As-19

answered on 13-Feb-24 20:46

Account receivable in the lessor book includes unguaranteed residual value. How this account will be zero as the amount of unguaranteed residual value is not recovered from lessee.

latest answer

OK. Thank you sir

sitaram kollepara

CA Inter

★ 2K+

2

209

Presentation of working notes

answered on 13-Feb-24 11:02

Sir, how do we present the working notes ? In some problems, it was presented in first step and another sum it was presented in after the some, so can you give the clarity of where to present the working notes in examinations ?

latest answer

You can write working notes before or after.

Jashvanth.K

CA Inter

★ 11K+

1

52

AS 9

answered on 13-Feb-24 08:10

If the goods are to be kept on hold due to no connectivity temporarily...say the road is damaged and the route is closed.As ,it is neither on buyers request nor on seller's want the goods are kept on hold.can seller recog the entire revenue in this case

latest answer

We need to check who will bear risk of loss

Nayana Kowshik

CA Inter

★ 120

1

209

Cash flow statement

answered on 13-Feb-24 14:41

How the amount of purchase of fixed asset was calculated in cash flow investing activities (34.5)

latest answer

Tried that and the value doesn't seem the same as in answer. Do you have the working please? Regards

Visruth Vichu

CA Inter

★ 890

3

244

Finance lease

answered on 12-Feb-24 21:23

In the books of finance lessee, at the date of inception asset and liability is recognised at lower of minimum lease payments or fair value. According to prudence no liability is understated. But here the lease liability is understated

latest answer

OK. Thank you sir

sitaram kollepara

CA Inter

★ 2K+

2

59

As 17

answered on 12-Feb-24 19:15

How dt segment result 5 came at segment A sir

latest answer

This is an example not requiring computation of segment results.

amrutha gcl

CA Inter

★ 2K+

1

191

AS 17

answered on 12-Feb-24 05:52

How to calculate segment result

latest answer

Segment revenue - Segment expense

amrutha gcl

CA Inter

★ 2K+

1

213

Quer about gst in indigo books

answered on 11-Feb-24 19:09

Please inform us whether gst is added in ca foundation indigo material so that we could purchase the same

latest answer

In the notes it is already available

Surya Kiranmayee

CMA Inter

★ 0

2

73

About accounting for gst

answered on 11-Feb-24 17:04

Could you please inform us where gst is available in ca foundation vedio lectures

latest answer

It will be added in March first week

Surya Kiranmayee

CMA Inter

★ 0

1

53

Reclassification of investment

answered on 17-Feb-24 15:24

If current investment is reclassified into non current investment then does the carry amount after reclassification should be as per current investment provision ( lower of fair value and cost) and vice versa for non current to current

latest answer

yes

Atharv Sankliya

CA Final

★ 3K+

3

173