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categorisation of non companies

Accountancy

answered on 09-Oct-25 14:33

where can i find the material for change in this categorisation? the study material still has 4 levels [Video Time Stamp: 00:43]

latest answer

thank you

Ritu Kotian

Ritu Kotian

CA Inter

★ 19K+

6

205

Earnings Price approach

Financial Management

answered on 02-Oct-25 14:52

Sir i find it difficult to understand how the earnings of the company is acting as cost. In case of Dividend, it is something payable to the shareholders, hence this can me termed as cost. But how Earnings is termed as cost . IF am not wrong!, is it in the sense that, the more the company earns, the more it can pay dividend. ? [Video Time Stamp: 05:24]

latest answer

so its a cost for company being an atificial person. Understood sir!!

Vinod Kumar

Vinod Kumar

CA Inter

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2

184

EOQ

Costing

answered on 03-Oct-25 10:23

Sir, can you explain how we got the formula EOQ = (2AO/C)^2 [Video Time Stamp: 03:47]

latest answer

At EOQ

Dova Shaji

Dova Shaji

CA Final

★ 520

3

274

IRR FORMULA

Financial Management

answered on 01-Oct-25 21:08

sir, the fomula is digged deeper in my memory because of the visual representation you gave in previous video. i have one specific doubt in the fomula, (notwitstanding anything contrary to the text book of icai) the portion of the formula which has (LR-HR) will always be 1%, isnt it? even if we forget to write this portion in the formula we will still be ariving at right answer. Suppose in a hurry we forget to write the fully fledge formula, marks will be deducted? [Video Time Stamp: 03:18]

latest answer

but yes, i agree, that in exams it will depend on the question. the question might provide us the two nearest rates, and probably they might be in decimal values as well. so i agree. I will stick with the forumal.

Vinod Kumar

Vinod Kumar

CA Inter

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3

243

Loan provided to Investees

Financial Reporting

answered on 01-Oct-25 18:59

Sir in the second condition it is mentioned that business purpose is to invest solely for returns from capital appreciation, investment income or both. If loan provided to Investees,then how come it satisfies the second condition?Could you please clarify on this matter

latest answer

Investment income

Harini Desu

Harini Desu

CA Final

★ 2K+

1

203

Inventory

Financial Reporting

answered on 04-Oct-25 17:35

Sir as mentioned in the last minute of the video , If inventory is sold reduce the same from retained Earnings .Could you please elaborate on this that why we need to reduce the same from retained earnings.

latest answer

When inventory is sold the difference between cost and selling price is recorded as profit. Now earlier the difference between fair value and cost/carrying amount is already recognised as a part of profit at the time of acquisition. To avoid double counting of profits, we reverse the profits earned.

Harini Desu

Harini Desu

CA Final

★ 2K+

1

179

Illustration 6

Indirect Taxation

answered on 01-Oct-25 12:02

4th one Sir, even though he is dependent wholly on her, that is not for business purposes — it is only for marriage and personal reasons. Does supply cover this? [Video Time Stamp: 00:06]

latest answer

From supplier point of view, it is in the course or furtherance of business.

RIHAN P.R.

RIHAN P.R.

CA Inter

★ 120

1

248

Exam

Direct Taxation

answered on 01-Oct-25 12:02

Sir, is it necessary to write working notes and NOTES for exam along with the actual answer? Do they carry marks?

latest answer

Yes we should do that.

Dova Shaji

Dova Shaji

CA Final

★ 520

1

224

Gain on disposal

Financial Reporting

answered on 29-Sep-25 10:17

Sir, if the asset was not reassessed at Rs. 30 lakhs but directly sold at Rs. 30 lakhs, will we show gain on disposal as 3.5 lakhs or 1 lakh (after deducting the balance c/f impairment loss)

latest answer

The difference between sale proceeds and carrying amount (in books) is recognised as gain in P&L. Reversal of impairment is not done in this case.

pooja lakshmi

pooja lakshmi

CA Final

★ 2K+

1

312

About Account Formula

Accountancy

answered on 29-Sep-25 10:15

what is the formula for liability [Video Time Stamp: 00:00]

latest answer

Assets = Equity (capital) + liability Liability = Assets - Capital

Haneeksha SR

Haneeksha SR

CA Foundation

★ 0

1

218