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SUPPLY
Indirect Taxation
answered on 05-Feb-24 07:48
Sir, in case a person has an electronic shop registered in one state and has another liquor shop in the same state. Then will the liquor shop be considered as distinct person?
latest answer
Yes it is regarded as distinct person. If one establishment is in one state and another establishment in another state then both are regarded as establishment of distinct persons.
Swathi Krishna
CA Final
★ 8K+
7
324
Illustration Related Doubt
Financial Reporting
answered on 05-Feb-24 12:36
Sir, In case the government is sure that it will reimburse the cost in shouldn't we take it to P&L as when it becomes receivable? will there be any change in impairment computation ?
latest answer
Then we can take it to P&L applying principles of Ind AS 20
Vanacharla Sai Pavan Kumar
CA Final
★ 8K+
3
284
capital Introduction
Accountancy
answered on 05-Feb-24 12:44
In Chapter 2 Framework For Preparation and Presentation of Financial Statements . Illustration 2 . At the time of introduction of capital Asset increased , but Liability not increased . Why is it so . At the time of capital introduction, Asset ( Cash / Bank ) and Liability ( Capital ) will increases is it so ?
latest answer
Capital is not called liability. It is referred to as capital.
Rithwik pookkot
CA Inter
★ 3K+
1
155
Utkarsh amount of Rs 12 L
Financial Reporting
answered on 05-Feb-24 12:07
I didn't understood the logic behind not considering Rs 12L
latest answer
We will consider the estimate given by senior technical person.
Hrishikesh Pradhan
CA Final
★ 18K+
1
318
Ind AS 41
Financial Reporting
answered on 05-Feb-24 12:08
Cost to sell a cow Rs.1100 in the year 4?
latest answer
Yes. I guess I have considered 1000 in video.
iyshwarya Suresh
CA Final
★ 12K+
1
171
Ind AS 41 Agriculture
Financial Reporting
answered on 05-Feb-24 13:26
During the 4th year as on 31/3/20X2 fair value less costs to sell Rs.1100 will come sir i think so in the question 1100 there but you solved using Rs.1000. Am I Correct or Wrong?
latest answer
Thank you for your reply sir
iyshwarya Suresh
CA Final
★ 12K+
2
181
Consolidated financial statements
Financial Reporting
answered on 07-Feb-24 11:23
Sir, in tyk of the study material, question 8 why don't we add the increase in the fair value 100 to the inventories?
latest answer
Can you post the question as well pls.
Swathi Krishna
CA Final
★ 8K+
1
301
management test
Accountancy
answered on 05-Feb-24 12:46
in management test company choice how many no. of. number of segment as a reportable segment
latest answer
Yes.
Raliya Kani
CA Final
★ 2K+
1
175
AUDIT RISK
Auditing
answered on 05-Feb-24 08:27
Why not fourth option?.. because Audit risk is also affected by Quality Control..
latest answer
Hmm...thank you bro:)
Sr the Unique
CA Inter
★ 10
3
347
Framework on prepation and presentation of FS
Accountancy
answered on 06-Feb-24 07:55
How to calculate present value factor?
latest answer
Ok sir
Harshavardini
CA Inter
★ 180
8
325