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Acc
Accountancy
answered on 24-Feb-22 10:30
can anyone explain the seventh point which was given in below image in simple.terms..... Tq.
latest answer
A Ltd (lessee ) takes a building for 50 years with economic useful life of 55 years from B Ltd(Lessor) . As per lease agreement , at the end of lease period the ownership title of the building will be transferred to the lessee, then although lessor is legal owner till last instalment is paid, according to the economic reality, A Ltd is like the owner, because lessee is controlling building and is deriving maximum economic benefits from it and lease term is as good as useful life. So according to this concept the building will be recorded as an asset in the financial statement of the company, will be depreciated as any normal asset, and remaining payments will be deemed as a decrease in liability rather than lease rental.
Balachandar S
CA Inter
★ 59K+
3
591
Itt ot
Others
answered on 25-Feb-22 22:06
Can I do itt and ot training simultaneously?
latest answer
Thanks a lot!!
Yash Agarwal
CA Inter
★ 10
6
503
Security Valuation-Equities
AFM
answered on 23-Feb-22 20:36
Good Evening Sir, In Illustration-33 while calculation TERP why are we adding NPV of the project(it is Rs.+20cr in this problem). Can you explain me the concept behind it?
latest answer
Right issue is for raising money Money is for a project When money is invested in a project returns will accrue The Npv of project ( cash inflow - investment) will get added to value of the company So value of the company will increase Hence adding the npv to numerator in computing TERP
Suresh Avinash
CA Final
★ 3K+
1
773
??? How to buy
Others
answered on 23-Feb-22 22:56
How to buy individual chapter for ca foundation partnership chapter.... In indigo learn can anyone how to go ahead pls tell me......
latest answer
Ok sir tq..
Balachandar S
CA Inter
★ 59K+
10
611
Computation of output GST
Indirect Taxation
answered on 24-Feb-22 11:43
Computation of GST
latest answer
Pakka samjha ?
Chaya Thakur
CA Inter
★ 12K+
5
557
Doubt query
Corporate & Other Laws
answered on 23-Feb-22 16:37
I have downloaded ca inter law notes under free resources section My doubt is it updated material or not Which covering all amendments Including Nov 2021 Because they didn't mention that Specifically for may 2022 material I hope i will get a positive reply from anyone
latest answer
Yes dude!
Garre Manoj
CA Inter
★ 6K+
3
474
FM ECONOMICS Exemption if i clear my Group 1 under new scheme
Exams
answered on 23-Feb-22 15:32
Can i avail Fm Economics Exemption under new scheme if i clear IPCC group 1 under old scheme.please anyone Explain
latest answer
Tq bro
Sagar Medaboyina
CA Inter
★ 0
4
568
Inventory
Accountancy
answered on 24-Feb-22 10:35
Purchase during 1st April 29 April amounting to 10000 goods amount to 2000 not received till the date of stock
latest answer
Adjust 8000
himanshu vyas
CA Inter
★ 0
1
555
AICITSS
Others
answered on 23-Feb-22 12:40
Haven't register for ca final but completed ipcc and 2.5yrs of articleship can I do AICITSS before ca registration for ca final new course
latest answer
Thanks for the reply
Sandeep Singh
CA Final
★ 0
4
465
Applicability
Strategic Management
answered on 23-Feb-22 09:18
Is SM fasttrack revision in free resources are applicable for may 22?
latest answer
Yes
krithika K
CA Inter
★ 12K+
1
672