2147
No. It has been shared separately
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Hello, this one’s from MTP24. Kindly explain the logic behind the answer of ₹70000 to the 2nd part here related to current liability of lease!
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Anyone have atul or aaksh sir full sllybus test of fr?
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I have a doubt please clarify.
In consolidation, if dividend is paid by subsidiary out of pre-acquisition profits and we are following Fair value method for calculation of NCI, what is the entry that needs to be passed?
Consolidated P&L Dr ××
To Networth / Goodwill ××
(To the extent of Parent's share)
Am I right?
i) There will be no impact in NCI right?
ii) Even if Partial Goodwill method is followed the above entry would remain same. Right?
Hi sir can you explain to me why here the answer is ind as 10, cos even if the agricultural produces are perishable and prices have reduced, it doesn't mean that there was a condition as on the closing date of balancesheet right?
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Hi Bhavik Choksi FR Sir, In IND AS 36, point no 2 in "note", when does such situation arise ?
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So can we say that frm now onwards we can do prospective accounting
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26.5 is the FV..so reversal of 1.5
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Carrying Value before impairment ( 6 month)= 29 lacs
Fair value = 30 lacs
Impairment = 1 lacs
Actual balance carrying value = 25 lacs
Reversal is 29 lacs-25 lacs= 4 lacs
how the carrying value is 2650000
After 6 months
Carrying value before impairment = 29 lacs Recoverable value = 30 lacs Revised CV = 29 lacs Actual balance = 26.5 lacs why is actual balance 26.5 should be 25 lacs?
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Join grp for IBS related doubt
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Please help me my friend has completed ca final grp1 and now is leaving ca .. 😢 and she does not have graduation .. she is registered in bcom a&f program if she gives exams of ignou bcom a&f 6 papers will she be provided with bcom degree ???please koi bta do.. she is very tensed..
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Same doubt Bhavik Sir please reply
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Does bhavik sir's MCQ booklets for FR and AFM include ICAI's MCQs?
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Yes sir. Thank you so much.
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Also, Does this entry remains same even
i) when the dividend is paid before acquisition date out of pre acquisition profits?
ii) when the dividend is paid after acquisition date out of pre acquisition profits?
I mean WHEN the dividend is paid is irrelevant right?
We see NRV. NRV is impliedly affected by condition existing on b sheet date and hence adjusted
Like if investment was given...it has fair value not nrv, so we wont adjust as per ind as 10
Sir, in English revision videos of IND AS we face a bit difficulties to understand. Is there any possibilities that you will take any marathon in hindi till Nov 24 attempt?
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In IND AS 36, point no 2 in "note", when does such situation arise ?
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Show that its impractical to restare and give reasons and solve
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Sir suppose there is an Defined Benefit Obligation of Rs 120
and fair Value of Asset is Rs 100
The treatment as per IND AS 19 was not done in any previous year. So According to IND AS retrospective restatement is to be done.
If retrospective restatement is not to be done then how can we account for it prospectively.
It is against IND AS but if we want to do so then how can we do it?
1.5 was reversed earlier
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After 6 months
Carrying value before impairment = 29 lacs Recoverable value = 30 lacs Revised CV = 29 lacs Actual balance = 26.5 lacs why is actual balance 26.5 should be 25 lacs?
Bhavik Sir FR when can we expect AFM theory questions pdf for may 24
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Yes, she will get the degree.
Just CA inter is enough for IGNOU
Join grp from my profile for CA final paper 6 IBS related doubt
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Bhavik sir pls take action on @Steven74089
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