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Impairment loss
Accountancy
answered on 28-Sep-20 16:22
Impairment loss is a Timing difference or Permanent difference??
latest answer
Timing. In future there would be loss when the impaired asset is actually sold.
Shravan Kumar
CA Inter
★ 25K+
1
692
UNAMORTISED PRELIMINARY EXPENSES
Accountancy
answered on 28-Sep-20 16:20
UNAMORTISED PRELIMINARY EXPENSES are DTA OR DTL?IF YES HOW
latest answer
Preliminary expenses are charged to P&L. For tax they are allowed over a 5 year period. Tax will be less in future - hence a benefit - hence DTA.
Shravan Kumar
CA Inter
★ 25K+
1
665
Business Organizations
Others
answered on 28-Sep-20 16:15
Is it sufficient to know about about companies incorporation year, ownership group, headquarters, CEO, CFO Then company's main products and subsidiaries Or should I focus on anything more.
latest answer
Ok sir
Swetha S
CA Inter
★ 15K+
2
741
Simple intrest
Maths & Stats
answered on 28-Sep-20 09:12
How to do this not understanding qn.20
latest answer
Let 3 parts be a, b & c . a + b + c = 44000 Interest amounts are equal for given data i.e a x 2 x 6% = b x 3 x 8% = c x 6 x 6% 12%a = 24%b = 36%c i.e 12a = 24b = 36c a = 2b = 3c so c is smallest converting all 3 parts into variations of c a = 3c b = 3c/2 a + b + c = 44000 3c + 3c/2 + c = 44000 11c/2 = 44000 c =8000
Roshan Zameer
ACCA Professional
★ 24K+
1
1K+
Time value of money
Maths & Stats
answered on 28-Sep-20 09:04
Not getting the answer ð??? how to solve this one
latest answer
Principal x 6/12 x 6.5% - Principal x 5/12 x 6.5% = 25.40 Principal x 6.5% x 1/12 x (6-5) = 25.40 Principal x 6.5% x 1/12 = 25.40 Principal = 25.40 x 12 /6.5% Principal = 4689.231
Roshan Zameer
ACCA Professional
★ 24K+
1
713
Ratios
Financial Management
answered on 04-Oct-20 18:57
In illustration 2 of the institute's textbook, I found the value of plant and machinery bought, I can't find the reason for my mistake . Can u please check and tell me,where did I go wrong? (In the picture)
latest answer
K , thanks sir
Swathi Krishna
CA Final
★ 8K+
6
740
Rtp may2019-AS 19
Accountancy
answered on 28-Sep-20 06:47
How is this computation possible ? I didn't understand the logic behind this computation.
latest answer
The return for lessor is 10%. The lessor would get lease payments + unguaranteed residual value. The present value of lease payments + present value of unguaranteed residual value should be equal to the fair value.
Swathi Krishna
CA Final
★ 8K+
1
683
AS19
Accountancy
answered on 28-Sep-20 06:49
In sale and leaseback, what is the logic(general) behind the amortisation of profits / loss ,as the case may be
latest answer
Sale and lease back is a structured transaction. I can sell the asset at a higher profit (above its fair value) and take it back on lease at a higher rental. Because i sold at a higher price, i will show higher profits. But the reality is that i will pay higher rent in future. So to ensure that profit and losses are reported properly, amortisation is done.
Swathi Krishna
CA Final
★ 8K+
1
690
Time value of money
Maths & Stats
answered on 28-Sep-20 06:50
How to do this one
latest answer
Compute total interest per annum - 80+420 Compute total principal. 5000 Divide interest by principal. 500/5000
Roshan Zameer
ACCA Professional
★ 24K+
1
715
Points to icash
Others
answered on 27-Sep-20 20:16
After burning points to icash, is there any time limit before which the icash should be used?
latest answer
iCash is valid for 1 year, iCash earned via burning points is valid for 6 months. Points are also valid only for 6 months. https://www.indigolearn.com/faq
vidhya ayyarappan
CA Inter
★ 5K+
1
755