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Financial instruments-illustration 13
Financial Reporting
answered on 15-Apr-24 19:31
in C point of question if it is repayable when funds are suffcient means there is no SPPI ( Prinicipal and interest) . So we can recognise 10,00,000 as equity know sir .. Why we nee to estimate the repayment date and measure accordingly
latest answer
unless you can prove that it will not be repaid.
M Naresh
CA Final
★ 3K+
1
264
Marginal Relief
Direct Taxation
answered on 13-Apr-24 03:30
Qus No. 9 How the answer is option (c)?
latest answer
Correct
Soon to be CA
CA Inter
★ 4K+
3
408
Initial Recognition of Finance Lease by Lessor
Accountancy
answered on 15-Apr-24 19:15
Hi sir, hope you're well In lessee's POV, we capitalize asset at lower of FV and PV of MLP. Why do we straight away take net investment as capitalized value here for lessor? Thanks
latest answer
For the lessor the net investment in lease captures all the present values of future benefits.
Devaprasad Jothimani
CA Inter
★ 0
1
286
FVTOCI Subsequent Recognition
Financial Reporting
answered on 15-Apr-24 19:30
sir, Metallics Ltd sum The Fair value given on 30 th June 20X1 has incorporated in journal entry, Are we supposed to remeasure at intermediary dates apart from balance sheet sir . Under FVTOCI Fair value changes should be adjusted only at balance sheet date only know ?
latest answer
can be considered as Interim period end
M Naresh
CA Final
★ 3K+
1
162
AS 12
Accountancy
answered on 15-Apr-24 19:14
Illustration 4, b) how come the salary expense account got credited...
latest answer
In real life expense account can have a credit balance.
Vijay K
CA Inter
★ 9K+
3
286
CFS
Accountancy
answered on 11-Apr-24 11:10
In MTP the answer is different and in book the answer is different what is the correct method sir
latest answer
Okay
shanthini hariharan
CA Inter
★ 10K+
2
340
Doubt regarding IRR concept
Financial Management
answered on 07-May-24 13:38
Aditya sir, in u r classes u done all IRR problems w.r.t time line, can we done with IRR formula also in exam, becz same answer is coming via time line concept and IRR formula..?? Plz reply me sir
latest answer
Hi sowjanya, I have doubt regarding replacement decision, shall we discuss once, if you don't have problem, please text me and my contact number is 8310936150
leela sowjanya
CA Final
★ 10
3
312
Penalty for willful contravention of Sections 139,144,145
Corporate & Other Laws
answered on 28-Jan-25 13:47
Kindly let me know what is correct. The Text in para or the text in Table
latest answer
para is correct
Rajasekaran Suresh
CA Inter
★ 495
2
271
Approach in working capital requirements
Financial Management
answered on 12-Apr-24 01:46
If question provide you with depreciation is it necessary to present solution as per cash cost approach and take debtors at cost . Or can take debtors at sales
latest answer
the total cost approach is in line with cash cost only.. so whenever depreciation is mentioned it has to be removed to compute the total cost
AKSHAT MITTAL
CA Inter
★ 5K+
3
330
Quorum for unlisted public company
Corporate & Other Laws
answered on 11-Apr-24 09:38
Is the quorum for the General Meeting of the Shareholders for public company of members upto 5000 15 or 30 Is this answer correct???
latest answer
If the number of members is >1000 but up to 5000 of a public company then 15 members should personally present.
Aswin Mohan
CA Inter
★ 710
1
457