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Sec 90 SBO
Corporate & Other Laws
answered on 19-Aug-25 04:38
For the purpose of analysis, what should be the threshold for SBO: 10%(according to Rules) or 25%(according to the act)? [Video Time Stamp: 03:18]
latest answer
Ok Mam
Rahul Anand
CA Inter
★ 6K+
5
153
AS 29
Accountancy
answered on 13-Aug-25 20:37
Sir, what will be the journal entry for this particular illustration? [Video Time Stamp: 03:03]
latest answer
ok Sir
Rahul Anand
CA Inter
★ 6K+
2
119
Conversion Premium %
AFM
answered on 13-Aug-25 20:18
Sir ,in exam which of the below formula should be used to derive the Conversion Premium %, In ill-23 you mentioned both are correct. 1.Conversion Premium %= (Market Price of Debenture−Conversion Value)/Conversion Value. 2 Conversion Premium %= (Market Price of Debenture−Conversion Value)/Market Price of Debenture.
latest answer
Denominator is lower value Conversion value
Shinisha Rose R
CA Final
★ 5K+
1
137
AS 5 Change in Accounting Estimate
Accountancy
answered on 13-Aug-25 20:38
Sir, in Illustration 3 the question said that provision was Rs 700000 in P.Y. against which actual expenses incurred were Rs 900000. So, the actual just exceeded estimate. How is it a case of Change in Accounting estimate, because we didn't revise amount of provision? [Video Time Stamp: 00:54]
latest answer
Oh, ok
Rahul Anand
CA Inter
★ 6K+
2
122
Cash Book - Single and Double Column
Accountancy
answered on 13-Aug-25 20:10
Sir, in the triple column we learnt the contra entries. In the single and double column, would we directly record the cash deposit and withdrawal from bank in the amount column? Are we also required to write "C" besides them in the single and double column.
latest answer
In single column it will have only cash book. The bank account is kep separately as a ledger. In double column with cash and bank columns, you would write contra/c
Vignesh Venkatesan
CA Final
★ 5
1
243
Financial statements
Accountancy
answered on 22-Aug-25 16:30
Sir, I have doubt about revaluation reserve in 9 th problem. why shouldn't we consider revaluation reserve from balance sheet extract
latest answer
Effective capital means the aggregate of the paid-up share capital (excluding share application money or advances against shares); amount, if any, for the time being standing to the credit of share premium account; reserves and surplus (excluding revaluation reserve)
Himaja Gudimalla
CA Inter
★ 5K+
1
105
About Put option
CFA
answered on 13-Aug-25 07:08
Sir Actually Who can Buy sir If the Put option seller Sells his Shares in higher price than the Market Price. ..He buys in Ignorance or What I didn't understand this Properly.
latest answer
Thankyou Sir I got Now
dhupam jayanth
CFA L1
★ 10
4
94
Closing balances - Assets, Capital and Liabilities
Accountancy
answered on 13-Aug-25 20:11
Sir, we have generalized the idea as, generally asset have Dr balance and Capital, Liabilities have Cr balances. Can you give some examples where there are exception to this general rule. [Video Time Stamp: 02:30]
latest answer
1. Bank account may have a credit balance if overdrawn, which is technically a liability. 2. if a company overpays a vendor or creditor, the related account payable may show a debit balance until adjusted.
Vignesh Venkatesan
CA Final
★ 5
1
150
gold etfs vs online gold
AFM
answered on 12-Aug-25 19:00
sir gold etfs take 2-3 days for redemption but online gold can be redeemed with in hours. then online gold is more preferable?
latest answer
etf works on stadard T+ 2 settlement - there is no gst on investment in it Online gold faces GST
KIRAN BANKAPALLI
CA Final
★ 560
1
121
Accounting for GST
Accountancy
answered on 12-Aug-25 13:17
Sir, in the example, the faculty provides services. Since it is a recorded video class, the fees paid is a one time payment and Indigo can earn benefits for longer period than compared to face to face class. So by this logic, can we say, the fees paid to faculty for recorded classes will be a capital expense and the fees paid to faculty for face to face class will be a revenue expense.
latest answer
We capitalise Fees paid to record classes. This is shown as intangible asset on the balance sheet. Face to face fees is one time and is revenue expenditure.
Vignesh Venkatesan
CA Final
★ 5
1
113