powered by logo

Forums

AS 9

Accountancy

answered on 13-Feb-24 08:10

If the goods are to be kept on hold due to no connectivity temporarily...say the road is damaged and the route is closed.As ,it is neither on buyers request nor on seller's want the goods are kept on hold.can seller recog the entire revenue in this case

latest answer

We need to check who will bear risk of loss

Nayana Kowshik

Nayana Kowshik

CA Inter

120

1

371

Cash flow - deductions from operating activities

Financial Reporting

answered on 13-Feb-24 11:37

Why interim dividend paid during the year not deducted from net profit(while computing operating activities)

latest answer

Thank you sir.

binu mathew

binu mathew

CA Final

0

5

331

Cash flow statement

Accountancy

answered on 13-Feb-24 14:41

How the amount of purchase of fixed asset was calculated in cash flow investing activities (34.5)

latest answer

Tried that and the value doesn't seem the same as in answer. Do you have the working please? Regards

Visruth Vichu

Visruth Vichu

CA Inter

890

3

387

Computation of EPS & Retained earnings

AFM

answered on 12-Feb-24 20:58

How to interpret in the given qn? (Illustration 23) A company retains 50% of its earnings which are ₹ 10 per share. Whether EPS = ₹ 10 per share or Retained earnings = ₹ 10 per share?

latest answer

eps 10

VISAAGAN R

VISAAGAN R

CA Final

940

1

337

Risk Management Illu-2

AFM

answered on 12-Feb-24 20:58

Sir, when i calculate portfolio variance iam getting different answer, also the portfolio SD which is the square root of variance the figure is different

latest answer

if you do not share your working or answer, how can i respond?

Abhinav K A

Abhinav K A

CA Final

2K+

1

163

CA Foundation new scheme

Exams

answered on 12-Feb-24 19:42

Hi ! I have lot of doubts about new scheme I have searched in YouTube but not get clear information So I come here to clear it In June 2024 attempt of ca foundation 1 ) Will they ask past year questions? 2) Did they declare paper patterns 3 ) From Where to get past year questions? 4 ) There is any change in maths or accounts paper pattern?

latest answer

Past papers can be downloaded from our app under free resources. Paper pattern will be known when we get Mockt Tests from ICAI

Sonia

Sonia

CA Foundation

0

1

401

Incremental cash flows

AFM

answered on 12-Feb-24 19:21

In 5 th year PV of working capital arrived as 35 Million. Can you explain how it is arrived?

latest answer

WC req 50 Already deployed 15 incremental 50-15 =35 Assume you set up a Kirana store and store always has 1 lac of inventory and receivables of 50K If you shut down the store after 5 years, you will get back this 1.5 lacs invested in WC right - same at end of a project all WC invested in it will come back as cash

Gogul kannan seshadri

Gogul kannan seshadri

CA Final

12K+

1

182

salaries

Direct Taxation

answered on 15-Feb-24 20:02

furnies and unfurnies class are not taken sir rent free accommodation

latest answer

Welcome.

Rajasekaran R D

Rajasekaran R D

CA Inter

1K+

3

363

Ind AS 115

Financial Reporting

answered on 13-Feb-24 12:18

Hello Sir, Can you provide an answer for this question?

latest answer

Total estimated Cost = Work certified + Work not certified + Expected Cost = 500 + 105 + 495 = 1100 Expected contract value - 1000 + 5% = 1050 Loss = 50

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

305

Advanced Capital Budgeting

AFM

answered on 12-Feb-24 19:18

Hello sir Can you provide the reasons for the question iii

latest answer

Did not understand your query?

Suresh Avinash

Suresh Avinash

CA Final

3K+

1

293