Forums
Amalgamation exps
Accountancy
answered on 09-Oct-25 10:02
Is it optional to journal entry amalgamation expenses or we can leave it and also illustration 5 of study material - interest is due ,we have to transfer interest to realisation account or entry for payment anything is not given in additional information
latest answer
If amalgamation expense details are given - you need to journal it. Interest payable - this might be taken over by the purchasing company. If it is paid by the selling company, you can transfer to realisation account and then pass the payment entry Realisation A/c Dr. To Bank A/c
Anushka Kumawat
CA Inter
★ 0
1
144
Doubts in Illustration 24
Financial Management
answered on 07-Oct-25 14:07
1. Sir, in video lecture no. 25, where in you have explained that the ICAI have comeup with simplifying the terms regarding Net Proceed, stating that, in questions, we need not worry about redeemable or irredeemable cases wrt to Market value of book value. It was Mentioned that if the issue price is given, or mentions about at par/premium/discount in the question were made, then we can choose such IP, only in absence of these info. we can choose MP. But in this question, even though the question has mentioned that the IP was at Par, we assumed it to be made at MP. this method is in contrary of the video lecture 25, where we are continuing to follow the old model of calculating NP. 2. Sir, here at this point( after fresh issue) you have assumed that the cost of retained earning is to be the same as earlier. i.e. 16% alternatively, why cant we assume that , due to additional issue of fresh equity shares, the cost of retained earning has also been increased and the new cost of retained earning is 18.25% as computed in the later Ke. [Video Time Stamp: 09:48]
latest answer
K of RE is existing RE and Ke of 18.25% is Ke of fresh addition to equity . you cannot assume both to be same Question no where says issued at PAR - it only says fully paid up at PAR - both are different . pls have a relook at video specifically between minutes 3 & 4
Vinod Kumar
CA Inter
★ 11K+
1
138
Payment through Electronic Cash Ledger
Indirect Taxation
answered on 09-Oct-25 16:52
So now it's permitted to make payment at International courier terminal through electronic cash ledger? [Video Time Stamp: 04:00]
latest answer
Yes.
Yug Bhattad
CA Final
★ 63K+
1
159
Variation in answer due to decimal values
Financial Management
answered on 07-Oct-25 06:07
Sir, I took 3 values after decimal, and got Ko as 14.001% [Video Time Stamp: 07:25]
latest answer
That’s ok Marks won’t be deducted
Vinod Kumar
CA Inter
★ 11K+
1
117
Set B Exam
Exams
answered on 07-Oct-25 18:06
Sir, I completed my CA Inter in Nov 2022 and I’m applicable only for Set A and Set B. I’ve already completed Set A and cleared the exam, but Set B is still pending. I’m planning to write CA Final in Jan 2026, and the exam form window starts on November 3. Should I complete and clear Set B before November 3 to be eligible to fill the CA Final exam form, or will it be fine if I complete it after that?
latest answer
Okay Sir. Thank you for the clarification.
K Vamshi
CA Final
★ 14K+
4
188
AS-12
Accountancy
answered on 06-Oct-25 14:15
Can I get the AS 12 explanation video
latest answer
Its included as a part of your course. Let me know which specific aspect you are looking at.
Snehashis Mohanty
CA Inter
★ 35
1
135
Subsequent Revaluation ( Increase )
Financial Reporting
answered on 06-Oct-25 14:30
Sir, The Subsequent Revaluation increase = ₹ 200 First time it was Downward Revaluation = ₹ 100 ( Charged to P&L-Loss ) So in Subsequent Revaluation we'll Charge the Increased value to the extent of earlier Loss charged at P&L = ₹100 And the Remaining Value = ₹100 will be carried out to Revaluation Surplus Under OCI Under Equity??? So 2 Entries has to be passed right?? [Video Time Stamp: 13:16]
latest answer
Thank Sir for the Clarification.
Mohanbabu N
CA Final
★ 3K+
2
112
Interest rate considered while measuring FV
Financial Reporting
answered on 06-Oct-25 17:03
Sir, During the measurement of Fair Value (FV), to determine the Market Rate of Interest, we consider it as if the entity needs to borrow today at the rate it would obtain (which is influenced by various factors, including creditworthiness). Is it correct? Or do we consider interest rate applicable to the nature of loan which is applicable to the industry as a whole? [Video Time Stamp: 16:27]
latest answer
It is entity specific.
Sai Eswar Kolli
CA Final
★ 30K+
1
116
Inventory stock out doubt
Costing
answered on 17-Oct-25 17:01
Sir, in this case when our safety stock is 100 units, and we have been stock out for 100 units 2 times, impies we have been stock out for a total of 200 units in the year? Also sir, is the different stock out ( i.e, 100, 80 etc) the different cases of being stock out in a financial year?
latest answer
100 per instance.
Dova Shaji
CA Inter
★ 520
5
140
Illustration 8
Accountancy
answered on 07-Oct-25 13:57
In the trading p and l account in the books of branch, whether the stock should always be valued at cost price ? or invoice price ? [Video Time Stamp: 10:50]
latest answer
In trading P&L account method, we consider it at cost.
Ajay Kumar
CA Foundation
★ 1K+
1
137