hi guys ipcc exams r approaching & i'm appearing in that.my whole syllabus is finished.
In accounts (group 1) there are only 2 doubts which are as follows :-
1)In Investment chapter i hav not understood the question in which ex-interest amount are given & interest needs to be calculated.In march mock test it was asked.
2)In amalgamation chapter according to my opinion when assets are taken over at their balance sheet values it is in nature of merger.I know other conditions as well but isn't this right.
Looking forward to your valuable reply A.S.A.P.
CAclubindia
