powered by logo

Forums

Journal entry

Accountancy

answered on 30-Apr-26 09:57

If we give employee site expenses Mr A a/c dr To Bank a/c When he spend the money at site due entry Project expense dr To Mr A a/c But what if he took salary from advance what will be the entry?

latest answer

Salary in advance Salary Expense A/c Dr To Mr A A/c

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

1

97

Spom Set A exam

Exams

answered on 06-May-26 09:58

Hi , Could u pls clarify on latest amendment on set a exams I have watched all the lectures and exam is on 29th April If I didn't clear do I need to re-watch the lectures again to appear after may due to amendment kindly clarify

latest answer

Pls raise a helpdesk request to ICAI. Once you get a response, do reply here so that we can guide other students.

kalai vani

kalai vani

CA Final

1K+

1

172

Option Price

AFM

answered on 28-Apr-26 14:13

Sir, Option price = PV of expected pay-offs of the option, does the pay-off here represents the pay-off for the buyer. So the price is based on how much the buyer is willing to pay for his return. [Video Time Stamp: 10:10]

latest answer

Ye Buyers Expected return itself is what he has to pay to seller for buying the option

SANJITHA

CA Final

1K+

1

81

Premium

AFM

answered on 28-Apr-26 11:54

Sir, whether premium is fixed on whole for a option contract or fixed for each unit of underlying asset as in this question? [Video Time Stamp: 08:31]

latest answer

Premia is fixed per share i.e each underlying unit because we compare premia with underlying asset's price. We do not look at premia from lot size / contract perspective

SANJITHA

CA Final

1K+

1

89

Study hours tracker

Others

answered on 06-May-26 10:06

it doesnt change to next day immediately at 12am until 5:30am. it just stays on the previous day itself under "current study hours" even if i try to login, it logs the hours for previous day. please fix this issue i raised a ticket regarding the same, no response received

latest answer

Sorry for the inconvenience. We will update it as soon as possible and let you know. For now, you can edit it manually: * Add your logout time as 11:55 PM. * For the next day, you can log in at 12:10 AM so that the study hours will be counted for the next day.

Ritu Kotian

Ritu Kotian

CA Inter

19K+

2

96

Itt registration

Others

answered on 07-May-26 10:01

I have registered for itt training. But there is no documents mentioned in my acknowledgement slip to be submitted in the email. And my acknowledgement slip is totally of those people in internet (ex. There is no space for that ' paste photo' or even the documents to be uploaded not mentioned. Please help.

latest answer

You need to contact local branch

Priyadharshini

Priyadharshini

CA Inter

0

1

106

Doubt

AFM

answered on 27-Apr-26 17:01

If utilities are treated as weights, why are we not multiplying utilities to calculate expected cash flows?

latest answer

Utilities are not weights We are finding out EV of CF and EV of Utilities and using that to make a decision

pavan kumar

pavan kumar

CA Final

3K+

1

92

doubt

AFM

answered on 27-Apr-26 16:57

Please tell us the difference between probability and certainty equivalent. [Video Time Stamp: 00:06]

latest answer

Certainty Equivalent CF is a Cash Flow that you will accept instead of an expected CF if probability weighted CF is 1000 ( 50% x 0 + 50% x 2000) you as an individual are ok to accept 800 instead of this uncertain CF which has Expected value of 1000 CE = 800/2000 = 40% Refer page 3.23 https://resource.cdn.icai.org/87844bos-aps2163-ch3.pdf

pavan kumar

pavan kumar

CA Final

3K+

1

92

Doubt

AFM

answered on 27-Apr-26 16:51

Probability is always less than 1. How did we get 2.4 in project M?. For answering question (ii), why we are not using the RADR method. [Video Time Stamp: 10:12]

latest answer

Sum of Certainty equivalent is not equivalent to total probability. Certainty equivalent for a period gives probability of a specific cash flow for a specific period

pavan kumar

pavan kumar

CA Final

3K+

1

122

Doubt

AFM

answered on 27-Apr-26 16:48

In the given question, we are computing NPV and comparing it with the acceptable level of risk of 20%.This is in % and the risk is in percentage terms. [Video Time Stamp: 27:50]

latest answer

We are comparing risk of 20% with 30% of poor state of economy. It is a poorly worded question by ICAI

pavan kumar

pavan kumar

CA Final

3K+

1

81