powered by logo

Forums

Back

Average due date

Accountancy

In illustration 11 I have two doubts. First in calculating the interest by original system for A in the vedio sir have calculated the period by months but for B the period was calculated in days, Why? We can calculate in month itself na

a3558471-c5d0-44b4-b5c3-5eceebb7640e.jpg

Lathika

Lathika

CA Inter

6K+

07-May-22 14:25

527

Answers (11)

Yes


Swetha S

Swetha S

CA Inter

15K+

07-May-22 15:06

As number of days are given he might have calculated it. Rather than converting days to months, days are used.


Swetha S

Swetha S

CA Inter

15K+

07-May-22 15:08

But in question days were not mentioned sis, then how can we calculate in days


Thread Starter

Lathika

Lathika

CA Inter

6K+

07-May-22 15:13

Can you post the entire question


Swetha S

Swetha S

CA Inter

15K+

07-May-22 15:14

ð???

Attachments

aa478c5d-1856-4375-b1fe-ede62fbdbfa4.jpg
de5759ce-9daa-4418-94fd-c1d5d90d86d3.jpg

Thread Starter

Lathika

Lathika

CA Inter

6K+

07-May-22 15:30

In A derivation of months ( ex: 1st July, 30th September) & In B derivation of days ( ex: 12th June, 11th August) is quite easyâ?¦ So itâ??s used. I think you got the logic behind such usage.


Swetha S

Swetha S

CA Inter

15K+

07-May-22 15:48

Sry sis I can't catch your point


Thread Starter

Lathika

Lathika

CA Inter

6K+

07-May-22 15:51

In point A Months are 1st July, 30th September, 1st November & 28th February ( Notice : Beginning Date & End date of months so the calculation of months is easy - exact number of numbers can be obtained) In point B Months are 12th June, 11th August, 9th February & 7th March (Notice : Dates provided are middle of the months - the exact month calculation is not possible - when you take 12th June itâ??s 9 months 18 days - In days calculation we can straightly obtain 292 days) So In 1st point we use months & 2nd point we use daysâ?¦..


Swetha S

Swetha S

CA Inter

15K+

07-May-22 16:10

In point B 12th June itâ??s 9 months & 18 days 11th Aug itâ??s 7 months & 20 days 9th Feb itâ??s 1 month & 19 days 7th March itâ??s 24 days Itâ??s not advisable to round off the months. I think now you are able to understand if not let me know.


Swetha S

Swetha S

CA Inter

15K+

07-May-22 16:14

Ss sis thank you so much for your detailed explanation


Thread Starter

Lathika

Lathika

CA Inter

6K+

08-May-22 06:12

Your Reply