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Value of supply - Quiz 4
Indirect Taxation
answered on 14-Apr-25 17:54
Could you please explain and give the correct answer Sir?
latest answer
Most Welcome.
Dhivyaa Latha
CA Inter
★ 4K+
5
292
VALUE OF SUPPLY - QUIZ 3
Indirect Taxation
answered on 14-Apr-25 20:22
What's the correct answer to this, Sir? Could you please explain?
latest answer
Got it, Sir. Thank you so much.
Dhivyaa Latha
CA Inter
★ 4K+
4
349
IND AS 37
Financial Reporting
answered on 09-Apr-25 14:39
Sir if probability is 50% then shd it be considered as probable or not,
latest answer
Probable
R Yashwanth Kumar
CA Final
★ 87K+
1
282
Joint and By Products
Accountancy
answered on 15-Apr-25 10:29
Sir here the processing cost is not given in the qtn.. is it printing mistake or is there any assumption for that..? 2nd query In the conversion cost of Bomex the per unit cost is solved as 350000/125000 = 2.8 but in the question it is only 12500 units Is this also a printing mistake?
latest answer
Notes is rectified.
susan kavumkal
CA Inter
★ 1K+
2
350
As11
Accountancy
answered on 09-Apr-25 12:25
Can a new company follow para 46 or para 46A ? Or can an existing company who followed this before can continue following ?
latest answer
Pls elaborate your query with dates.
Sushmita Chowdhury
CA Inter
★ 2K+
1
384
Wrt date
Indirect Taxation
answered on 10-Apr-25 18:08
If it’s saying 61st day from 17/2 then 17/2 is included or excluded Pls show the calculation
latest answer
Right.
Sushmita Chowdhury
CA Inter
★ 2K+
3
346
Conceptual Doubt of Cost of Fund
AFM
answered on 09-Apr-25 10:01
In this illustration we have considered interest on premium paid GBP 457.19 Which finally added to outflow (Taking Int Rate as borrowing rate 7%). Now my question was premium which we paid itself a cash outflow. So, now we are finding Interest on premium which is taking into account cost of fund concept. Now in line with this view Int on premium should compute using deposit rate of Uk 5.5% and technically it comes to GBP 359.22(Casg inflow). Therefore, Net outflow comes to GBP 2,27,563.22 Is thinking by this logic correct one?
latest answer
Interest cost
RAKSHA
CA Final
★ 0
2
404
IND AS 37
Financial Reporting
answered on 09-Apr-25 12:26
Sir in this illustration as mentioned, on what we will check for impairment, kindly explain this impairment related to onerous contract
latest answer
We will check relevant CGU for impairment based on cashflows etc. if impairment exists, first we book that loss. Balance amount booked as provision for onerous contract.
R Yashwanth Kumar
CA Final
★ 87K+
1
292
Books of Nafa Ltd.
Financial Reporting
answered on 09-Apr-25 17:15
Sir, is it that the PC is paid to shareholders (65%) of the acquiree, hence the acquiree (in its standalone FS) will not pass any entry, except for the payment of expense?
latest answer
Acquiree would not pass entry if the payment is directly made to the shareholders.
Denz Philip
CA Final
★ 10K+
1
261
Financial statement PY question
Accountancy
answered on 09-Apr-25 09:15
Can you guyz please explain how credit sales ans total sales can be calculated from the given details 🤍
latest answer
Credit sales balance is for 1.5 months = 1,50,000. The total credit sales for 12 months will be = 1,50,000 / 1.5 X 12 = 12,00,000 Total sales = 12,00,000 + 20% cash sales = 12,00,000/80% X 100% = 15,00,000
Aswathy Omanakuttan
CA Inter
★ 0
1
258