ha bhai sexy

1. I
IE i
5 Biological
assets
CA similartoPPE exceptno
Dep interms
ofdisclosures
Mole BeaverPlants are
shownunder
PPE
notBio
Assets
finance
3gg
j
tntogifme Its.no iouen onaoutsec.a
Assets
Chica CA ii TradeReceivables
by listing Investinquoted
securities Inostunquotedsecurities
fairIaluetobealso
given CatandImpairmentifany
in Others c Every nature inst separatelyclassify inost in SITu IA
Ct ft groupentities
isInvestments
jggggy
Iii CECE
Unsecured i
u Wan
ri others
Significantincreasein credit
Risk
CreditImpairment
2 AgeWise
61 2
3.7314
Outstanding
after
the
duedate ifduedate
analysis specified
Undisputed Disputed
stored't
pin Impaired
Good Sign
Credit
Good Sign
Impaired
th
din
creditrisk creditrisk

2. I
Items EB
Directorsofficers
or
entity where director is directorpartner
4 Prov
forBD to beseparately disclose as a deductionfrom
Tin Ree and not under CL or N Cl
Tired Receivablesfrom supplyofgoodsservices inordinary
course
ofbusiness
Loans
t Bay Igroelatedparties
2 Sameas PointI Tanda
of Tr Rec
Audet SecurityDepositgiven is now shownunder Other
FinancialAssets and not under loan
IFffettaps a securityDeposit
b BankDeposits 12mthen
shownunder
NCA FA otherFA
c Others Specify
i iii Iiisiana
Bank old is not shown asseduction
here

3. I
n
BSItems FaceofBI FaceornotestoBI
DTA
on
Carrying Nospecificdisclosurerequirement ofsch
Amount Remember Always Neal NCL
off set permitted
if Ind As12permits d silentet
thenoffset and show net DTA or net DTLtobe
shown
other
NCA
Carrying
amount
KEEI.gg gthancapitaladvance whichis net
giantesses be written
off
etc
Inventory Carrying
Amon
Breakup RM WIP FG Stockintrade Spares life112m
loosetools etc
Inventory to be
onlyitems classifiableas inventoryunder
Indas2
Inventory inhand intransit with 3rdparty
Inventoryis reducedto NRU as Nru c cost thendisclose
this
fu

4. I
agefft on faitti payable egad tax libs forsame ay Current tax
Tax liabilityAsset
Asset
Anyrefundable taxes
ofprior A Ys tobeshown as CA or
liability
ifnotexpected to realise in 12m then Other NCA andnotDT
MAT Credit Rec is part ofDTA CT B D later IndAs12
OtherCA CA DBreakupintodit stockother thaninventory
Adv tosupplier
ceivable like int accrued on
Not where cash is re
investments etc it is partof FI
FL CAI Break up D Borrowings
El ia lease liabilities
Indasi ii
trade Payable
E ft iii other FL see Brahmastra
Borrowings see Brahmastra
Breakup SecuredUnsecured Enduse
of
funds raised Defaults Ife
jig Trade Payables I Brahmasta
b other
enter

5. I
ImportautMotesonim a
I
Boxing Borrowings
Accrued
not
due Other FL
Eg Unsecuredloanfrom
another
Co
Current
maturities other CL FL B rowings St Borrowings
12t.pfai.mn'oftotion1 12021
include weloan BankOverdraft
Of
LtBorrowings
Int payableon31 12annually
andPrincipalaftersyears
1
On3132022 nointerestwas
I
Égj
GIndase cashes
It isseduced
from Paid 2021
and
NCL FL Borrowings CRCE TotalIntoutstanding willbe
as
LEX 1,51 150
other Bsi under
liabilities not
1139211031
3
20211
seducedfrom
CRCE Intdue
not
paid
butnot
due
IGN
of A1 121Cup
to
3112
2021
1
3132022
shownasBorrowings
shown
as
other
FL
CL FL BorrowingsEsditings

6. I
3 Sharesissued
forotherthan cash means shares 4 Shareforfeitureis addedto Escand
notshown as
issued other
than RIS
a Cash consideration or Onlyafterreissue
of
forfeited
shares theexcess
in
b Against settlement
ofexisting
liability thff istransferredto capitalReserves
5 EgPPE Cost100 CA40 Sold
for105
Share
issued
to
public IE Bank Dr105
ISweatEq
sharesatnoconsideration
Lay
Cash TOPPE 40
Esops at C FMarket
Price
Shares
againstanweb.cn
Groft
onsale
g g
Asper
Indasibor
ToPort
G As 10
diedale considerDebasFL
ON
profitonSale
of
Stareissued
to Bk tosettle Cash or PPEElf toPort
Existing Bad ProfitonSale a g
as it isrealised
Share
issued as Pc under tocappy 65 ProfitFarther
i
i
acquisitionofacompany
underCoAct
or 60is
treated
as
Shareissuedagainst and sas capital
Tocappes 5 creditedto
port
TOPort 60 only
However
AOA
mayrestrict
nottousecapProf
for
dividends

7. S.No Poll/Quiz A B C D Correct Ans
1
Loan taken 500L, repayable 100L p.a. from next year, ignore
interest. How to present in the BS:
CL - Other CL - 100
and NCL - FL -
Borrowings 400
CL - FL - Other FL - 100
and NCL - FL -
Borrowings 400
CL - FL - Borrowings -
100 and NCL - FL -
Borrowings 400
Poll
2
Credit sale made on 31-8-2021 with a credit period of 1 month.
Debtor is due till 31-3-2022. It will be shown under which
column in the notes to FSs?
0-6m 44901 A
3
Machine acquired years ago of 100 Crores, having WDV in books
of 40 Crores was sold for 105 crores. How to recognise the profit
on sale of 65 Crores?
Credit to P&L-65
Credit to Capital
Reserves -65
Credit to Capital
Reserves -5 Credit to
PorL - 60
A
4 What is the difference between Reserves and Funds?
Some reserves are
termed as funds
Funds are assets Poll
CA Final FR In Class MCQs by Sarthak Jain
L-6 - Sch-3
4 What is the difference between Reserves and Funds?
Some reserves are
termed as funds
Funds are assets Poll
5
Company is earning good profits, and risks that if the business
condition in future detoriates, it may have to suffer losses hence
wants to adjust/appropriate 50% of its profits for future
contingencies. This will be shown as:
Provisions Reserves B