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AS 11
Accountancy
answered on 15-Jun-20 11:54
In forward exchange contract When does premium or discount arise? When does profit or loss arise? When does exchange difference arise? What is the difference between All these? Please explain with examples
latest answer
1. The premium or discount, arises by the difference between the exchange rate at the date of the inception of the forward exchange contract and the forward rate specified in the contract. 2. Profit or loss arises upon cancellation or renewal of such forward contract
Satya Shashank
CA Inter
★ 13K+
3
765
Restoration expenses.
Accountancy
answered on 12-Jun-20 18:09
If restoration expenses is 66.5 after 3 years. And discount rate is 10% ... How to calculate present value
latest answer
1÷1.1 tease to 3 times =0.7513148009� 66.5 = 49.96 p.v of three years
Divya K
CA Inter
★ 885
1
709
Financial statements
Accountancy
answered on 11-Jun-20 09:40
For equity and liability item list of share holder holding."................"share as on balance sheet date should be disclosed separately.pls give the meaning and say answer to this bit
latest answer
Details of shareholders holding more than 5% shares.
MARISETTI DURGA
CA Inter
★ 5K+
2
700
Branch account
Accountancy
answered on 16-Jun-20 08:08
In illustration 3 In debtor method the debtors collection was 163500 In stock and debtors method the debtors collection was 171000 how????
latest answer
It is useful.
Kanaga Mani
CA Inter
★ 3K+
4
827
Amalgamation of Companies
Accountancy
answered on 08-Jun-20 15:56
Please sir, solve 3 to 4 problems with different adjustments in YouTube on Amalgamation of Companies (CA Inter New). Sathya sir told that he will think of this in one of his YouTube live conducted by indigolearn. Please sir ð???
latest answer
We will let you know once it is scheduled. Also near the exams there would be an option to buy individual chapter. You can think of that option.
karthik jois
CA Inter
★ 0
1
707
Title of videos require change
Accountancy
answered on 05-Jun-20 17:47
Consolidated FS video 52 title and video 53 title are wrong. Video 52 should be titled downstream transactions while 53 should be titled upstream. Also within the opening 1 minute of video 53 you will find its written "Selling price of Holiding" (which is surely a copy paste job, but anyways...) it should be Subsidiary not holding. Error is identifiable by looking at the thumbnail only.
latest answer
Rectified! Thanks for reporting
Kumarjit Dey
CA Inter
★ 4K+
2
768
Why we need to create own debentures investment account??
Accountancy
answered on 05-Jun-20 10:30
Purchase of debentures Own debentures a/c Dr To bank a/c. Then Cancellation of own debentures X%debentures a/c Dr To own debentures ANYWAY ITS CANCEL EACHOTHER, then why we want create own debentures account WE CAN USE THE TERM AS REDEMPTION??? same treatment as redemption and own debentures also why we treat as own debentures??
latest answer
Tq
Kanaga Mani
CA Inter
★ 3K+
3
721
Course validity
Accountancy
answered on 15-Oct-20 18:07
I am studying CMA if I am buying one subject means can I have the validity period.
latest answer
There is no update on CMA courses
Vikash Rajan
CA Inter
★ 0
5
678
Redemption of debentures
Accountancy
answered on 05-Jun-20 10:30
Why we treat own debentures as investment? And explain the concept of own debentures
latest answer
'Own Debentures Account', is opened in the books when a company buys its own debentures for investment purposes and not for cancellation. Company can buy its own debentures before redemption and show it as an investment at the purchase value and cancels it at the time of redemption. Also, Companies act permits buy back of securities if articles permits
Kanaga Mani
CA Inter
★ 3K+
1
670
Redemption of debentures
Accountancy
answered on 03-Jun-20 10:32
In book back illustration 2 In solution they created DRR investment account but they didn't create for DRR account ?? Why
latest answer
The illustration says - Its a public issue and also assuming it to be a listed company - DRR is not required Note - Other listed companies for both public as well as privately placed debentures - No DRR is required
Kanaga Mani
CA Inter
★ 3K+
1
801