Solved this question.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 November 2011
ab ltd crated a sinking fund to redeem its prefernce capital of rs 5 lakh issued on 6 april 2004 and will mature on 5 april 2015. the first annual payment was made on 6 april 1994. the company will make equal annual payment and expects that the fund will earn 12% per year , how much will be the amount of sinking fund payments
26 November 2011
The Calculation will be held as follows;
A(CVFAn,i)1+I)=500000
A(CVFA12,.012)(1.12)=500000
A(24.133)(1.12)=500000
A(27.02896)=500000
A=500000/27.0289618
A=18496.68
A(CVFAn,i)1+I)=500000
A(CVFA12,.012)(1.12)=500000
A(24.133)(1.12)=500000
A(27.02896)=500000
A=500000/27.0289618
A=18496.68
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
