Economics, Accounting & Business: Post your doubts here!

[vineeth jain]

CRR = nominal value of redeemable shares - total value of new shares issued

what will happen if new shares are issued at premium???

 

[Esme]

what will happen if new shares are issued at premium???

It doesn't matter. When you create CRR deduct the entire amount of new share issue (including premium, if there is any) from the nominal value of shares redeemed

 

[vineeth jain]

It doesn't matter. When you create CRR deduct the entire amount of new share issue (including premium, if there is any) from the nominal value of shares redeemed

what if that premium is used to pay premium on redeemed shares

 

[Esme]

what if that premium is used to pay premium on redeemed shares

You don't get it, do you?? CRR is always calculated in that manner!

 

[WayneRooney10]

Umm....it is what it says in the book. It's quite clear. Which part did you not understand and I'll try to explain ?

I have the old randall book. It's only got FRS stuff.

 

[vineeth jain]

You don't get it, do you?? CRR is always calculated in that manner!

then why in the first question on the paper in the link below is calculating crr in a diffenent manner... even though newly issued shares are issued at premium , the are not conisdering it ...
why???

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w02_qp_4.pdf
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w02_ms_4.pdf
please clear this doubt

 

[Esme]

then why in the first question on the paper in the link below is calculating crr in a diffenent manner... even though newly issued shares are issued at premium , the are not conisdering it ...
why???

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w02_qp_4.pdf
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w02_ms_4.pdf
please clear this doubt

Why are you solving such old papers ? 2002? A lot of things have changed since then...

 

[Esme]

I have the old randall book. It's only got FRS stuff.

Uh-oh! you really should have the new one.. okay..I'll scan and send you this chapter which has all the IAS

 

[vineeth jain]

Why are you solving such old papers ? 2002? A lot of things have changed since then...

then can you send or link me some extra questions, so that I gain a bit confidence
plzz

 

[Esme]

WayneRooney10 I tried to scan it as well as I could but some parts may still be unclear. Sorry about that

 

[shaahid]

o

Never...absolutely never. It used to be included before but not anymore. If you have the new edition of Accounting by Harold Randall, refer to page 161. It is stated clearly there above Example 4

oh thanks! one more thing, in the statement of cash flows under which heading do you show dividends paid? Also proposed dividend dosen't come here either right?

 

[vineeth jain]

then can you send or link me some extra questions, so that I gain a bit confidence
plzz

Why are you solving such old papers ? 2002? A lot of things have changed since then...

even couple of questions will do the job..

 

[WayneRooney10]

WayneRooney10 I tried to scan it as well as I could but some parts may still be unclear. Sorry about that

WOAAAH! Thaank you sooo much Esmeeee! That'll sort some stuff out for me!

 

[Esme]

o
oh thanks! one more thing, in the statement of cash flows under which heading do you show dividends paid? Also proposed dividend dosen't come here either right?

Yep proposed are not included in the statement of cash flows either. Dividends are under the heading 'Cash flows from financing activities'

WOAAAH! Thaank you sooo much Esmeeee! That'll sort some stuff out for me!

You're welcome
Hopefully

 

[WayneRooney10]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s11_qp_43.pdf
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s11_ms_43.pdf
Q1, part a. Where did that 117 come from in trade payables calculation? And why? Esme or anyone.

 

[Esme]

even couple of questions will do the job..

Sorry I don't know which papers exactly.. just practice the recent ones.. you'll come across a question

 

[Esme]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s11_qp_43.pdf
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s11_ms_43.pdf
Q1, part a. Where did that 177 come from in trade payables calculation? And why? Esme or anyone.

Same doubt

 

[dishant.k]

ppl any help , notes any thing for macro econ??

 

[vineeth jain]

ppl any help , notes any thing for macro econ??

u mean 117 or 170
cozz there's no such figure



i have done it and the trade payables is the balancing figure

 

[WayneRooney10]

Same doubt

I feel as if its the depreciation on the assets (note no.5) because 112+5=117. But why would they add that!? :/