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May 2023 RTP FR Question16
Financial Reporting
answered on 10-Oct-23 13:26
Question 16 page 15 question from Ind AS 109. The below journal entry I have mentioned is it correct Investment Debit Rs 38500 To Cash Credit Rs 25000 To Deferred Payment Rs 13350
latest answer
Yes
swaminathan sundaram
CA Final
★ 110
1
306
Brs
Accountancy
answered on 08-Oct-23 18:22
A cheque drawn by b . Phillip charged by A.
latest answer
Kindly elaborate your query thanks.
Nayan
CA Foundation
★ 360
1
393
ITT and oc course related
Others
answered on 12-Oct-23 13:58
I am going to appear in nov 23 inter group 1 , so can I register for ITT and oc course now ??
latest answer
You can refer to the website
Anjali S
CA Inter
★ 0
5
354
Lease accounting Ind AS 116
Financial Reporting
answered on 10-Oct-23 14:14
Question 16 given in May 2023 RTP Deferred lease incentive where to show in balance sheet non current liabilities ??
latest answer
can you elaborate your query?
swaminathan sundaram
CA Final
★ 110
1
392
May 2023 RTP Question 8 PPE
Financial Reporting
answered on 10-Oct-23 14:15
In this question I calculated interest expense on Rs 10,00,000 10 lakhs divided by 1.10 it is 909090 . This is rounded off to 100,000 in RTP answer Am I correct in my understanding. Journal entry is given below Interest expense Debit 100000 To Provision for decommissioning Credit 100000 For increase in decommissioning liability I pass below mention entry Plant A/c Debit 300000 Decommission liability Credit 300000 Rs 1000000 adjustment done in RTP I am not able to understand
latest answer
Pls go through the RTP video which I have shared.
swaminathan sundaram
CA Final
★ 110
1
391
Extra class
Corporate & Other Laws
answered on 08-Oct-23 08:06
What about the chapters added in the ca foundation law(agency, bailement etc..) ..is these chapters are in syllabus for Dec 23
latest answer
No
Ajitha Palaniyappan
CA Foundation
★ 0
1
385
Revision Test Paper May 2023 Question 6
Financial Reporting
answered on 10-Oct-23 14:17
Question 6 RTP May 2023 borrowing cost when I solved this for the year 20X2 - 20X3 I have not taken 1.875 crore * 3mnths / 12 months as already it is covered in calculation 5 Crore * 3 /12 and 25 crore * 3 /12. My understanding is not clear here. I feel that it is taken for second for calculation and omitted it. Kindly let me know why take it again With Regards Swaminathan
latest answer
Detailed solution. - https://youtu.be/vRJ3dLooBK8?si=Z8hDU5jt2wyEylt8&t=2017
swaminathan sundaram
CA Final
★ 110
1
394
As 3
Accountancy
answered on 08-Oct-23 10:40
As on 31.3.22 Fixed deposit is maturing on 15 .4.22. As it is maturing within 15 days why it is not treated as cash and cash equivalents.
latest answer
Always Wlcm ✨
Krishnan K
CA Inter
★ 5K+
4
471
As 3
Accountancy
answered on 10-Oct-23 16:22
Short term investment in preference share is cash flow or not
latest answer
date of acquisition.
Krishnan K
CA Inter
★ 5K+
6
352
Value of supply
Indirect Taxation
answered on 08-Oct-23 13:47
In given MCQ , please explain me that why not tcs amt treatment done as it says that in 3,84,000 it included.
latest answer
Thanks
Mehak K
CA Final
★ 3K+
10
601