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2)Yes sir i understood but my question wasn’t aligned properly. My doubt exactly was,
Their question is to state whether the statements are true or not
My answer was
Statement 1:Rights issue raises cash for the company True
Statement 2: Rights issue results in capitalisation of reserves True
Their answer
Statement 1:Rights issue raises cash for the company False
Statement 2: Rights issue results in capitalisation of reserves True
Their reason for their answer
Statement 1:Rights issue results in capitalisation of reserves
Statement 2: Rights issue raises cash for the companyTheir answer and the reason that they have given is confusing.
I am just asking if their answer for Statement 1 was wrong or notAnd i have understood all explanations that you have given for the rest of the questions
Thank You sir
Yes sir i have been ignorant about this.I will for sure not repeat this again.
But sir please do suggest me further steps where i can rectify this or how to delete these posts.And yes sir, my doubt is cleared.
Thank YouI tried my best to align the question. But after posting, the alignment changed, Sorry for the inconvenience sir
Thank YouOkay sir understood.
If the depreciation is to be charged every year then, then what is this statement ” charging a full year’s
depreciation in the year of purchase and none in the year of sale” trying to indicate? Cause this is a very common statement in most of the questions.
Yes sir I have watched all of your lectures. Its just that i watched it long ago and have forgotten these important concepts.
Thank You for your kind help Sir.
