Mistake in Question

answered 11 hrs ago

In illustration 13, the Given income tax rate is 20% in text, but the question is answered using 25% tax rate.

latest answer

Will check. Thanks for reporting.

Delvin Davis

CA Inter

★ 0

1

19

Notes and Illustartion Questions PDF missing

answered 12 hrs ago

The class notes pdf and illustrations pdf are not attached. only this workings are attached in this chapter class. Not able to refer the questions and explaining notes.

latest answer

Full set of notes can be downloaded from resources section

Delvin Davis

CA Inter

★ 0

1

7

FL -Int. Rate change

answered 1 day ago

Have below queries regards to the illustration explained in this lecture: 1. In case 7.75% is the applicable Rate and 7.60% rate is the market rate, then Rs.3811 will be debited to PL & Rs.1444 will be credited to OCI? 2. The illustration explained in this is of Fixed rate interest rate NOT Floating rate. Is my understanding correct? 3. Same treatment is also applicable to Financial Asset?

latest answer

Got it . Thank you sir.

Chandan Subudhi

CA Final

★ 12K+

2

24

Consolidate Financial Statement

asked 1 day ago

Video No 62 Illustration 33 I am struggling to understand what is the entry in separate financial statement and entry in CFS Can you send me the accounting entries here

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

17

Consolidated Financial Statement

asked 1 day ago

Video No 77 Illustration 39 Can I get journal entry after completing the calculation part

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

15

Consolidated Financial Statement

asked on 15-May-24 13:39

Video No 23 Illustration 13 Investment in subsidiary is sold. Here investment account is not opened. I am comparing this journal entry with illustration 12.

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

37

Consolidated Financial Statement

answered on 15-May-24 14:05

Video No 22 Illustration 12. When parent is losing control in CFS Investment account is debited for Rs 360000. Normally in CFS we do not show investment account. When control is lost we have to open new account Investment account and it is debited at fair value in this problem. Investment account newly opened as control is lost. Am I correct?

latest answer

Illustration 14 We have not opened investment account. Request your help please in understanding this

swaminathan sundaram

CA Final

★ 110

2

43

consolidated financial statement

asked on 13-May-24 15:37

Video No 13 Dividend declaration. Interim dividend shareholder approval required?? I am not clear

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

33

Consolidated Financial Statement

asked on 13-May-24 15:29

Video No 12 Example 5 and 6 In this example Machine is sold to subsidiary at a profit of Rs 500 It is explained as 80% to parent and 20% to subsidiary we have to divide. 20% portion is NCI Portion so I have to credit NCI. Am I correct. Video time 9 minutes 21 seconds there this is explained

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

28

Consolidated Financial Statement

answered on 12-May-24 19:18

Video No 8 Illustration 3 I saw the video lecture, after that using the book I solved it independently. Answer given in video lecture are different from the solution given in the notes. (I downloaded the softcopy).

latest answer

Will check

swaminathan sundaram

CA Final

★ 110

1

41