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Regarding Illustrations Problems

Indirect Taxation

answered on 19-Jun-24 19:19

Sir in the material given could not able to find the questions fully , some are missing in the material. CA FINAL IDT -- Customs and FTP Pg. no- 69 Illustration No. 16

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In case of any doubt in any question, kindly get back to us by posting the query in the forums.

G Ven

G Ven

CA Foundation

263K+

3

174

CA Foundation MCQs

Others

answered on 19-Jun-24 06:09

Are the CA Foundation MCQs based on new syllabus?

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Okay sir thanks 🙏

Srivathsan Arunachalam

Srivathsan Arunachalam

CA Inter

9K+

2

277

Schweser notes(FSA) pg.no 39 (module quiz 3rd qus)

CFA

answered on 18-Jun-24 12:44

The requirement is to find Diluted Eps why didn't they included net income(1.25L) in numerator and 1L sh(common sh O/s) in denominator

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If you add Net Income & O/s shares and compute the eps, it would be higher than the basic eps. Hence anti dilutive. You can calculate the effect of potential shares as dilutive or not by dividing incremental earnings with incremental shares. If this is greater than basic eps, its anti dilutive and you are not required to calculate diluted eps.

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

361

Final attempt if I take so many leaves.

Exams

answered on 18-Jun-24 10:56

Sir I registered my articleship 2022 may. I did only 10 months articleship and till today I'm in leave.under direct entry. After September attempt I will resume my articleship in other city(termination with old one). When will be my final attempt if I pass in September 2024.

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Thank you sir 🙏

Madhu Reddy

Madhu Reddy

CA Inter

4K+

7

358

cash book

Accountancy

answered on 18-Jun-24 10:21

If the received cheque is endorsed to the other part on the same day then what will be the journal entry

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Let's assume that Company A receives a cheque of ₹10,000 from Customer X and endorses this cheque to Supplier Y on the same day to settle a debt. Journal Entries: When the cheque is received from Customer X: Bank Account Dr. ₹10,000 To Customer X Account ₹10,000 (Being cheque received from Customer X) When the cheque is endorsed to Supplier Y: Supplier Y Account Dr. ₹10,000 To Bank Account ₹10,000 (Being cheque endorsed to Supplier Y) Or a combined entry Supplier Account Dr To customer Account.

Bharavi Kothari

Bharavi Kothari

CA Foundation

20K+

1

400

Mathematics of finance

Maths & Stats

answered on 20-Jun-24 05:13

Exercise 4A 5th sum .. new syllabus

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Int 16500-12000 4500 For 2.5 years Yearly int 4500/2.5 1800 Int % 1800/12000 15%

Sathya S

Sathya S

CA Foundation

3K+

3

202

AMT

Direct Taxation

answered on 19-Jun-24 08:54

Can someone say me AMT is in which chapter of tax

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Refer to Agricultutural Income & total income chapters

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

16

394

All in cost

AFM

answered on 17-Jun-24 19:56

Hi sir, In the question they mentioned " P ltd., a dealer, quotes 'All in cost' for generic swap ". what is meant by 'All in cost' ? Is it fixed interest rate? and Is it fixed interest rate in just this illustration context or in any other question if they use 'All in cost' should we consider it as fixed rate only ?

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All in means without any additional fees - including all interest payments to be made in respect of this loan All in diff contexts can mean either fixed on variable. In this question it means fixed cost

B. Dinesh

B. Dinesh

CA Final

3K+

1

367

Audit teacher

Auditing

answered on 17-Jun-24 19:59

Which teacher should I opt for ca inter audit?

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Pradnya Mundada of IndigoLearn https://1fin.link/course/tiyajn Demo - https://youtu.be/RBpadgcMyqU

Vanshika Agrawal

Vanshika Agrawal

CA Inter

850

2

386

Why we consider only FCFF

AFM

answered on 17-Jun-24 19:54

Is how can we identify that we should Only FCFF here??

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Pls be specific - which Q no?

Surya Prakash

Surya Prakash

CA Final

19K+

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