Forums
Journal Entry
Accountancy
answered on 10-Aug-26 15:56
How purchased goods are an expense?
latest answer
Purchased goods are considered an expense when they are consumed or used up in the business process. This is because the cost of the goods is recognized as an expense at the moment they are consumed or used to generate revenue.
Unnati Mittal
CA Foundation
★ 0
1
26
about the exams
Corporate & Other Laws
answered on 11-Aug-26 21:02
mam is there any changes in law for may 26 and sep 26 exams mam [Video Time Stamp: 20:48]
latest answer
no changes right now
Kamesh Waran
CA Foundation
★ 0
1
30
Opening balance of debentures redemption account
Accountancy
answered on 11-Aug-26 12:42
How did the opening balance of debentures redemption account is ₹50,000 [Video Time Stamp: 02:15]
latest answer
balance as on 31st December Year 1 is given in the question
Savita Ukaram Choudhary
CA Foundation
★ 7K+
1
21
Ind AS 110 - Bargain Purchase and Loss of Control
Financial Reporting
answered on 13-Aug-26 07:06
If there was a subsidiary for which we recognised bargain gain on acquisition, upon loss of control, do we reclassify it to retained earnings in a separate entry? or do we include it for determining gain/loss on loss of control? [Video Time Stamp: 03:54]
latest answer
Ok sir, thank you!
Vishnu Muraleedharan
CA Final
★ 32K+
2
18
In house research process
Financial Reporting
answered on 09-Aug-26 13:56
I still don't understand why the in process research project is been capitalised by the acquirer. It should be in the goodwill right? [Video Time Stamp: 06:39]
latest answer
A lot of times companies pay some value for research work already done. If the R&D project has an identifiable future economic benefit, it is an identifiable asset in the business acquired and recognised separately.
Satha Sivam
CA Final
★ 7K+
1
16
Ratio
Maths & Stats
answered on 10-Aug-26 15:19
Can you explain Why we multiply 110/100 to 4k [Video Time Stamp: 00:22]
latest answer
The question says the price of the 1st flat increases by 10%. Suppose the original price is 4x. Now, when something increases by 10%, the new price becomes: Original price + 10% of original price =100%+10%=110% And 110% means 110/100. In calculator If you wanna increase it by adding the. we will do 40+10% If you wanna multiply the increased percentage then we will do it by x 110%
Gangula Pavana kumari
CA Foundation
★ 410
2
41
Equity share capital closing balance
Accountancy
answered on 11-Aug-26 12:41
In closing balance after transactions how did the closing balance of equity share capital came 300000 ? The total of opening balance and additional (120000+50000+50000) is 22000. [Video Time Stamp: 20:11]
latest answer
opening balance is 2,00,000 20000 shares of Rs. 10 each. 120000 is PL and debentures balance
Savita Ukaram Choudhary
CA Foundation
★ 7K+
1
24
Good will
Financial Reporting
answered on 08-Aug-26 20:03
What if acquisition price is lower than fair value of assets. Then there won't be goodwill right? What is the difference called? [Video Time Stamp: 17:30]
latest answer
Gain on Bargain purchase. Credited to capital reserve We will learn in Ind AS 103
Satha Sivam
CA Final
★ 7K+
1
15
Solutions for the question
Direct Taxation
answered 1 day ago
Where I will get the solution for the book back question?
latest answer
In Material
Vigneshwari J
CA Inter
★ 470
2
35
Vignette qustions
CFA
answered on 08-Aug-26 16:10
When i solve CFA portal practice qustions im taking 20 to 25m mins per vignettee qustion to solve and some case study have like 150 words information is this how the real exam also structured? how to apprrouch this vignette and taking 20m per vignettee is slow?pls answer
latest answer
Try to focus on important points and note them down Practice is the only way
Dhakshana Dhakshana
CFA L2
★ 18K+
1
18