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INSURANCE ON LOSS OF PROFIT
Accountancy
answered on 17-Aug-26 12:26
WHAT IF INSURED SUM IS GREATER THAN INSURABLE SUM [Video Time Stamp: 08:57]
latest answer
If the insured sum is greater than the insurable sum, it is a case of over-insurance, meaning the average clause will not apply and the claim amount will simply be the actual loss of profit.
Jeevethan
CMA Inter
★ 0
2
98
Proposal 1
AFM
answered on 14-Aug-26 09:45
Sir for proposal 1, in question they have said that no equity has been raised... then how we can assume that they is change in equity? Also the existing equity and debt is already in the desired ratio [Video Time Stamp: 09:54]
latest answer
In proposal 2 Exact eq cap rasied is provided so that we can arrive at debt number in proposal 1 exact eq cap raised is not provided so you have to assume it They did not say that equity should not be raised - they just did not provide the number
Balavignesh
CA Final
★ 985
1
55
Economics
CFA
answered on 14-Aug-26 10:06
I didnt understand this question sir. Moreover is increasing R&D part of credit deepening or technological progress sir?
latest answer
option 1 why right - if firms decide on private benefit alone, they under-invest relative to what's socially optimal. Subsidies close that gap. option 3 - single word "only" makes it false - Growth can come from technological progress and capital deepening. Innovation is one path, not the only one R&D drives technological progress and not capital deepening.
Kaarthick Abishek
CFA L1
★ 0
1
45
Doubt regarding to dividend in cashbook
Accountancy
answered on 17-Aug-26 09:34
Sir we paid dividend to other only know sir how it is in our inflow
latest answer
In this problem we have overdraft balance of cashbook and while the dividend is paid it should be paid from the bank in which we need to debit the balance in the passbook. So in order to increase the overdraft balance in the cashbook(which we paid the dividends) we will debit the dividends paid in the cashbook. If there is no overdraft balance in the cashbook we will directly credit the cashbook for the dividends paid
U.S. ARUN
CA Foundation
★ 0
1
50
Value of acquisition
AFM
answered on 14-Aug-26 10:01
the part II of the Illustration requires value of acquisition. it amounts to 1769.49 (5308.47-3538.98). But it is not mentioned, sir.
latest answer
Yes - Added that in the notes.
Jayanth
CA Final
★ 6K+
1
48
Typo error
Financial Reporting
answered on 17-Aug-26 13:02
2nd also shown as chosen instead not chosen [Video Time Stamp: 13:10]
latest answer
Typo error rectified
Santoshkumar Kalisetti
CA Final
★ 4K+
1
57
INSURANCE CLAIM
Accountancy
answered on 17-Aug-26 12:00
WORKING NOTES 3 INCREASE COST , WHT WE WANT TO ADD 15% TO ANNUAL TURONOVER AND AGAON ADD TURNOVERTO THAT [Video Time Stamp: 11:55]
latest answer
First, calculate the 15% expected growth trend on the base annual turnover of 4,50,000, which equals 67,500. Next, add this 67,500 increase back to the original 4,50,000 to get the Adjusted Annual Turnover of 5,17,500. Then, multiply this Adjusted Annual Turnover of 5,17,500 by the Gross Profit (GP) Rate of 30%. This final multiplication gives you the total Gross Profit amount of 1,55,250.
Jeevethan
CMA Inter
★ 0
1
44
Doubt
AFM
answered on 12-Aug-26 19:32
Here we got the cost as negative which my refers to the benefit (which is negative cost) can we consider like this.
latest answer
yes you can
pavan kumar
CA Final
★ 4K+
1
56
Inventory FV adjustment
Financial Reporting
answered on 12-Aug-26 15:12
So if we still had the inventory in our books, then the FV adjustment of 100 would be added to the final consol inventory amount..i.e., Blue heavens(BV)- 800+ Orange (BV)550+FV adj. of 100= 1450. since the increase in inventory would've caused a decrease in retained earnings. Is this the right understanding sir? [Video Time Stamp: 17:54]
latest answer
If inventory is not sold, then the value should be increased by 100. There is no impact in retained earnings If inventory is sold, subsidiary will report profit based on book value of inventory but for consolidation the cost of inventory will be at FV. So 100 will reduced from group profit.
Varshini Rao
CA Final
★ 2K+
1
82
SQC 1
Auditing
answered on 16-Aug-26 14:40
This video speaks about ethics. I started SAs first. Should I have to watch some other class before starting it? [Video Time Stamp: 01:21]
latest answer
For SQC , basic understanding of ethics is important
Satha Sivam
CA Final
★ 7K+
1
82