Forums

AS 2

Accountancy

answered on 14-Feb-24 09:40

Hello sir..in this sum I have a doubt how 10200 came..1100+10000-900.. opening raw material+ purchases - closing raw material, is it correct sir

latest answer

Production units is derived base on OS of RM, Purchases and CS of RM.

shanthini hariharan

shanthini hariharan

CA Inter

10K+

3

280

As-19

Accountancy

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

sitaram kollepara

CA Inter

2K+

2

257

Presentation of working notes

Accountancy

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

Jashvanth.K

CA Inter

11K+

1

86

AS 9

Accountancy

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

Nayana Kowshik

CA Inter

120

1

263

Cash flow statement

Accountancy

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

Visruth Vichu

CA Inter

890

3

305

Finance lease

Accountancy

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

sitaram kollepara

CA Inter

2K+

2

95

As 17

Accountancy

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

amrutha gcl

CA Inter

2K+

1

249

AS 17

Accountancy

answered on 12-Feb-24 05:52

How to calculate segment result

latest answer

Segment revenue - Segment expense

amrutha gcl

amrutha gcl

CA Inter

2K+

1

253

Quer about gst in indigo books

Accountancy

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

Surya Kiranmayee

CMA Inter

0

2

115

About accounting for gst

Accountancy

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

Surya Kiranmayee

CMA Inter

0

1

94