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Costing
answered on 04-Dec-24 20:04
B also worked 8 hours on Saturday where it should it should be only 4 hours... Why there is no overtime for B...?? Weekdays means mon to Friday right? Then still why c only got overtime for Saturday
latest answer
As per the question, he would get same payment. Since full payment is made for 4 hours worked. Since any additional information is not available, let us not create that scenario.
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
625
Pand l
Accountancy
answered on 25-Nov-24 08:26
How we got finance cost for this problem
latest answer
It is a typo error. Finance costs are nil and 18,240 is the depreciation and amortization expenses
Dharshana Rajkumar
CA Inter
★ 2K+
2
504
IND AS 20
Financial Reporting
answered on 24-Nov-24 13:22
Sir purchase of asset is investing activity right, And grant received is which activity In lecture as per below screenshot it has been shown,
latest answer
There is an error on screen. Will rectify it.
R Yashwanth Kumar
CA Final
★ 87K+
2
547
Cash flow statement
Accountancy
answered on 25-Nov-24 08:46
Can someone please solve it and share the workings (Q2)
latest answer
Please solve the problem by yourself. If you have any doubts while solving the problem you can ask here
Sagar Kathuria
CA Final
★ 3K+
1
560
Illustration 5
Accountancy
answered on 27-Nov-24 15:13
Hi sir / madam ; Is it necessary to prepare " Goods send to branch account " for every problem related to loading / mark- up price ?
latest answer
Generally yes. Sometimes the question specifies the ledgers to be prepared.
Nagachaitanya Nomula
CA Final
★ 8K+
1
184
Additional expenses in part ii
AFM
answered on 24-Nov-24 08:43
Can we assume that additional expenses are paid upfront similar to premium, hence FV of the same should be computed.
latest answer
Yes. But even without considering Time Value of Money for that 30K The FC borrowing from Indian bank is cheaper - yes you can compute but that does not change the answer
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
424
Impairment loss & its reversal
Financial Reporting
answered on 24-Nov-24 13:24
In the last example, At the end of year 2, F.V less cost to sell to be compared with which Carrying amount (that is Carrying amount as on end of year 1 or carrying amount at the end of year 2 had the impairment was not done), sir?
latest answer
We compute carrying amount at end of year 2 as if impairment was not done.
Swathi S
CA Final
★ 975
1
172
Reversal of Impairment loss
Financial Reporting
answered on 24-Nov-24 13:25
Carrying amount that would have been determined had the impairment not been recognized in prior years - Here the term impairment, whether refers to impairment loss recognized under both the Indas 36 and Indas 105, sir?
latest answer
Here its only Ind AS 105. Reversal of impairment loss under INd AS 36 is done only if reversal indicators are observed.
Swathi S
CA Final
★ 975
1
196
Doubt
Financial Reporting
answered on 24-Nov-24 16:47
So if a company has been in existence for 50 years, if there is a change in policy, do we have to go back to Y1 and calculate what would be the amount in Y50?
latest answer
If the company has been in existence for 50 years, it does not mean you go back 50 years to calculate the effect of the change for every year. Instead: 1. Apply the policy retrospectively to the extent practical. Practical Considerations: If restating the entire 50-year period involves undue cost or effort, Ind AS 8 allows for adjustments to start from a feasible date. Disclosures are required to explain the nature of the change, reasons for it, and any practical constraints.
Manu Jacob
CA Final
★ 6K+
2
633
Aggregation of income and set of and carry forward of losses
Direct Taxation
answered on 26-Nov-24 14:46
Aggregation of income set of an carry forward of losses
latest answer
HP loss can be carried forward even though ROI is filed after the due date.
Naina 74
CA Inter
★ 0
1
528