Can anyone please explain me why premium on redemption of preference shares is not adjusted in operating activities in FM (May 2011) paper.......Please also explain the share premium A/c....
3 Replies
Tony G
(Vice President but looking for a different meaning to life)
(251 Points)
Replied 14 October 2011
Premium on Redemption of debentures should be adjusted under Financing Activities. In case of Investment Companies alone, it would be adjusted with Operating Activities. Similar treatement is for Share Premium A/C
Gaurav Singh
(student)
(496 Points)
Replied 14 October 2011
Yes thats true....but, it will added back in operating activities na
Aditya
(CA final)
(82 Points)
Replied 14 October 2011
| Originally posted by : gaurav Pushkar | ||
 |
Yes thats true....but, it will added back in operating activities na |
 |
no gaurav premium on redemption of preference shares are written off against security premium,general reserve and then p/L(in this order).so it will be added back only if it is written off against P/L!!!
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
