately preceding previous year and immediately preceding financial year
latest answer
No answers yet!!
Ajaykumar Parit
CA Inter
★ 145
0
82
Time of supply
Indirect Taxation
asked 22 hrs ago
Invoice = 3rd sept Payment = 7th sept Advance 10000rs Invoice = 3rd Oct Time of supply of service for October month ?
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No answers yet!!
Sushmita Chowdhury
CA Inter
★ 2K+
0
81
Sir if question is nothing is mention and all point made for merger which method I follow in exam
Accountancy
answered 22 hrs ago
Purchase or merger sir or I can follow any write in exam note assuming and do any purchase or merger
latest answer
Point of business continuity should also be given - Merger
R G
CA Final
★ 5K+
1
73
Logic
AFM
answered 1 day ago
Sir, i did not understood the logic of adding NPS of Rs 20 Crs in calculating theoretical ex right price.
latest answer
Adding project npv
Hrishikesh Pradhan
CA Final
★ 3K+
1
94
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