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is investment in scheduled III Classified in
Debentures, Bonds,
Investment in Equity and Preference shares
Investment in Mutual Funds
Investment in partnership firm,
Investment in Gold/silver coins
Investment in property
or may be another list
please mention the name
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What is Exceptional and extraordinary items
what is Exceptional and extraordinary items under scheduled III of balance sheet and also provide the list of the exceptional items and the extraordinary items.
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Entry journal
Sir
Pl tell the journal entry of buy back of shares by co in books of investor...
Is this buyback considered as taxable or not.
Regards
This Query has 1 replies
Is term deposit come under cash and cash Equivalent
whether fixed deposit ( Term deposit) comes under cash and cash Equivalent under scheduled III ?
This Query has 1 replies
Accounting policy for prepaid expenses
Hi All,
A Listed company has an accounting policy as follows.
"Expenses more than 1Cr are only considered as prepaid and amortized, all other expenses are charged to P&L."
Is this allowed ? If so, do we have a reference in any standard or guidance note ?
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Cash shortage f.y.23-24
Sir,
If a professional income it person account records up to date f.y.23-24. some dates cash shortage (nagative) show in books.
Question:
How the procedure source of cash generated (nagative) adjustment in books.
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AS 3- Cash flows
When accounting for an investment in an associate or a subsidiary or a joint venture, an investor restricts its reporting in the cash flow statement to the cash flows between itself and the investee/joint venture, for example, cash flows relating to dividends and advances. what does restrict mean?
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Accounting group of security deposit of rent received.
what would be the accounting group of security deposit of rent received.
This Query has 2 replies
F&O TRADE DATED 30 MARCH AND 31 MARCH BILLED ON 1 OR 2 APRIL
F&O trade dated 30 March 2023 / 31 March 2023 is billed on 01 Apr 2023 for Rs. 278500 (gain).
Is this gain amount is related to FY 2022-23 or FY 2023-24.
Kindly explain.
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What come under short term investment under Current assest
what come under short term investment under current assets.
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Is investment in scheduled III Classified in