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As 41
Financial Reporting
answered on 07-Apr-25 10:07
What if the selling cost is incurred by buyer on behalf of the seller? Will it be considered as cost to sell
latest answer
THe question to ask is how much would seller incur to sell? If the seller does not incur costs, it is not considered
Nawar Fathima AV
CA Final
★ 3K+
1
140
Present value of FRA
AFM
answered on 06-Apr-25 10:50
In part a, while calculating FRA receipt settlement why didn't we considered present value as our formula has present value in denominator.
latest answer
Fra
Hrishikesh Pradhan
CA Final
★ 18K+
1
165
Depreciation under WDV
Accountancy
answered on 07-Apr-25 10:21
What is answer for this question?
latest answer
Pls share your working. This is similar to classroom question.
M Pavan
CA Foundation
★ 290
1
208
MTP-1 May 2025 Nostro
AFM
answered on 06-Apr-25 08:38
Sir i have attached MTP 1 case and question, Answer for Q6 = Option D and for Q 7 = Option C, let me know how its solved as i got answer 200,000 and 75,000
latest answer
Q 6 & 7 i got same answer as you - not sure what they mean here - logical reading says both DD & bill 9 should be spot sales 55k option B 10 should be forward buy 15k - option A Not sure why there are so many mistakes in this MTP :)
Hemachandra D
CA Final
★ 9K+
2
231
MTP 1
AFM
answered on 06-Apr-25 08:06
Sir I have attached MTP -1 May2025 case, in that Question 3 option mentioned is C as we know in case of side pocketing, the ammount is locked, isn't the answer should be Option A After the decision of Fund Manager for side-pocketing the equivalent portion of Mr. Ramesh’s investment shall_____ (A) remains illiquid until the Fund Manager decides to sell it or the company recovers. (B) be immediately written off, and the Mr. Ramesh loses that portion. (C) be returned to Mr. Ramesh in proportion to his holdings. (D) be moved into a different Mutual Fund Scheme with no risk And also for samme case quesiton, answer mentioned is Unsecussful, may I know why we considering unsuccesful The Fund has been ……………… in replicating return on Nifty 50. (A) Successful (B) Unsuccessful (C) Can’t say (D) Data is insufficient
latest answer
Mf side pocketing
Hemachandra D
CA Final
★ 9K+
1
244
Provision for doubtful debts
Accountancy
answered on 07-Apr-25 09:57
So my questuon how did they get Rs. 4000 as the provision for baddebts in the other expenses head of P&L a/c! Detailed explanation inclusing journal entries please 🙏 🪽
latest answer
https://www.youtube.com/live/Vg-_oTf7oJ4?si=AnMyBnBZ9Ldi2-Nj&t=288 You can check the adjustment summary explanation here.
Aswathy Omanakuttan
CA Inter
★ 0
4
297
As7
Accountancy
answered on 08-Apr-25 01:22
Sir pls explain this question in simple language
latest answer
Sir I resolved recently, thank you
Sushmita Chowdhury
CA Inter
★ 2K+
2
194
Principal amount
AFM
answered on 05-Apr-25 22:00
Sir, actually the principal amount is 10 million and not 30 million, why have we taken 30 million
latest answer
Got it sir, how 30 million came
Hrishikesh Pradhan
CA Final
★ 18K+
1
264
Floor
AFM
answered on 06-Apr-25 08:02
Sir, could you please once again explain with example about buy floor and sell floor , i am little confuse between them when to add or less logically for collar when there is buy floor or sell floor.
latest answer
Floor
Hrishikesh Pradhan
CA Final
★ 18K+
1
318
MCQ - Model TP 2
AFM
answered on 06-Apr-25 07:56
In case Q Ltd. wants to be sure that its EPS is not diminished by the merger, the relevant exchange ratio to achieve the same objective should be.................... (a) 0.33 (b) 1.20 (c) 1.30 (d) 1.10 sir EPS ratio is 5:6, the answer given in Model test paper is 0.33 considering as straight EPS will be 6 in this case, the answer ideally should be 1.2 right considering Equivalent EPS is what we always look from I have attached the Image of question
latest answer
icai answer incorrect. your answer is right
Hemachandra D
CA Final
★ 9K+
1
257