Forums
Branch account
Accountancy
answered on 14-Oct-23 10:23
Here is it given head office sent goodd to branch at cost plus 25%. But in answer transfer has taken take in cost. Is it correct?
latest answer
1,00,000 includes cost+25%
Pooja .
CA Final
★ 210
1
370
NPO PRATICAL SUM 1
Accountancy
answered on 14-Oct-23 12:27
Adjustment 4 50%of entrance donation was to be capitalized.. There was no pending membership as on 31 March 2020 What is the meaning there was no pending membership as on 31 March 2020
latest answer
No outstanding
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SRIHARI K U [XI-D]
CA Inter
★ 4K+
1
450
Accounting for financial instruments
Financial Reporting
answered on 14-Oct-23 16:17
Extinguishment accounting given in page 12.164 Module 3 of ICAI study material. This is covered in your video lecture also. What I am trying to understand is bonds are redeemable at the end of 10 years. We do not calculate present value of Rs 10 lakhs only interest portion present value is calculated. Reason for not calculating present value of Rs 10 lakhs effective interest rate and interest on bond is same. Am I correct?
latest answer
Interest portion plus principal present value is calculated
swaminathan sundaram
CA Final
★ 110
1
405
Cost of capital
Financial Management
answered on 17-Oct-23 19:05
In illustration icai took Ko = market price but in the practical question they took Ko = issue price, while finding Kr.... Why??? And which one is correct??
latest answer
Retained Earnings are not traded in the market unlike Equity shares. So when the data of issue price and flotation cost is given, the ideal method is to take consider issue price alone for Kr and floatation cost also for Ke. As institute followed 2 methods. It’s is advised to mention a note in the examination saying that Alternatively Kr may be computed using MP also
Ashish Jha
CA Inter
★ 45
5
603
Buyback
Accountancy
answered on 17-Oct-23 18:21
should we consider current maturities of long-term borrowings in the calculation of loan funds?
latest answer
Yes we have to consider
Sujitha M
CA Inter
★ 1K+
3
403
Buyback
Accountancy
answered on 14-Oct-23 12:29
Why are marked 2 numbers different? Is there something I'm missing?
latest answer
We should consider 3 tests, not 2 tests. Here, least of the following is to be taken 1. Shares outstanding test - 31,250 shares 2. Resources test - 39,063 shares 3. Debt Equity ratio test - 28,750 shares Co. can buyback shares upto a maximum of 28,750 shares. But co.wants to take only 25,000 shares only, it is under the limits of maximum buyback shares. So co.can buyback 25,000shares. In the ans. they given wrong in Debt equity ratio test. Take as above as I said and do like that.
Sujitha M
CA Inter
★ 1K+
4
548
Jayanthi
Maths & Stats
answered on 14-Oct-23 08:11
If A: B= 3:2 and B: C 3:5, then A: B: C is Please explain this sum, sir.
latest answer
A/B=3/2 and B/C=3/5 2A=3B,5B=3C multiply with 5, multiply with 3 both sides 10A=15B,15B=9C 10A=15B=9C
Kumari Jayanthi
CA Foundation
★ 2K+
2
451
Material of answers to illustrations
Financial Reporting
answered on 17-Oct-23 15:56
Is there any material for FR illustration answers in 1fin?
latest answer
Dec-
Jagadeesh Kunapareddy
CA Final
★ 6K+
3
389
Final
Others
answered on 14-Oct-23 10:47
Video lecturers are not available . pl do the needful sir immediately.
latest answer
Classes are working fine for all. If you are facing an issue, please email us with attachments at support@indigolearn.com
Js Giri
CA Final
★ 40
2
336
Carrying cost
Costing
answered on 14-Oct-23 11:33
Why carrying cost/storage cost is expressed as percentage on purchase price And why carrying cost does not change when there is any discount on purchase prise
latest answer
Carrying cost is also opportunity cost of Purchase price, thus, it is applying in the purchase price Carrying will change when there is discount on purchase price.
Mudavath Sravani
CA Inter
★ 1K+
6
441