Forums
Sub question 4
AFM
answered on 06-Mar-24 16:34
Sir , I didn't understood the wording properly of three streams of cash flow. Could you please simplify it ? I watched that part again but still couldn't get it why we used NPV
latest answer
instead of applying all probabilities for a years' cash flow, please look at as only one probability for all years and apply 3 probabilities like that each time i explained it at 17.46
Hrishikesh Pradhan
CA Final
★ 18K+
1
307
Fixed overheads
Costing
answered on 07-Mar-24 09:16
Why is fixed overheads apportioned to departments based on normal capacity and not actual capacity??
latest answer
Thank you sir
Muhesh YM
CA Inter
★ 0
2
311
4 conditions
Financial Reporting
answered on 07-Mar-24 08:54
Is 4 conditions are dependent or independent? That is any of condition satisfied we can recognise revenue or all 4 conditions must be satisfied
latest answer
All.
Surya Prakash
CA Final
★ 19K+
1
258
Derivatives
AFM
answered on 06-Mar-24 15:36
Sir, in this question how the no of days is 58 shouldn’t it be 31 days of January and 28 days of February?
latest answer
okay sir thank you
Swathi Krishna
CA Final
★ 8K+
3
294
ITC eligible
Indirect Taxation
answered on 11-Mar-24 12:27
as a coaching institute..catering services received for supplying foods to the students.can we claim ITC for this exepense??. Basically, coaching institutes won't give food freely.. They would already include in total fees..so can we argue that is mixed supply and its furtherance of business expense??
latest answer
Even practically for restaurant services, ITC is not allowed and GST rate is 5%. Applying that logic, ITC should not be allowed.
sameer fahad
CA Final
★ 5K+
3
356
Internal reconstruction
Accountancy
answered on 07-Mar-24 10:54
In this case why the answer is D ?? What is the correct journal entry ??
latest answer
Ok, Thank you sir
Code X
CA Final
★ 960
2
272
IND AS 19_Plan Assets
Financial Reporting
answered on 10-Mar-24 13:14
In General, interest will computed on the opening balance of the Plan assets to compute the Interest income. If in case any new investment/ investment made to plan assets, interest to be computed on new Contributions for the balance period, Kindly clarify the interest computation treatment for the Plan assets if in case of the benefits paid during the period. For example - FY 23-24 Opening balance 10 Lakhs, Contributions to plan assets - 2 lakhs in Jan 1, 2024, Benefits paid - 5 lakhs in July 1, 2023, Kindly Clarify the interest computation and treatment for the above scenario.
latest answer
The estimated return on plan assets is computed on opening balance with the expected rate of return. The actual return on contributions made & the opening balance is computed separately. The difference between actual return and expected return is accumulated in OCI.
Chaitanya Sai Gupta
CA Final
★ 4K+
1
206
IND AS _ Actuarial assumptions
Financial Reporting
answered on 11-Mar-24 10:41
Sir, Kindly explain the difference between demographic and Experience adjustments. What are all will be covered in experience adjustments assumptions.
latest answer
Demographic adjustment - related to population. Say life expectancy increases. Experience adjustment is the variation or difference between what was expected vs what actually happened.
Chaitanya Sai Gupta
CA Final
★ 4K+
1
147
GCA, 1897
Corporate & Other Laws
answered on 06-Mar-24 14:42
Section 23 of GCA : MAKING OF RULE OR BYE-LAW AFTER PREVIOUS PUBLICATIONS. Please explain it in detailed layman language but not in law language And also give a case scenario based on the above context.
latest answer
Sorry i can't get your intention of the message?
Sai Akash rockster
CA Inter
★ 5
6
360
Interest Cost Doubt
AFM
answered on 06-Mar-24 17:02
Dear sir, The Outflow to the customer @ 65.4 is on 30.11.2024 and the Inflow from the Spot sell rate @ 65.22 is on 31.11.2024. Why are we calculating Interest for 31 days? Also, we are passing on the loss of 22000 to the customer (Our outflow is reduced by the loss of 22000 from 6540000) on 30.11.2024 so why Bank is actually charging Interest to the customer.
latest answer
Because it is on early utilization of funds being forced by customer and not on its own will
Vanacharla Sai Pavan Kumar
CA Final
★ 8K+
10
336