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AS 19

Accountancy

answered on 09-Sep-24 15:38

If a question does not specifically mention whether the lease agreement is financial or operating ( or does not even satisfy any of the conditioyn which make them financial or operating lease). What will we assume it to be?

latest answer

If conditions not satisfied, than operating lease.

Sagar Kathuria

Sagar Kathuria

CA Final

3K+

3

143

Working capital changes

Accountancy

answered on 06-Sep-24 11:01

Sir if capital reserve opening- nil and closing-200000. Then can we write it down under working capital changes in operating activity?

latest answer

No. For any reserves movement, you need to prepare working to find out profit or loss for the year.

Ajaykumar Parit

Ajaykumar Parit

CA Inter

815

1

137

Inventory

Accountancy

answered on 05-Sep-24 19:24

Difference between cost of goods sold and cost of sales

latest answer

Cost of sales includes selling and advertisement expenses and distribution expenses, COGS does not include selling and advertisement expenses and distribution expenses,

Sathya S

Sathya S

CA Foundation

3K+

1

174

AS 28 - related to carrying amt of CGU

Accountancy

answered on 10-Sep-24 09:37

What do these liability refer to? Is it added or subtracted from carrying amount? What exactly is the treatment in such cases in reference to the extract from the textbook Also could you explain the example in the 2nd attachment

latest answer

Ok, thank you sir

Rania D'souza

Rania D'souza

CA Inter

650

3

98

Sir this question branch inward average rate or opening rate

Accountancy

answered on 09-Sep-24 17:09

Sir this question branch inward average rate or opening rate

latest answer

Ok sir, thank you

R G

R G

CA Inter

9K+

5

170

2500×36 closing stock calculation correct sir

Accountancy

answered on 09-Sep-24 18:37

and furniture 4 rs difference so I increase furniture appreciation 1340×4

latest answer

Ok thanks

R G

R G

CA Inter

9K+

4

181

Sir this question adjustment Pl discuss in live revision class 5th sep

Accountancy

answered on 09-Sep-24 18:36

Sir this question adjustment Pl discuss in live revision class 5th sep

latest answer

Ok sir thanks

R G

R G

CA Inter

9K+

10

221

Particular column me closing rate will come

Accountancy

answered on 03-Sep-24 17:39

Sir particular column me closing rate will come

latest answer

38 video it's correct

R G

R G

CA Inter

9K+

1

131

1:46

Accountancy

answered on 09-Sep-24 15:49

Closing stock all monetary iteam me closing rate will come sir na u confusing in below table questions below table applicability in particular column

latest answer

Will check.

R G

R G

CA Inter

9K+

3

176

AS 4

Accountancy

answered on 09-Sep-24 15:51

Under AS 4 events occurring after balance sheet date , for non adjusting events where should the disclosure be made in notes to accounts or in report of approving authority?

latest answer

AS 4 requires disclosures in report of Approving authority.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

3

246