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Illustration 5 IND AS 19
Financial Reporting
answered on 19-Mar-24 07:53
Why in the question is specifying unused vacation can be carried forward to 1 year, i.e unutilised leaves as at 31 Mar X1 again c/f at end of 31 Max X2
latest answer
It means that employees can avail those leaves in the next year.
Devika Viswanathan
CA Final
★ 9K+
1
155
Ind AS 21
Financial Reporting
answered on 15-Jul-25 09:31
Hello Sir, In this problem, for the year 20X2 Revalued value remains same... And for non monetary items, we convert the amount as on the date of revaluation if revaluation model is followed. Here, the difference is value is only due to difference in exchange rates.. Why do we still adjust it in the balance sheet at 31.3.X2. Is it assumed revaluation is done on 31.3.X2? Will there be no adjustment if nothing about revaluation is mentioned? If we have to adjust, how is it different from the treatment of monetary assets?
latest answer
There is no separate identification of exchange rate difference. What has changed is fair value and that will be recorded in OCI or PL to the extent of losss booked earlier.
Susee Arunachalam
Qualified CA
★ 26K+
5
436
Prospectus
Corporate & Other Laws
answered on 26-Mar-24 14:47
Some questions it's 5% and in irregular allotment question it's 25%. What's the actual minimum application amount 5% or 25% ????
latest answer
According to Companies Act - 5% of nominal value According to SEBI - 25% of issue price.
Abhishek Sahu
CA Inter
★ 1K+
2
332
Blocked credit- Return of time expired goods
Indirect Taxation
answered on 18-Mar-24 18:23
It is given that ITC to be reversed is ITC availed on the return supply and not ITC that is attributable to the manufacture of time expired goods. But in the illustration ITC revered is ITC attributable to the manufacture of time expired goods . Why it is so?
latest answer
He should reverse of ITC of 15. It is correctly given. kindly read again.
Amala Joy
CA Inter
★ 70
1
234
Stock receviables
Financial Management
answered on 17-Mar-24 22:03
sir,why didnt u take the amount of stock receivables from the given table whereas payables amount taken directly from the given table.
latest answer
Please mention the exact timing of doubt in the video and elaborate on the doubt
Satya Reddy
CMA Final
★ 1K+
1
141
Cost of goods sold
Financial Management
answered on 17-Mar-24 22:04
how did u find out cost of goods sold sir? u taken it as directly given in the question.
latest answer
Please mention the exact timing of doubt in the video and elaborate on the doubt
Satya Reddy
CMA Final
★ 1K+
1
146
Exam
Financial Management
answered on 17-Mar-24 22:13
In exam can we use short-terms like EBIT,EBT,EPS
latest answer
Ok sir thanks for reply
SANTHOSH K
CA Final
★ 19K+
2
336
IND AS 116
Financial Reporting
answered on 19-Mar-24 19:41
what does this mean "Commensurate of Standalone Price"
latest answer
Okay sir. Thank you.👌
HEMACHANDHAR M
CA Final
★ 2K+
4
289
LLUSTRATION 11...unit 2 treatment of goodwill
Accountancy
answered on 13-Jun-24 13:57
Could please solve and share the answer of partnership...unit2 treatment of goodwill..illustration 11 ...pg no.10.65 .(ca foundation )
latest answer
This is added to the course.
Devananda Rajeesh
CA Foundation
★ 140
3
375
LLUSTRATION 11...unit 2 treatment of goodwill
Accountancy
answered on 31-Mar-24 11:15
Could please solve and share the answer of partnership...unit2 treatment of goodwill..illustration 11 ...pg no.10.65 .(ca foundation )
latest answer
There are two methods to adjust goodwill
Devananda Rajeesh
CA Foundation
★ 140
3
340