Any one have Rambaan pdf of Pooja mam applicable for may 25.
Also Capital Gain solutions of that rambaan which were solved in class
March 10, 2025
While taking classes of group 2, I forgot advance accounts... Is this normal?
March 10, 2025
Anyone have Income from Other Sources lectures ?
If yes, please share with me
March 10, 2025
Can anyone tell that tapovan ca ka advance accounts fast-track is good in concept and overall to score good in advance accounts. Plss tell.
March 10, 2025
Kisi ke paas gurpreet sir ke other law ke lecture hai kya !?
March 10, 2025
Is may 25 ca inter books are reliable for Jan 26
March 10, 2025
Z Ltd. Purchased a fixed asset for rupees 50lakhs, which has the estimated useful life of 5 years with the salvage value of rupees 5,00,000. On purchase of the assets government granted for rupees 10lakhs. Pass the necessary journal entries in the books of the company for first two years if the grant amount is deducted from the value of fixed asset.
How to calculate depression from it.
March 10, 2025
Prime Rubber Industries
Executives of Prime Rubber Industries finished their series of planning meeting and arrived at the business plan for the next financial year. The plan is summarized as follows:
1. The company plans to earn a profit after tax of Rs.38, 50,000. Income taxes are expected to be 30% of the earnings.
2. During the year, shares of the face value of Rs. 28, 00,000 will be issued at a premium of 100%.
3. An office block will be purchased at a down payment of Rs.35,00,000 by taking a mortgage loan at the rate of 10% interest per annum, for the like amount from SBI. The entire amount will be cleared at the end of five years.
4. Plant and equipment costing Rs.23, 00,000 will be added to the factory on the basis of Equated Monthly Instalments of Rs. 50.000/- for 60 months beginning from the date of acquisition. SBI has agreed in principle to consider the request for financial assistance.
5. Accounts payable are to be maintained at the level of one month's sales. Inventory stock was expected to be Rs.50, 00,000 of which 60% will be raw material. Average credit available will be about 30 days' purchases.
6. It is expected that during the plan period, actual operations may be for 300 days.
7. Operating expenses for year are as follows: Raw material will be 30% of sales revenue; wages will be 10% of sales revenue; other direct manufacturing expenses will be 10% of sales revenue.
8. Administrative expenses are projected to be Rs.25, 00,000. Selling and distribution expenses are projected to Rs.18, 00,000.
9. Depreciation of plant and machinery is calculated on the basis of 10% straight line and building at 2.5% straight line.
Prime Rubber Industries
Balance sheet as on 31 ^ (st) December 2 * 19
(All figures in 000s)
Amount (Rs)
Amount(Rs)
Assets
Liabilities and Equity
Cash
500
Accounts Payable
1500
Accounts Receivable
3000
Bank Overdraft-(Working Capital Limit)
3500
RM Inventory
3880
FG Inventory
1000
Prepaid Rent and Insurance
120
Current Assets
8500
Current Liabilities
5000
Land
300
Owners' equity
Plant and Equipment Rs.1400
Share Capital
1000
Less: Accumulated Depn. Rs. 700
700
Share Premium
1000
Good will
1000
Retained earnings
3500
Total assets
10500
Total Liabilities and equity
10500
Required:
Phase: A
• Prepare projected income statement for the year ended 31st December
2X20.
• Prepare projected Balance sheet as on 31st December 2X20.
• Prepare Projected Cash Flow Statement for year ended on 31st
December 2X20.
Phase: B
• Prepare a Project Report for financial Assistance from SBI:
• Projections should be for the four years ending 31st December 2X21,
2X22, 2X23 and 2x23 namely for the Balance sheet, Income
Statements, and cash flow statements.
• Also make the statement for appropriate financial ratios that should
form the part of the project report.
• You may be guided by the State Bank of India – Loan application form.
March 10, 2025
I recently registered for intermediate and i also got the confirmation mail from icai with user name and password but I'm unable to login to icai bos app with that registration no. Please help me
March 10, 2025
How do I study cost?
Is it mandatory to learn every sub-points word to word from theory pov?
Targeting for Jan 26 first attempt
March 9, 2025