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Journal Entry

Accountancy

answered on 27-May-24 15:06

1.What is the journal entry should be passed for loss of stock in Tally? 2. What should be the closing stock entry of trading account?

latest answer

In tally you can directly update closing stock in value. No need to pass journal entry. So loss / gain is automatically captured.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

2

312

Value of GST

Indirect Taxation

answered on 29-May-24 12:37

Is this deductible or not u/s 15(3)(b) In study material solution it is stated as not deductible why?

latest answer

Since it is post supply discount. Post supply discount can be reduced only if it satisfies the conditions given under Section 15(3)(b).

Mainak Chakraborty

Mainak Chakraborty

CA Inter

0

2

289

e^rt computation

AFM

answered on 23-May-24 09:54

Hi sir, in this question interest rate is 3.6% and the current price will move to 411 or 592 a month later, which means the t is 1 month. so e ^rt should be : = e ^ 3.6%*1/12 = e^ 0.003. But while computing you did not consider the 1 month time. you have taken it as e^3.6% = e^0.036.

latest answer

The question ideally should have mentioned that interest rate is p.a in which case your working would be appropriate . They have provided value of e power 3.6% - assumption made is that the rate is for one month.

B. Dinesh

B. Dinesh

CA Final

3K+

1

181

Theoretical distribution

Maths & Stats

answered on 29-May-24 09:53

How to do this sum ? Step wise answer ( whole workout ) pls

latest answer

The solution is self explanatory. Compute x bar , p and q. With these values you can construct the table and compare the values.

Bharavi Kothari

Bharavi Kothari

CA Foundation

20K+

4

283

Sound is not there

Costing

answered on 22-May-24 13:49

0:10 to 0:20 please make it correct for understanding

latest answer

Sound is working in our app and website on different devices from 0.10 to 0.20

Mohammed Bin Abdulla

Mohammed Bin Abdulla

CA Final

2K+

2

172

Value of call option

AFM

answered on 22-May-24 13:46

Hi sir, in 2, you said value of call option is ZERO. is value of call option means (St - K) ? and please help me with understanding of the following words, correct me if i am wrong : 1.Option price/ Option value means Premium of the option 2.Expected value of option means the expected pay off and rationally we should charge the premium that is equal to expected value of option

latest answer

Value of option on a day = premium = PV of Expected value of Payoffs = Intrinsic Value + Time value Day can be anything from 0 to maturity date On day zero-time value component is high and on maturity date intrinsic value component is high

B. Dinesh

B. Dinesh

CA Final

3K+

3

278

Expected Price method

AFM

answered on 22-May-24 12:34

Hi sir, in lecture no. 77 -option pricing you told to do based on expected value method, and bring them to present value. attaching the screen shot. can you help me to understand when to do this kind of problem in Binomial method and when to do in Expected value method ? or can we take assumption and do it as per our convenience ?

latest answer

Question will be very specific about binomial. Also in binomial there are only 2 movements not so many expected values

B. Dinesh

B. Dinesh

CA Final

3K+

1

286

SELF PACED MODULES

Others

answered on 22-May-24 17:56

Hello, I have completed CA Inter under the old scheme of 8 papers. Do I still have to do Set A and Set B of the self paced modules?

latest answer

Yes

Irfanah Ilias

Irfanah Ilias

CA Final

48K+

2

325

Financial Instrument- Convertible Preference Shares

Financial Reporting

answered on 27-May-24 16:16

Compute financial instrument treatment. Is my understanding correct ? - Convertible Preference Shares : - Optional : Compute FV of FL and difference will be Equity - Partial : Compute the FV of FL = PV of partial redemption and difference will be Equity - Compulsory : No FL only Equity as there is no redemption

latest answer

Yes

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

1

243

Regarding Fixed cost in Marginal Costing in CMA inter sir

Costing

answered on 05-Jun-24 15:47

I would like to know the answer of (xi) MCQ sir.

latest answer

Discretionary. Discretionary means the management has to a choice whether to incur or not

manohar Official

manohar Official

CA Inter

865

2

303