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Illus -5 (Balance in Equity)
Financial Reporting
answered on 19-Nov-25 07:21
“Sir, in the given question, we have debited Employee Benefit Expense for ₹1,72,000 (₹80,000 + ₹92,000). However, at the time of settlement, we have paid only ₹1,32,000. The remaining balance is shown in equity. What does this equity balance represent, and how will it be extinguished in the future?”
latest answer
It will be shown as a separate component other equity. Later can be used for bonus
Seema Jain
CA Final
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1
158
Decision ill 1
Financial Management
answered on 18-Nov-25 20:27
Sir we have noted invested,liquidate, borrow we do invest when receipts more than payments and we done liquidate when receipts less than payments , Then, when we have to borrow?
latest answer
when there is no balance to liquidate
21SCO08 mahalakshmi
CA Inter
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1
150
ill 1
Financial Management
answered on 18-Nov-25 20:20
Sir why we have not taken 72 in collection from debtors computation [Video Time Stamp: 07:01]
latest answer
Yes
21SCO08 mahalakshmi
CA Inter
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2
168
Change in Group
Exams
answered on 19-Nov-25 07:27
One can change exam group in correction window?
latest answer
Thank you
Gomathi K
CA Final
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3
334
Clarification Needed on Provision Relating to Engagement Partner in Q2 Answer
Auditing
answered on 19-Nov-25 13:28
Good Evening Mam, I reviewed the answer for Question No. 2, but I am unable to understand why the first part of the provision (relating to the Engagement Partner) was included. Could you please explain the reasoning behind its inclusion
latest answer
The first part is included to show WHY the Engagement Partner is responsible. Without that, the answer has no base. SA 220 places ULTIMATE RESPONSIBILITY on the Engagement Partner. So ANY question about non-compliance, documentation issues, supervision failures, or quality problems, the answer MUST start with: As per SA 220, the Engagement Partner is responsible for the overall quality on the audit engagement…”
Neelapu Someswarao rao
CA Final
★ 0
1
166
journal entry
Accountancy
answered on 19-Nov-25 07:11
why are we crediting bank acc instead of splitting the amount like ; to Construction of WIP ac 1020000 to Borrowing cost 74189 [Video Time Stamp: 19:07]
latest answer
If borrowing cost / Interest is already recorded then we can pass the entry as you suggested
Rithu V
CA Inter
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1
195
Difference in methods
Accountancy
answered on 28-Nov-25 13:17
Sir Why are we are solving Ill 6 and 9 in different methods, and what is the necessity of such difference
latest answer
Both assumptions are acceptable. You can follow this assumption for exams.
Rithu V
CA Inter
★ 7K+
1
163
Provisions
Auditing
answered on 19-Nov-25 13:41
Mam whether this applicable for the states maharashtra, gujarat or for all? whether the states of maharashtra, gujarat should registered as a trust as per the provisions of the IT Act and FCRA [Video Time Stamp: 26:50]
latest answer
Under IT AND FCRA , all have to register irrespective of the state .
21SCO08 mahalakshmi
CA Inter
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1
213
Jan 2026 CA final
AFM
answered on 18-Nov-25 10:39
Sir..in free resources the file of important questions for AFM important questions is not accesible...please tell me how to download it??
latest answer
Thank you sir
Aditya Kulkarni
CA Final
★ 0
2
197
Cluster Sampling
Auditing
answered on 19-Nov-25 13:31
Mam, am i correct to understand that under cuuster sampling, the population is stratified into stratum, i.e hetrogeneous population is classified as groups of homogeneous populations. and these homogeneous population is considered as clusters? [Video Time Stamp: 02:12]
latest answer
No. It’s clubbed into groups . They are usually similar in nature and then entire cluster to picked Randomly to check the assertion .
Vinod Kumar
CA Inter
★ 11K+
1
201