respected sir, in Q 7a, related to cashflow ,you have deducted dividend of Rs .50 m from opening balance of cash but the wording used in question paper is "dividend declared" it apparently mean that it has not been paid then why it has been deducted ?
once dividend declared is deducted from profit&loss account.and make suitable assumption that dividend declared has been paid.[once dividend declared it becomes debt due from the company.]
sir, in Q.6a,related to business valuation,you have take current assets as Rs.30cr in valuation....bt why not Rs.1010 cr i.e.(1000-20+30)...as only stock revalued by Rs.10 cr.
respected sir,
ReplyDeletein Q 7a, related to cashflow ,you have deducted dividend of Rs .50 m from opening balance of cash but the wording used in question paper is "dividend declared"
it apparently mean that it has not been paid
then why it has been deducted ?
once dividend declared is deducted from profit&loss account.and make suitable assumption that dividend declared has been paid.[once dividend declared it becomes debt due from the company.]
ReplyDeletesir,
ReplyDeletein Q.6a,related to business valuation,you have take current assets as Rs.30cr in valuation....bt why not Rs.1010 cr i.e.(1000-20+30)...as only stock revalued by Rs.10 cr.