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Query - Financial Instruments
Financial Reporting
answered on 08-Jan-26 13:37
Sir, in the question what if they have given that let's say on on 31/03/23, if some amount is recoverable (50,000) from mohan limited. Will there be a change in amortization schedule and what will be the journal entry.?? [Video Time Stamp: 12:26]
latest answer
Expected loss amount will change. So the loss will be only 50,000. rest all will remain same
K Vamshi
CA Final
★ 14K+
1
89
Difference in the returns yielded by the securities
AFM
answered on 02-Jan-26 05:13
Sir, what if the returns generated by the securities aren't the same i.e. 8% but the S.D are different for both the securities. If the return generated by Security X is less than Security Y but has a lower standard deviation, how can we decide which security should be preferred for investment? [Video Time Stamp: 02:30]
latest answer
Then we use coefficient of variation
Gokul
CA Final
★ 2K+
1
105
External auditor vs internal auditor
Auditing
answered on 12-Jan-26 19:19
Ma'am, external auditor - mr y Internal auditor -CA X Is this statement correct ma'am? If yes, then the question has to be... can mr y rely on such reports? Need some clarification on this ma'am [Video Time Stamp: 01:37]
latest answer
Yes .you are right. My Y us external auditor and X is internal . So can Y rely on x
Mutchukota Akhila
CA Inter
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117
Dividend
Financial Management
answered on 01-Jan-26 14:43
Can I compute ke using PE ratio . ? But the ans is different when I compute using pE ratio
latest answer
For Q3 ke should be computed using GGM only
kowselyaa G
CA Final
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123
Tax rate for catering services
Indirect Taxation
answered on 31-Dec-25 13:53
As per the question catering services are charged at 5% GST, but in the sum the calculation is done at 18%. Could you please clarify if there is any specific reason or condition for applying 18% in this case? [Video Time Stamp: 14:45]
latest answer
Whatever is the rate in the question the same needs to be applied.
Parthi ban.B
CMA Final
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112
the 3rd Bit (unavoidable Fixed cost)
Costing
answered on 10-Jan-26 18:38
Sir, I tried solving this bit even before watching the video, and ended up with a right figure as answer. But with a totally different perspective. In this lecture sir solves with a perspective of recovering the avoidable cost .. i.e. 80,000 - 25,000 = 55,000. But I approached with a perspective that, anyway the unavoidable fixed cost has to be covered by operation (sales), then lets also recover the desired profit along with this unavoidable fixed cost. i.e. 25,000 + 30,000 = 55,000, and arrived at sales using PV ratio as Rs. 1,37,500. Is this approach acceptable?. Because in the first glance of the question, this is what I understood to compute. Please guide in this matter. [Video Time Stamp: 11:43]
latest answer
Yes. Its acceptable. FInally costing is all about logics.
Vinod Kumar
CA Inter
★ 11K+
1
117
Adjusted Selling Price Method
Accountancy
answered on 08-Jan-26 13:10
Sir, In this method we are valuing the closing stock at SP. You have given us the rule to follow in valuation of inventory as cost or net realizable value which ever is lower should be used in inventory valuation. Then, why are we not using the same in solving the sum solved under this method sir. This confuses a little.
latest answer
We are not valuing at selling price. We are reducing gross profit from selling price which gives us the estimated cost.
Vignesh Venkatesan
CA Final
★ 5
1
155
Adjusted Selling Price Method
Accountancy
answered on 08-Jan-26 13:21
Sir, we have studied the historical cost method to ascertain the COGS and the balance figure was our Closing Stock for Perpetual inventory system, but in this non-historical method, we are given the value of closing stock and the COGS is being ascertained, so is this method part of Periodic inventory system? I'm not understanding how this adjusted selling price method fits to be considered for Perpetual Inventory System, as both in the illustration you have assumed the closing stock as 200 and the illustration of study material also gives the closing stock value at SP, though we have not calculated the COGS directly, we have used this to ascertain the COGS indirectly by Sales - Gross Profit. [Video Time Stamp: 17:06]
latest answer
Under the adjusted selling price method, we start with sales and gross profit to arrive at COGS indirectly. This is done only because closing stock is available at SP and GP rate is given. It does not convert the system into periodic.
Vignesh Venkatesan
CA Final
★ 5
2
156
q
Financial Reporting
answered on 08-Jan-26 13:39
Sir, this is mentioned to be an extract of FS in the beginning of the q.Doesn't this imply that such profit is already adjusted for debenture interest and preference dividend? so for basic EPS why cant we consider the profit available as Rs. 39,000 itself? [Video Time Stamp: 10:56]
latest answer
Your point is right. ICAI sometimes doesn't indicate clearly. In thie case it is in the process - this implies (or assumed by ICAI) that the adjustments are not yet completed.
SANSKRITI BADRI 2111339
CA Final
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91
Different method of solving
Costing
answered on 31-Dec-25 07:21
Am afraid, my answer is correct but the method i used was different. I hope there isn't any hard and fast rule for solving this type of questions.
latest answer
If answer is correct no problem
Vinod Kumar
CA Inter
★ 11K+
1
110