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170 general reserve doubts clear now no doubts
Accountancy
answered on 03-Dec-24 14:25
170 clear no doubts now understand
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R G
CA Inter
★ 9K+
2
612
Sir please clear general reserve set off 170 or 250
Accountancy
asked on 02-Dec-24 20:13
Sir please clear General reserve set off 170 or 250
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No answers yet!!
R G
CA Inter
★ 9K+
0
309
Right issue sum
Financial Reporting
answered on 02-Dec-24 22:23
Sir in that while calculating weighted average no of shares outstanding for 20X2 shall we compute the no of shares in another method ie considering 18,00,000 for whole year but answer is not coming
latest answer
Pls share your working
Miradevi S
CA Final
★ 16K+
1
590
Elimination of depreciation, and transfer of excess depreciation to retained earnings.
Financial Reporting
answered on 03-Dec-24 14:04
Sir, (i) Timestamp: @ 14:56 Should we have done the similar elimination at the time of first revaluation (Y3) for Rs. 9,000 (Rs. 3,000 X 3) also? (ii) Are we supposed to pass the entry for transferring excess depreciation of Rs. 422 (Rs. 3,422 - Rs. 3,000) to retained earnings, with respect to Y4 in this type of questions?
latest answer
1. Yes. 2. Not required unless asked in question.
Denz Philip
CA Final
★ 10K+
1
281
Derecognition of PPE
Financial Reporting
answered on 02-Dec-24 22:23
Can we transfer the gain or loss of PPE into profit or loss at the time of derecognition of PPE.
latest answer
If classified as held for sale only loss is recognised. You will understand in 105.
Poluru Penchalaiah
CA Final
★ 12K+
3
181
Input tax credit
Indirect Taxation
answered on 09-Dec-24 11:40
How much ITC win the enterprise can availed? Solution
latest answer
ITC on inputs and also CG can be claimed. In case of CG, ITC shall be reduced by 5% per quarter or part thereof.
Naina 74
CA Inter
★ 0
2
498
For total outflow why have we considered 102,000?
Financial Reporting
answered on 03-Dec-24 13:57
For total outflow, should it not be 100,000-2000=98,000. Here we have taken 102,000. Please explain
latest answer
Cost of investment is 1,00,000 transaction cost paid is 2,000 So total outflow is 102000 In case of a liability total proceeds received = 100000 Transaction cost incurred = 2000 Net amount 98000
Manu Jacob
CA Final
★ 6K+
1
206
As 10
Accountancy
answered on 02-Dec-24 17:54
Property plant and equipment question
latest answer
what is your doubt>
Naina 74
CA Inter
★ 0
1
569
Partnership Acs - Death of Partner - confusion of adjustment information
Accountancy
answered on 03-Dec-24 15:04
As per adjustment no. iv, interest is not payable in the current year due to death Then why has it been deducted from current years profit calculation
latest answer
okay sir got it, thanks a lot
Aryan Choudhary
CA Foundation
★ 0
4
557
Doubt
Financial Management
answered on 02-Dec-24 16:54
In this que we got closing wip, the reason why we don't deduct it because in existing co we assume that op wip= clo wip
latest answer
Yes
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
442