Compound Financial instrument

answered on 26-Mar-25 10:12

Sir, During the conversion to equity from bond at year end 4 why we have touched the equity component ( Debited the equity ) . The equity recognized at beginning will remain unchanged know.?

latest answer

Yes. If it is redemption, the amount credited to equity remains intact as it is.

M Naresh

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436

Illustration 35 Indigo Learn Material Interpretation

answered on 08-Apr-24 17:26

In class you have taken 5,00,000 amount as liability where they have specified 5,00,000 5% convertible debentures shouldn't we multiply with Face value 10 Rs ?

latest answer

Yes you are right.

M Naresh

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Network Firms - Professional Ethics

answered on 08-Apr-24 11:04

Mam, Classes relating to concept of Network firm not yet uploaded.

latest answer

Yes it will be uploaded.

Sathiyanarayanan P

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203

Ill 42

answered on 09-Apr-24 17:31

In the last Illustration explained, payment is based on the transaction price agreed upon as per the contract. So we can assume that the agreement would obviously be at a markup price and accordingly, the installments received would also reflect that markup. Plus, since the entity can get paid for work completed we can also assume third criteria is partly fulfilled and revenue is receivable to the extent of work performed.

latest answer

In many cases consideration may not be receivable till the contract is completed fully. So we can assume either ways.

Dhvaritha Ravishankar

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214

CLARIFICATION REGARDING STUDY MATERIAL

answered on 08-Apr-24 09:38

IN MY SUBSCRIPTION PACK I WILL NOT GET PHYSICAL STUDY MATERIAL OF INDIGO LEARN........BUT AT THE TIME OF BUY IT WAS SAID THAT E-STUDY MATERIAL WILL BE AVAILABLE..............SO MY DOUBT IS THAT FROM WHERE I CAN GET THOSE E-NOTES...........

latest answer

Resources section

AYYAPPADAS K

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267

Portfolio management Illustration 30

answered on 08-Apr-24 08:59

Will there be any problem in valuation during the exam if we write the way you present the answer and in our icai material you said that there is variation in calculation of standard deviation they calculated on price and you calculated on return? From exam perspective i am asking sir because icai answerkey will be prepared based on icai material ? Kindly reply sir regarding presentation of answer

latest answer

Their question will specifiy how they wish that u compute the SD. Follow that

iyshwarya Suresh

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209

Cost sheet

answered on 08-Apr-24 09:33

How to treat purchase return in cost sheet with reason ??

latest answer

Deduct it from cost of purchases

SRIHARI K U [XI-D]

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414

Illustration 10 from investment

answered on 09-Apr-24 17:20

Illustration 10 1. In the investment account the dividend column is necessary to draw out what? 2 . If the bonus is declared on 2/9/20X1 then the bonus dividend is adjusted in P & L or not? 3 . Last topic of illustration is not understood

latest answer

1. You can add dividend amount column. 2. Normally dividends are declared based on record date. In this illustration it is assumed that dividend is not received on bonus shares. 3. Which last topic?

Shivashankar Jawai

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399

eligible attempt

answered on 10-Apr-24 16:35

i has started my articlehip on 10th jan 2022 and took a trnsfer on 10th sep 2022 ( 42 days leave but 0 excess leaves) thereafter i re registered my articleship on 28th november 2022 my articlehip as per SSP portal ends on 29th march 2025. Please confirm if im eligible for nov'24 attempt

latest answer

Yes

Vedika Sharma

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387

Basic concepts

answered on 08-Apr-24 09:39

Sir, in this sum the total income exceeds 2 crores, here surcharge is taken as 15 %, but if the income is more than 2 cr then we have to take it as 25% sir?..why it is given like that sir?..

latest answer

Welcome.

shanthini hariharan

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504