Under which head is the ‘Debenture Redemption Reserve’ shown in the Balance Sheet?

Q: What are the two categories of liabilities reported on the balance sheet? Provide examples of each.

A:

Q: What does Total debt include?

A: Answer: Generally, debt is an obligation imposed upon a corporation to manage its business. Total…

Q: Differentiate between the accrual method and cash method?

A: The Cash Method: Revenue is reported on the income statement only when cash is received. Expenses…

Q: How to Use Compound Interest Factors for Annuities

A: Compound interest factor for annuities is used to compute the present and future value of annuities,…

Q: What does the formula developed for calculating compound interest express?

A: Answer: Compound interest is nothing but interest earned on interest. In case of simple interest…

Q: ollowing situations does not base an accounting measure on a present value? Prepaid insurance ,…

A: It analyzes comprehension of how accounting measures and financial reporting may or may not require…

Q: If Valuation Allowance for Available-for-Sale Investments has a credit balance, how is it treated on…

A: Available-for-sales securities: These are short-term or long-term investments in debt and equity…

Q: What is the nature of the account Fund balance with Treasury? When is that account debited, and when…

A: Nature of accounts helps management to record the financial transactions as per double entry system…

Q: Assets created by payments that expire as they are used are called?

A: The assets are resources that are owned by the individual or organization. The assets are in…

Q: le

A: Formula:  Current ratio = Current assets / Current liabilities Working capital = Current assets -…

Q: How are held-to-maturity investments reported on the financial statements?

A:

Q: What does it mean for CHS to securitize its receivables?

A: Compensating balance: A compensating balance is a minimum amount of cash that must be maintained by…

Q: Which of the following is generally associated with payables classified as A/P? (A) Periodic…

A: Accounts payable means amounts repayable in respect of purchases made from suppliers.

Q: Differentiate between Current Account vs Capital Account.

A: Account: A record, that documents or records the changes in assets, liabilities, or equity for a…

Q: how do deposit intistitutions differ from non-deposit institutions?

A: A financial institution is an intermediary business entity that helps to supply money from surplus…

Q: How do differences in fiscal policies. impact interest rate parity?

A: Interest rate parity (IRP), a cornerstone of international finance that states that the difference…

Q: Under PFRS 9, bond investments held for collection of contractual cash flows are measured at

A: As per PFRS - 9, all financial instruments are initially measured at fair value adjusted by the…

Q: lending

A: The term net lending is defined as an economic measure which measures as to whether the government…

Q: Explain the components of balance of Payments Accounts and describe the  impact of deficit and…

A: The balance of payments (BOP), sometimes known as the balance of international payments (BIP), is a…

Q: What is the purpose of the accrual tranche?

A: The diverse CMO bunches are known as a tranche. Gathering tranche too known as Z tranche is the…

Q: What are the various forms of interest-bearing transactions

A: The various forms of interest-bearing transactions of explanation:

Q: What is meant by ‘Issue of debenture at discount and redeemable at premium?

A: Bonds:   Bonds are debt instruments issued by the borrower company to its lenders. Bonds are issued…

Q: who is the vendor for interest payable

A: Lets understand the basics.When entity needs funds to run the business then they generally borrow…

Q: Which of the following is the term commonly used to describe the practice of reporting the net…

A: Under the Allowance method of recording uncollectibles, an entity estimates the percentage of…

Q: What are the Classifications of Annuity.

A: An Annuity is a periodic payment which are made from time to time from a lump sum corpus.

Q: When it comes to calculating interest, what procedures are used?

A: The Answer:

Q: What interest rates should be used in calculating the amount of interest that should be capitalized…

A: For capitalization and the amount to be capitalized, interest rates should be utilized:

Q: What are debt issue costs and how should they be reported?

A: