Forums
Branch accounts
Accountancy
answered on 01-May-24 21:15
In the stock and drs method, in stock adj a/c whether we should include the stock reserve of returned goods to HO ? Because in the ICAI module in the illustration they had included but not in the practice question. I attached the pic of the solutions
latest answer
Ohh okay, now I got where I made a mistake Thank you soo much sherli !!
Jashvanth.K
CA Inter
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4
356
Construction contracts
Accountancy
answered on 01-May-24 15:45
What is the answer to 2 and 3? And why? And how?
latest answer
See this broo
sradha krishna sunil
CA Final
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1
308
Inventory
Accountancy
answered on 01-May-24 20:25
What is the right ans to this ? And why?
latest answer
Option b
sradha krishna sunil
CA Final
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1
321
Change in group
Exams
answered on 01-May-24 11:56
Hello , I wanted to know I filled exam form for both groups and I got exemption in paper 6 .. but now I only want to appear in group 2 DT and IDT... Do I have to sit in group 1 papers as well ?
latest answer
Yes
Mayank Saini
CFA L1
★ 0
3
343
Loan Accounting
Financial Reporting
answered on 16-Mar-25 21:17
As in the attached picture, its a question which i framed, as the example you told in the video is framed to match the FV = PV of CF at market rate. I took a Interest rate of 10%, and the difference as mentioned in the Picture for 1.99L is amortised over the period. Right?
latest answer
Okay, sir. Thanks.
Visakh Sabu
CA Final
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6
210
Doubt in Illustration 17 of Impairment of Assets
Financial Reporting
answered on 02-May-24 09:25
Sir, in this question: 1) the third line mentions that "the machine does not generate independent cash flows". Can't this be taken to mean that the value-in-use is zero? 2) Suppose in scenario 2, it is only given that the management has an intention to replace the machine and sell it in the near future and nothing is mentioned about its value-in-use, will the answer differ from scenario 1? Is change in management's intention to replace & sell the machine enough to recognize Impairment Loss?
latest answer
1. No. It can generate cash with other assets in CGU. 2. If the management intends to not use the machine - it is covered by 105 and not 36.
Antara MuraliKrishnan
CA Final
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2
307
doubt regarding computation of cost and debt
Financial Management
answered on 03-May-24 17:22
sir,in this sum, while computing the cost of equity using the second method you have taken the cost of capital to be 15%(pre tax) and while computing the overall cost of capital you have taken the post tax cost of capital.why is that so???
latest answer
The computation of Ke in the 2nd method is based on formula, where Kd is pre-tax. Please go through the derivation of the formula in the video lecture to understand that better. Regarding the Overall cost, as per the fundamentals, it shall be computed based on post tax specific costs only.
aravind lalji
CA Inter
★ 0
2
287
Marginal Tax rate
Financial Management
answered on 06-May-24 12:59
Is there a difference between Marginal tax rate and Normal tax rate ?
latest answer
Ok sir , Thank you for your clarification
THARAKESH M
CA Inter
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2
306
Chances of clearing exam
Others
answered on 03-May-24 11:52
I have done first 4 chapters of both sm & fm. What are my chances of clearing the exam as per you all??
latest answer
It depends on how you perform on that date, type of question asked. give your best shot.
Prasoon Tiwari
CA Inter
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2
354
AS-22 Accounting for taxes on income
Accountancy
answered on 01-May-24 07:49
The answer is DTL=1,50,000 right?
latest answer
Yea
Shaviri Reddy
CA Inter
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3
288