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Inventory valuation.

Financial Reporting

answered on 05-Apr-26 13:22

There was a example of contract in lecture no 16. It said "let us say we sale inventory in april,may,june and finalize balance sheet in June, then as on 31/03/2026....." This portion was confusing. [Video Time Stamp: 09:18]

latest answer

Whats your exact doubt?

Gourav Maniyar

Gourav Maniyar

CA Final

205

1

38

Business economics is normative in nature

Economics

answered on 06-Apr-26 16:46

Business Economics is a practical or normative Economics which is based on value based decisions , for example if a worker in the factory got injured due to the machinery the person get fired from his job in spite of the work or service he had given to the company still a long time . according to value based decision or normative economics ,we have to help him or provide him work even though he is disabled to that work. how can you support that business economics is normative in nature in this example

latest answer

Business Economics is called normative because it tells us what should be done, not just what is happening. In your example, a worker gets injured while working in the factory. A normal (positive) decision would be: The worker cannot work properly and hence remove him from the job. But Business Economics (normative approach) says: The company should help the worker, because he was injured while working for the company.

Renuka chitrada

Renuka chitrada

CA Foundation

760

1

64

Q

Financial Reporting

answered on 09-Apr-26 15:04

Sir, the effect of the entry is increasing investment by 160, and reducing by 120.But the carrying amount already includes 20% share. Shouldn't the calculation be like this- 10% stake lost(reduce by 120) Balance 20% stake in Carrying amt-240 20% stake (based on consideration)-160 Loss on dilution-80? [Video Time Stamp: 00:53]

latest answer

You can understand wth this working.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

2

48

Query on ITC

Indirect Taxation

answered on 12-Apr-26 23:32

Dear sir, As mentioned by you if the margin scheme is opted no ITC can be claimed. But is this ITc related to the modification of the car? For example if the person registered opted for the margin scheme is taking advertising services or renovation of the office can the gst ITC claimed on this?? [Video Time Stamp: 13:45]

latest answer

Law says ITC cannot be claimed. It is not specific on any particular input.

Divyashree Hemanth

Divyashree Hemanth

CA Final

5K+

1

57

Sec14

Indirect Taxation

answered on 12-Apr-26 23:32

Change in rate of tax,in WhatsApp situations does rate of pay tax difference arise [Video Time Stamp: 05:18]

latest answer

Can you elaborate your question.

Mahalakshmi P

Mahalakshmi P

CA Inter

1K+

1

26

Gain loss

AFM

answered on 04-Apr-26 06:01

if position is long then we are buying in future but price decided today (ex 100 rs), so as compare to present price increase in future (110) than it is gain to us.. we will get 110 rs in only 100. so, direct relation with long position in short position - now 100 , future increase to 110, so we are selling less than market price, so loss . inverse relation with short position. is it correct .? [Video Time Stamp: 15:28]

latest answer

Yes 👍

Vinod Kumawat

Vinod Kumawat

CA Final

1K+

1

42

Illustration 39 vs 28

AFM

answered on 04-Apr-26 06:02

We have solved a question similar to Illustration 28, where the initial growth rate was 18% for the first four years and then declined linearly to 14%. While solving that question, we included the 8th year (i.e., the year in which the growth rate declined to 14%) as part of the explicit forecast period, computed its present value separately, and then calculated the present value of the price at the end of the 8th year. However, in the present question, where the growth rate declines linearly to 16%, we have not considered the 8th year (i.e., the year in which the growth rate reaches 16%) as part of the explicit forecast period. Instead, we have taken the value at the end of the 7th year itself and computed its present value accordingly. Could you please clarify the rationale behind this difference in treatment ?

latest answer

Try solving by either method on excel You will get same answer 😀

Mhd Mmp

Mhd Mmp

CA Final

585

1

30

Actuarial loss and gain

Accountancy

answered on 04-Apr-26 09:41

Sir, In the table actuarial loss has been is shown as (-), Shouldn't it be (+)?? [Video Time Stamp: 05:55]

latest answer

Loss increases both liability and expense. Can you let me know exactly which part of table are you referring to?

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

645

1

34

SA 210 and 220

Auditing

answered on 20-Apr-26 17:19

hello, is SA 210 and 220 videos repeated again here? same videos?

latest answer

This is basically to connect with institute study material. It wil be the same

Ritu Kotian

Ritu Kotian

CA Inter

19K+

3

34

Subtitle

Auditing

answered on 04-Apr-26 09:42

Is there a way to enable subtitle for those enrolled videos

latest answer

Currently, it is not possible to enable subtitle.

surya shiva

surya shiva

CA Inter

4K+

1

38