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Auditing

asked 14 hrs ago

What are the chapters in corporate law I should revise before writing ca inter grp 2 auditing

latest answer

No answers yet!!

Muthu Sudharsan A

Muthu Sudharsan A

CA Inter

85

0

52

AS 19

Accountancy

asked 14 hrs ago

Can anyone send me the solution?

latest answer

No answers yet!!

Mainak Chakraborty

Mainak Chakraborty

CA Inter

0

0

46

Query in Illustration 1

Financial Reporting

asked 15 hrs ago

Hi, sir In the 2nd part of illustration 1, if the property was purchased for administrative purposes, wouldn't it be treated as PPE as per Ind AS 16?

latest answer

No answers yet!!

Ruthvik Reddy

Ruthvik Reddy

CA Final

0

0

47

Journal entries

Financial Reporting

asked 18 hrs ago

Sir is it necessary to write narration for journal entries, If not written then will marks be deducted

latest answer

No answers yet!!

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

81K+

0

46

Sec-80GGC

Direct Taxation

answered 6 hrs ago

Is the deduction u/s 80GGC is available for LLP??

latest answer

Yes

Surya Prakash

Surya Prakash

CA Final

19K+

1

48

Investment decisions

Financial Management

asked 20 hrs ago

Practical problem no. 7 in ICAI material Doubt - the cash inflow is 3 year and 4 year by choosing the option given in question, then why it is not solved using 'Equivalent Annualized Criterion'. question Alley Pvt. Ltd. is planning to invest in a machinery that would cost ` 1,00,000 at the beginning of year 1. Net cash inflows from operations have been estimated at ` 36,000 per annum for 3 years. The company has two options for smooth functioning of the machinery - one is service, and another is replacement of parts. If the company opts to service a part of the machinery at the end of year 1 at ` 20,000, in such a case, the scrap value at the end of year 3 will be ` 25,000. However, if the company decides not to service the part, then it will have to be replaced at the end of year 2 at ` 30,800, and in this case, the machinery will work for the 4th year also and get operational cash inflow of ` 36,000 for the 4th year. It will have to be scrapped at the end of year 4 at ` 18,000. Assuming cost of capital at 10% and ignoring taxes, DETERMINE the purchase of this machinery based on the net present value of its cash flows. If the supplier gives a discount of ` 10,000 for purchase, what would be your decision?

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Muhammed Salih

Muhammed Salih

CA Inter

17K+

0

53

Moderate policy

Financial Management

answered 19 hrs ago

In this problem they given to use moderate policy For roi we taken ebit in moderate policy But why for net working capital and current ratio we cannot change *current assets* Only for ebit moderate policy is applicable For current assets why not it applicable?

latest answer

Understand

anju B

anju B

CA Inter

19K+

4

55

Management and administration

Corporate & Other Laws

answered 19 hrs ago

What is the correct answer for this question?

latest answer

E voting is mandatory for listed co or company having 1000 or more members (S:108) Listed company (Sec 2(52)) excludes company who is not listed for equity shares but has only non convertible pref shares listed. Accordingly, a company with only pref shares listed need not provide e voting facility

Lucky Ten

Lucky Ten

CA Inter

0

3

93

SA 800

Auditing

answered 14 hrs ago

Maam Why the answer to the MCQ is not (a)

latest answer

Ok ma'am. Thank you

Akella Deepthi Sivani

Akella Deepthi Sivani

CA Final

10K+

4

95

Logic-Guarantee Contract

Financial Reporting

asked 1 day ago

What is the logic behind taking Interest if Gurantee not taken for calculating Present Value?

latest answer

No answers yet!!

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

3K+

0

62

MCQs
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