Forums
As16
Accountancy
answered on 21-Feb-24 17:30
Loan taken for 4yrs 12% rs10lac 1/4/2021 = expended 30lac 1/9/2021 = expended 40lac Apr to aug interest on 40lac will be send to pl for general borrowing, for specific borrowing the same is captitalise, why
latest answer
Specific borrowing is for the specific purpose and hence capitalised.
Sushmita Chowdhury
CA Inter
★ 2K+
2
332
Principal Approval of exam form for CA inter students (May 2024)
Exams
answered on 08-May-24 09:34
I am from direct entry route last time I applied for CA inter exam from it was approved by my principal but this time for may 2024 it is not showing the option of getting approval by principal nor any mail sent to the principal. Is it not required for may 2024 exam or its a site issue?
latest answer
Yes
Nishtha Sharma
CA Inter
★ 5
3
1K+
Course
Others
answered on 21-Feb-24 18:36
Why has the THE NEGOTIABLE INSTRUMENT ACT lectures still not been added in course of CA foundation of new syllabus
latest answer
Thank you sir
Vijaya Lakshmi Pojula
CA Foundation
★ 2K+
6
301
PGPB
Direct Taxation
answered on 23-Feb-24 13:59
sir one small doubt sir why we are adding of closing stock and less opening stock sir . i can't understand sir
latest answer
Ok sir thanks sir
Rajasekaran R D
CA Inter
★ 1K+
2
160
Exam form
Others
answered on 22-Feb-24 20:16
Ca inter May 2024 What’s the last date to fill exam form ?
latest answer
Post qualification
Sushmita Chowdhury
CA Inter
★ 2K+
3
302
Principal approval for inter application
Others
answered on 21-Feb-24 17:24
Has anyone applied for inter exams and got it approved from principal?
latest answer
Not required. Since direct entry students can now write exams even without articleship.
HariPriya C
CA Final
★ 3K+
3
435
IND AS applicability
Financial Reporting
answered on 26-Feb-24 13:25
If a subsidiary adopts to follow IND AS, then is it mandatory for its holding, subsidiary, associate, joint venture to follow IND AS from that date of transition?
latest answer
🙂
manideep martha
CA Final
★ 10K+
7
335
As 16
Accountancy
answered on 21-Feb-24 11:14
Discount or premium on REDEMPTION of debenture = borrowing cost ?
latest answer
It will be adjusted to calculate borrowing cost. Not required at Inter Level
Sushmita Chowdhury
CA Inter
★ 2K+
1
311
FVTOCI- disposal
Financial Reporting
answered on 26-Feb-24 19:39
It has been said equity held for trading if reclassified from FVTPL to FVTOCI, any gain or loss on final disposal will not be adjusted in p&l ( as per my understanding)..but in this example when sold at 2nd yr gain of 1273.78 is transferred from OCI to p&l!!
latest answer
FVTOCI is not reclassified for equity investments only. For others, it is reclassified from OCI to P&L.
binu mathew
CA Final
★ 0
1
189
Consolidation- FV adjustment
Financial Reporting
answered on 21-Feb-24 10:05
In Eg 4 of Consolidation, While calculating FV of Net Assets, why adjustment of depreciation is not considered ?? As the question mentions, remaining useful life of asset as 10 yrs.
latest answer
Yes, Thank you sir !!!
Nilofer Zainab
CA Final
★ 0
2
307