Forums
Risk and reward in e commerce
Accountancy
answered on 19-Jun-26 15:58
So I place an order in Amazon on 28/3/2026, it's billed and I made payment in upi as well. I didn't request for any bill and hold .They shipped the product. So I got the delivery on 2/4/2026. So the goods are delivered in a deliverable form after 5 days.Now control is with me. So here, 1.when the transfer of risk and reward happened? 2.When is revenue recognised? [Video Time Stamp: 04:55]
latest answer
ok sir, thankyou
Geeta B
CA Inter
★ 8K+
2
77
Past service cost
Accountancy
answered on 24-Jun-26 10:53
Kindly provide an example to understand this past serve cost , vesting investing annd amortization.
latest answer
ok sir thankyou
Geeta B
CA Inter
★ 8K+
2
77
Past service cost
Accountancy
answered on 24-Jun-26 10:54
Whether method 1 is correct or method 2. As per my contention, method 1 is following matching and accural concept
latest answer
ok sir thankyou
Geeta B
CA Inter
★ 8K+
7
75
Triple column cash Book
Accountancy
answered on 11-Jun-26 10:15
Jan 27 he pays by cheque for cash purchases Why we wrote the amount in Bank column in previous transactions we consider cheque as cash and written in cash column What is the difference in previous transactions and this transaction
latest answer
cheque receipts are treated as cash. Here its cheque issued. Hence directly written under bank.
KUDELLY Bhargavi
CA Foundation
★ 5K+
1
71
Subsidiary Books
Accountancy
answered on 08-Jul-26 16:10
What about the topic "importance of journal"?
latest answer
less imoportan
KUDELLY Bhargavi
CA Foundation
★ 5K+
2
89
Amalgamation in the nature of merger
Accountancy
answered on 10-Jun-26 09:45
What If In case of Inadiquate balance amounts in Company B and Then Company A too.
latest answer
Debit to reserves and show it as a negative balance
Rajesh Mutyala
CA Inter
★ 9K+
1
72
Finance lease
Accountancy
answered on 10-Jun-26 09:45
PV of Min. Lease Payments is (90%) or equal to fair value of asset at inception. Here , MLP of lessor or MLP of lessee should be checked for classifictaion?
latest answer
Yes
Geeta B
CA Inter
★ 8K+
3
65
Guidance
Accountancy
answered on 29-May-26 10:16
Good morning sir I feel really scared and intimidated by certain accounting standards. I don't know if I can really understand the concepts. It's taking more time to complete the lectures like , 3 times of the normal timing.
latest answer
Ok sir. Thankyou so much
Geeta B
CA Inter
★ 8K+
6
105
Specific vs general borrowing's interest income
Accountancy
answered on 26-May-26 06:52
In case of specific borrowings, the internet income earned by depositing the idle loan fund in FD , to offset the borrowing cost of the QA. But what about general loan. Incase of general loan utilised for construction of QA, the internet income earned by depositing the idle loan fund in FD ,would be transferred to p&l a/c or offset with borrowing cost of QA? [Video Time Stamp: 08:29]
latest answer
Ok sir thank you
Geeta B
CA Inter
★ 8K+
2
102
As 16
Accountancy
answered on 26-May-26 10:09
A company borrowed Rs.10l from bank on 1st April at 12% rate of interest. The company started the construction of qualifying asset. On 1st April Rs.1l is utilised. On 1st August 5l is utilised. Now the borrowing cost to be capitalised will be , 1l*12%= 12k + 5l*12%*8/12=40k. Totally 52k will be capitalised. But borrowing cost incurred during this FY would be, 120k. Out of this , 52k will be Capitalised. Remaining 68k will be charged to p&l a/c . Whether my understanding and computation is correct sir?
latest answer
Ok sir. Thankyou so much
Geeta B
CA Inter
★ 8K+
7
96