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Working capital Management
Financial Management
answered on 03-Apr-24 19:36
the question doesn't asked us to compute wc on cash basis... Then why are we excluding depreciation part From total cost..?
latest answer
There need not be a specific mention because, in finance only cash items are considered
Harish Kumar
CA Inter
★ 180
1
391
Animation is not in time to Speech
Auditing
answered on 28-Mar-24 14:08
Sir the animation of material is moving fast before completion of mada Speech We are not able to visible what madam doing
latest answer
Thanks for highlighting the issue - will be reuploading clips shortly
Surya Prakash
CA Final
★ 19K+
3
250
consolidated financial statement
Financial Reporting
answered on 10-Apr-24 16:48
With reference to illustration 14 in lecture 24 ,why dont we recognise investment in subsidiary at fair value in the books of holding company? fair value of 60 percent is at 6750000 but the investment balance in the books of holding company is still at 50,00,000 for 100 percent stake prior to selling of 60 percent stake i.e. no changes in fair value was made after its acquisition. doesnt that make to be not in agreement with indas 109???
latest answer
Could be case of investment entity.
binu mathew
CA Final
★ 0
3
390
Wye ltd problem
Accountancy
answered on 28-Mar-24 12:45
The answer is different from ICAI material
latest answer
In our question, the brokerage is 1% of cum-interest.
Shivashankar Jawai
CA Inter
★ 2K+
1
479
open network for digital commerce
Indirect Taxation
answered on 30-Mar-24 20:27
Is this point is important for exam?
latest answer
Yes it is relevant for exam.
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
464
Service Costing Illustration 11
Costing
answered on 01-Apr-24 11:34
How is the salary to peons for each stream calculated
latest answer
1 peon dedecating is 100% of work :- peon × ₹10000×12 months= ₹1,20,000. 3 peons dedecating 15% of there work to Higher secondary. 3 peons ×10000×12months × 15%=₹54000 total peons salary for higher secondary = ₹120000+₹54000=₹1,74,000 Apportionment of salary to streams:- Arts - ₹174000 ÷ 660 × 120. = ₹ 31636 Commerce - ₹174000 ÷ 660 × 360. = ₹ 94909 Science- ₹174000 ÷ 660 × 180. =₹ 47455 *660= total number of higher secondary students .
Study
CA Inter
★ 420
1
346
Same repetative video
Accountancy
answered on 28-Mar-24 13:01
Same sum as I'll 8 sir tis RTP kindly check to it
latest answer
Will check and let you know.
nive krish
CA Inter
★ 255
1
343
Balance sheet Difference
Accountancy
answered on 28-Mar-24 13:08
There is differences in both HO & BO of 10,404
latest answer
You need to check the total level of HO+BO
Sreeka Sreenivasan
CA Inter
★ 240
1
225
Ind AS 21 accounting for foreign exchange transaction
Financial Reporting
answered on 28-Mar-24 13:04
Page 10.102 Question 3 Infotech Global Ltd has functional currency (Old Study material) financial reporting Ind AS 21 Closing rate is taken to convert PPE to L$. Question 5 On 1st January 2018, P ltd purchased a machine opening rate take for conversion. I am not able to understand the difference between the two problems
latest answer
Foreign Currency Translation: Foreign currency translation involves converting the financial statements of a foreign subsidiary from its local currency to the reporting currency of the parent company (in this case, INR). This process is necessary when the parent company presents consolidated financial statements that include its foreign subsidiaries. Suppose XYZ Pvt. Ltd. has a subsidiary in the US, and the subsidiary's financial statements are denominated in USD. At the end of the reporting period, the subsidiary's balance sheet shows assets worth $100,000 and liabilities worth $50,000. If the exchange rate at the end of the reporting period is 1 USD = 80 INR, then: Assets: 8,000,000 INR (100,000 USD * 80 INR/USD) Liabilities: 4,000,000 INR (50,000 USD * 80 INR/USD)
swaminathan sundaram
CA Final
★ 110
3
975
Mutual Fund
AFM
answered on 27-Mar-24 19:47
Hello Sir, In this problem, I have solved in this manner. Final Answer is same but the cash balance did not match. Is this still correct or will marks be deducted for this?
latest answer
Oh okay sir, thank you so much
Susee Arunachalam
Qualified CA
★ 26K+
2
398