Forums
Journal Entry
Accountancy
answered on 18-May-26 09:04
Is the journal entry shown in the picture correct?
latest answer
who has deducted tds?
Snehashis Mohanty
CA Inter
★ 35
9
167
Modules
Exams
answered on 25-Feb-26 14:48
Sir I completed ca inter group 1 in November 2023 under old syllabus, and group 2 in September 2025 under new syllabus, which module sets I need to write??
latest answer
Thank you sir
Priyanka R
CA Final
★ 20K+
4
129
Alternate Interpretation
Financial Reporting
answered on 26-Feb-26 07:37
For case 2, the machine will be available for sale after it is ready. Doesn't this mean it is more like R&D for a new product? Can I answer it based on this interpretation?
latest answer
Oh ok, thank you sir
Vishnu Muraleedharan
CA Final
★ 32K+
2
111
Grants for operating in specific industry
Financial Reporting
answered on 26-Feb-26 07:36
Per ICAI module, the grants specified in Appendix A are to be credited on a systematic basis. But given that there are no conditions relating to operations, can we just recognise it fully upfront?
latest answer
Understood, thank you
Vishnu Muraleedharan
CA Final
★ 32K+
2
112
Produce one by one
Financial Reporting
answered on 26-Feb-26 07:33
Marine Ltd Q - If the Q specifies that only one ship can be constructed at a time (ie one by one), then can we capitalise the borrowing cost in respect of ships 2 and 3? Starting construction of ship 1 is a step towards starting for ship 2 as well. Is this right? [Video Time Stamp: 01:12]
latest answer
Thank you sir
Vishnu Muraleedharan
CA Final
★ 32K+
2
93
Suhana Ltd. Q No. 4. Substantial period of time
Accountancy
answered on 22-Feb-26 06:08
Sir, In the definition, Its given that 12 months is usually considered as substantial period of time for Qualifying Asset, But in this question, It's 11 months only, How is it right for us to assume that it is a substantial period? And no other data given such as co. considers 11 month also as substantial period of time. Is it okay to consider any period of time as substantial period if not given in case of construction?? If its less than 12 months, Isn't the Question supposed to be given "as per accounting policy of Co. N no. Months can be considered as substantial time?? [Video Time Stamp: 08:33]
latest answer
The question should have mentioned or alternatively we can take our assumptions. The 12-month period is only a general guideline, not a strict rule. If an asset takes close to 12 months (like 11 months) and is construction-related, it can still be treated as a qualifying asset
Jagadeesh Jaidev
CA Inter
★ 645
1
158
Study planner
Others
answered on 21-Feb-26 07:14
When I try logging into the study planner the next day morning, it still shows the logs of the previous day and I'm not able to logout once I've logged in the next day morning!
latest answer
😁
G Mohammed Mushtaq
CA Final
★ 15K+
3
187
Suspension
Accountancy
answered on 20-Feb-26 09:51
Sir, Should the interest expenses charge to P and L in case of suspension to be done on monthly basis??
latest answer
Ok sir
Jagadeesh Jaidev
CA Inter
★ 645
2
132
Cessation of Capitalisation
Accountancy
answered on 20-Feb-26 09:21
Sir, what if the completion is planned for 3 years. And for some reasonit gets delayed to 4 years. Should the capitalisation to be continued till completion only??
latest answer
Depends on reason
Jagadeesh Jaidev
CA Inter
★ 645
1
105
The book provided by you is sufficient for may26 exam ?
Strategic Management
answered on 19-Feb-26 18:38
Hi Sir, the book provided by you there is concept in descrition and questions and answers will those be sufficient for the coming may 26 exam ?.
latest answer
Yes.
Soma Ajay Reddy
CA Inter
★ 5K+
1
134