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Doubt on the payment of interest difference

AFM

answered on 19-Apr-24 07:40

Sir, already lender will be in loss, 1.why he will pay back the interest difference to him? 2.if above question is wrong,then whether lender will receive back the ( P.V of interest difference which is paid on feb-1) on Apr-30 i.e 25000/- ?

latest answer

It is net cash settlement. Lender is in loss if he lends. Instead of lending and incurring a loss he pays the loss ie interest differential to borrower. Interest is usually paid at end of loan. Since he is paying interest at beginning of loan, he will pay PV of interest differential

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

7K+

1

309

special features of diff entities audit

Auditing

answered on 19-Apr-24 07:43

for audit of hospital,is it necessary to learn the points in order?

latest answer

No. You can understand the framework and write points as you remember

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

1

174

Ind AS 20

Financial Reporting

answered on 24-Apr-24 14:23

Hello Sir, in this problem when we are recognizing the govt grant should we not recognize the deferred income in the first year as 60,000 irrespective of it being receivable in installments. So ideally the deferred income balance will be 60,000-21667 for the current year. Is this right sir?

latest answer

We may or may not receive grant in future. So entire 60,000 cannot be accounted.

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

261

Depreciation

AFM

answered on 19-Apr-24 05:25

why havnt we considered the tax rate while adding back depreciation amount, ideally we should have considered the depn amt* tax rate (D*T) right?

latest answer

Page 3.2 formula 1 in the beginning https://resource.cdn.icai.org/74830bos60509-cp3.pdf When you compute PAT you have already subtracted depreciation to compute tax so you add back full Dep if you are computing EBIT (1-T) then you should add back Dep x T separately

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

1

393

Consolidated fS

Accountancy

answered on 21-Apr-24 19:18

How to treat preliminary expenses in the consolidated balance sheet.

latest answer

Write off.

Gayathri S Nambiar

Gayathri S Nambiar

CA Final

2K+

1

465

Cost of capital

Financial Management

answered on 07-May-24 13:41

Hi guys, I have a doubt in below mentioned problem. Can anyone please clarify my doubt frnds In the calculation of cost pref and Deb how they find the discount rates for IRR method? And what's the need of the step at first arrow?

latest answer

Hi Ananthakumar, I have doubt regarding replacement decisions, if you don't have problem can you please text me and my contact number is 8310936150

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

5

352

Constant mix policy

AFM

answered on 19-Apr-24 05:26

ratio should be constantly in 50:50 (always) or investor's choice to decide ratio like 60:40 ?

latest answer

Investors Pref of 50 50 or 60 40 or what ever investor and advisor decide mutully

Hariharan S

Hariharan S

CA Final

5K+

1

205

Repo rate doubt

AFM

answered on 18-Apr-24 20:57

Is answer wrong on Interest calculation part as they Calculate interest accured on current market price ?

latest answer

Ha yes calculation error

Ravi Teja

Ravi Teja

CA Final

20

2

408

how to add 2 two more sessions in study planner

Others

answered on 22-Apr-24 09:49

attached screenshot for reference only two sessions are showing while making plan

latest answer

You can update it through edit option.

GOKUL KOLATE

GOKUL KOLATE

CA Inter

1K+

2

320

Consolidation

Accountancy

answered on 22-Apr-24 09:43

In balance sheet b4 revaluation y u have considered loans and advances as assets General we use to assume it as liabilities only Kindly explain me plz

latest answer

Loan means the company has taken loan from bank, financial institutions etc. So it will be shown under liability. Loans & advances means it is given by company to subsidiaries, employees, financial institutions etc. which can be shown as asset in the balance sheet.

nive krish

nive krish

CA Inter

255

1

336