Forums
NRV of Raw Materials
Financial Reporting
answered on 14-Nov-24 08:47
Sir ,If the finished goods are expected to be sold at below cost, then raw materials and work in progress will be valued at NRV and NRV in case of raw materials is its replacement cost. Is it always necessary that the replacement cost is below actual cost of raw materials where finished goods are sold below cost ? If there is a possibility that replacement cost is higher than actual cost of raw materials where finished goods are sold / expected to be sold below cost, then how it should be dealt with?
latest answer
Thank you sir
Lekshmi N.Kumar
CA Final
★ 2K+
2
406
Agru income
Direct Taxation
answered on 16-Nov-24 13:03
Question 2 answer Already they given separately how to calculate now?
latest answer
Apply the partial integration concept discussed in class.
Saniya Balekai
CA Inter
★ 285
2
409
Ind AS 108 Operating segments
Financial Reporting
answered on 19-Nov-24 15:09
Why additional disclosures and AS vs Ind AS comparison is not provided in the notes.
latest answer
Notes is updated and uploaded in the free resources on our app. Please refer the below link https://www.indigolearn.com/resources/Notes/CA-Final/c631ed476165487eb04b4477ae3986e3/CA-Final-Financial-Reporting-Notes/d6544546f8b944fd83d6103c60c0c938/r
Dhanushree Shanmugam
CA Final
★ 3K+
2
190
IBS mcq
Electives - Final
answered on 15-Nov-24 05:15
Sir, please provide answers to IBS mcq. It will be helpful.
latest answer
https://1fin.link/resource/4d8741e2d80548548c5cc216f96d588c/3ca3844760a7441fbcb4da67157a2e9e Check the Video below https://youtube.com/live/G_0G6IKPI4w
Jaswanth Sai
CA Final
★ 0
1
434
AS-11
Accountancy
answered on 13-Nov-24 19:20
Can anyone explain the depreciation part in this question
latest answer
The cost has not been given directly. It has been implicitly given as 3000L since the Loan was for 3000L, and the PPE was fully financed by the Loan Then we add the exchange loss to cost of PPE because they've exercised the option to capitalise exchange differences arising from a Long Term Monetary Item, which amounts to 100L Depreciation is thus calculated on 3100L
Gokul N. K
CA Inter
★ 0
1
467
Best alternative
AFM
answered on 14-Nov-24 06:26
Is this view acceptable sir? I've solved it in a different perspective of which option reduces the least value for the acquirer
latest answer
Ok sir This perspective just struck my mind while seeing the illustration & that's why I asked Will solve it from the perspective that what is paid vs what is received w.r.t the target
Vigneshwar M
CA Final
★ 2K+
2
508
SPOM
Others
answered on 14-Nov-24 14:43
I have cleared my CA inter G1 in May'22, joined articleship on Feb'23 and cleared G1 under new scheme on Sep'24 May I know what are SPOMs are applicable for me ?
latest answer
You have written 6 subjects hence all 4 SPOM are applicable.
Kishore Babu
CA Final
★ 8K+
6
529
Indian Origin
Direct Taxation
answered on 16-Nov-24 13:03
Grandparents not born in undivided India Relatives born in undivided India Indian Origin ? Cause relatives include parents & Indian Origin mean parents and grandparents if born in Undivided India
latest answer
A person is of Indian origin only if he or any of his parents or any of his grand parents are born in undivided India.
Sushmita Chowdhury
CA Inter
★ 2K+
3
498
Cost sheet
Costing
answered on 10-Dec-24 06:54
Will this item be included in cost sheet If yes,why?
latest answer
It will be considered for calculation of cost of sales. When I said 'not considered in cost sheet', I meant till Cost of Goods Sold. Interest is a period cost. Sorry for the ambiguity 😅
Monika T
CA Final
★ 7K+
3
477
Test
Financial Management
answered on 22-Nov-24 10:04
Sir , can you please send answer book I will recheck Because, there is no more time for enrolled course Due to my delivery and postpartum time I'm not prepared well For that I will write some other day So, answer book will available
latest answer
You can submit it later and it will be evaluated.
anju B
CA Inter
★ 21K+
1
451