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Managing Sundry Creditors: Risks, Remedies, and Best Practices
access_time 2025-02-10T07:01:43.426Z face CA N Raja
Managing Sundry Creditors: Risks, Remedies, and Best Practices Vinu: Hey Manu, I've noticed that our company's sundry creditors have been increasing lately. I'm concerned about the consequences of this and what remedial measures we should take. Can you shed some light on this? Manu: Sure, Vinu. An i...
Key Conditions for Funding a Future Commercial Property Purchase: A Conversation Between Manu and Vinu
access_time 2024-10-20T15:29:37.662Z face CA N Raja
Key Conditions for Funding a Future Commercial Property Purchase: A Conversation Between Manu and Vinu Vinu: Hey Manu, I’ve got a client who’s planning to purchase a commercial property in the future. They haven’t finalized anything yet but have budgeted the amount. They’ll be funding 75% of it thro...
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...
