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Accountancy

answered on 16-Jun-21 16:34

For example , in the 15% debentures account , the opening balance is � 500000 and new issue of 15% debentures is issued on discount of �35000 on 1/4/x1 is � 250000. If it is it a issued on discount and why do we calculate the interest on the face value instead of the remaining paid value ( I.e . �215000). 

latest answer

Payments can't keep changing, on market value / paid value of Debentures. Interest is always paid on face value, price keeps changing considering return-cost analyses.

Susai Yappan

Susai Yappan

CA Inter

12K+

1

637

Doubt

Accountancy

answered on 16-Jun-21 20:59

Sir in super profit method how can we identify where the annuity is present or future to calculate goodwill

latest answer

Only one annuity value will be given in question

sai t

sai t

CA Foundation

2K+

13

580

Alteration of capital clause

Corporate & Other Laws

answered on 16-Jun-21 16:34

Can consolidation of shares results in change in voting rights? Sir. If so it can happen could you give me example for it sir

latest answer

Thank you sir understood

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

2

561

Business Trust, Investment Trust, securitization Trust

Direct Taxation

answered on 17-Jun-21 10:16

Q1. Does any of them have business income? As in book all it talks about STCG , LTCG, rental, dividend and interest income? Q2. What is the basic difference between all 3?

latest answer

Business trust includes REITs and InvITs. Business trust earns dividend on shares from SPV, rental income from properties, earns interest on loans to SPVs and earns capital gains from transfer of assets. These are the only incomes for the business trust. REITs facilitate investments into real estate sector. InvIT is where investors invest money identical to that of mutual fund. They are built to suit specific circumstances in the country.

Pankaj Bansal

Pankaj Bansal

CMA Final

0

1

798

Business level strategy

Strategic Management

answered on 18-Jun-21 12:20

From below picture can u explain why it can't be focused differentiation strategy as it is focusing only on Pregnant women and mothers

latest answer

It is differentiation strategy not a focussed differentiation strategy

Surya Prakash

Surya Prakash

CA Final

19K+

3

575

Statistics

Maths & Stats

answered on 16-Jun-21 17:23

Can any send below question answer with clear explanation ?

latest answer

I hope you understood....

Aakash Raavi

Aakash Raavi

CMA Inter

320

4

583

penalty for civil liability

Corporate & Other Laws

answered on 16-Jun-21 16:01

what is the penalty for civil liability of mis-statement in prospectus

latest answer

Sec 35 covers civil liability for mis-statement in prospectus. There is no specific amount stated as such. Section says liability is for compensation to person who has suffered damage.

Elavarasi B

Elavarasi B

CA Inter

46K+

1

489

Capital gains

Direct Taxation

answered on 16-Jun-21 10:54

Difference between relinquishment and extinguishment

latest answer

Relinquishment means owner of the asset withdraws or surrenders his right in the asset. Extinguishment is the cancellation or destruction of a right.

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

2

3K+

weightage

Accountancy

answered on 16-Jun-21 10:47

are department accounts and branch accounting chapters important? can i leave it as option?

latest answer

We encourage students to write exams with full prep. As per ICAI weightage pdf, https://resource.cdn.icai.org/57148bos46296.pdf (pg 21/66) these 2 chapters along with Incomplete records is clubbed into unit that comprises 20-25% weightage

Pooja .

Pooja .

CA Final

210

1

625

service costing

Costing

answered on 16-Jun-21 10:27

In service costing, while finding total cost is it compulsory to write standing charges, running charges and maintenance charges separately?Or can we write all costs together and find total cost because in both cases answer comes out to be same.

latest answer

Its always preferable to include each line item separately atleast in the working note, though the answer doesnt change because that helps you to verify easily in case of any error

Ali S

Ali S

CA Final

8K+

1

515