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FINANCIAL GUARANTEE

Financial Reporting

Sir based on the expected loss do we need to update the amortization table, In 4th year opening balance she have been 1,25,000 Video Details ------------- Financial Instruments - FR Financial Assets, Financial Liabilities & Equity #39. Nov 22 Question - Guarantee

R Yashwanth Kumar

CA Final

★ 86K+

17-May-25 15:23

Answers (1)

The amoritsation computation does not change. The balance of liability would change due to valuation at the end of year 3.

CA Suraj Lakhotia

Admin

19-May-25 11:11

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