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Accounting for Electrical Fittings in a Rented Factory: Key Treatment Options
access_time 2024-10-20T09:00:41.826Z face CA N Raja
Accounting for Electrical Fittings in a Rented Factory: Key Treatment Options Vinu: Hey Manu, I need your help! We're working on financials for 2023-24 for a company that operates in a rented factory. We've done some electrical fittings and spent money on it. But there are different opinions about h...
How to Verify Capital Infusion: A Step-by-Step Guide for Bankers
access_time 2024-10-13T13:29:48.453Z face CA N Raja
How to Verify Capital Infusion: A Step-by-Step Guide for Bankers Vinu: Hey Manu, last year in a company’s financial statement, the current account was reported on the asset side, and it resulted in a negative tangible net worth. This year, they reported the current account on the liability side and ...
Demystifying the Partners' Current Account: A Guide to Managing Partnership Finances
access_time 2024-10-13T12:13:49.012Z face CA N Raja
Demystifying the Partners' Current Account: A Guide to Managing Partnership Finances Vinu: Hey Manu, I was going through the balance sheet of our partnership firm, and I noticed something called the "Partners' Current Account." Can you explain what that indicates? Manu: Sure, Vinu! The Partners' Cur...
Decoding Average Maturity in Term Loans: A Practical Guide for Better Financial Planning
access_time 2024-10-13T11:05:35.086Z face CA N Raja
Decoding Average Maturity in Term Loans: A Practical Guide for Better Financial Planning Vinu: Hey Manu, I’ve been hearing a lot about terms like "average maturity" in the context of term loans. Can you explain what average maturity is and how it’s calculated? Manu: Sure, Vinu! Average maturity is a...
Decoding Deferred Tax Liability: Why It Doesn't Count Towards Net Worth
access_time 2024-10-13T05:38:53.705Z face CA N Raja
Decoding Deferred Tax Liability: Why It Doesn't Count Towards Net Worth Vinu: Hey Manu, I’ve been reading about financial statements, and I came across something called Deferred Tax Liability (DTL). Can we consider Deferred Tax Liability as part of a company’s net worth? Manu: That’s a great questio...
