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AS 21 Consolidated Financial Statements should be applied in preparing and presenting consolidated financial statements for a group of enterprises under the sole control of a parent enterprise. A parent company presenting its consolidated financial statements must present these statements along with its standalone financial statements. The users of financial statements of a parent company are typically concerned with and are required to be educated about, the results of operations and financial position of not only the company itself but also of that group together.
The respective ratio of monthly income of A to monthly income of B is 12:13, and A’s saving is (100/19)% more than B’s saving. Find the expenditure ...
The sum of the income of Raj and Roni is Rs. 168000. A spends 50% of his income and B spends 75% of his income in such a way that B’s saving is Rs. 90...
Satyam and Aman have monthly salaries, including savings and expenditure, in the ratio 8:11. Aman's monthly savings are Rs. 12,000, and Satyam's savings...
The average income of three employees, namely Amit, Bisht, and Cherry, is Rs. 24000. Bisht's income is 10% higher than Amit's, and Cherry's income is 50...
The ratio of income of 'M' to that of 'N' is 4:5. Sum of their expenditures is Rs. 90,000. Savings of 'M' is 35% more than that of 'N'. Expenditure of '...
Anju spends 16% of her monthly income on rent, 22% of it on groceries, 14% of it on children's education and 50% of the remaining on other items. If ₹...
