Doubt in Intermediate - Group 1 Accounting Standards classes - AS 11 lecture - Module 4

Accountancy

Sir, I have a small doubt in the CA Intermediate classes - Group 1 Accounting Standards - AS 11 - Module 4 named "Forex loss for depreciable assets (Amendment)" which is a length of 11:30. I have a small doubt in the video duration from 9:25 to 10:00 . There Mr. Satya Raghu Sir concluded that in the Option 2 the journal entries are "P&L a/c Dr, To Forex loss a/c" - which are actually the journal entries of Option 1 , which I think may not be intentionally said by him and may be erroneously spelled by him. Kindly Can you see the video and clarify the doubt ? I just wanted to clarify and in no way I'm trying to make any faculty wrong.

Avasarala Vivek Aditya

CA Inter

★ 6K+

29-Mar-22 12:52

386

Answers (1)

Your point is valid. Those are journal entries of Option 1. Thanks for highlighting. We will rectify the video.

CA Suraj Lakhotia

Admin

31-Mar-22 16:32