Ravikanth miriyala accounting standards pdf

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ravikanth miriyala accounting standards pdf

AS book by Ravi Kanth Miriyala - Students Forum

It includes all revenue or gains. Revenue is income that arises in the course of ordinary activities of an entity but this standard deal with only certain type of income. This standard mainly focuses on the timing of recognition i. It will be recognised when future economic benefits inflows are probable. Sale of goods; 2. Rendering of services; and 3. The use by others of entity assets yielding interest and royalties.
File Name: ravikanth miriyala accounting standards pdf.zip
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Published 28.12.2019

AS 11 part III compressed

The publisher of the book is Bharat Law House Pvt.


Considering cost-benefit analysis and as per the past practice, the company pays a penalty for foreclosure of the existing loan and treats prepayment penalty as transaction cost for the new loan. Healthy stuff only. In this case, adjusted standrds the amount of any cash or cash equivalents transferred. It grants programme members loyalty points when they spend a specified amount on medicines.

Situation 1: XYZ Ltd. Concept capsule 12 Santi Ltd! Click here to know More. Due to subsequent fire accident on at Mr!

Accounting Standards made easy CA Intermediate | CA IPCC

The publisher of the book is Bharat Law House Pvt. The book is in english language. The Table of Content or a quick excerpt on the book has been provided on the book page. A few are recommended as below —. Visit www. Your email address will not be published. Toggle navigation.


Entries in books of B Ltd. Your email address will not be published. Mostly healthy. Uncertainty in ultimate collection arises.

The entity is responsible for maintaining the equipment and for replacing it when the entity decides to do so. In midiyala situation - there are two types of revenues i. Ravi Kanth Miriyala. In this case, these entities should disclose this appropriately.

There is no guidance on bifurcation of revenue between sale of goods and services. How important it is for you to pass the exam in this attempt. X Ltd. Revenue should be measured at fair value of consideration received or receivable.

Keep falling ill often. As discussed above, interest and other income should be recognised only when there is certainty in receipt! Therefore, the entity should recognise the equipment and measure its cost on initial recognition at its fair value standardd accordance with the relevant provisions of Ind AS Click here to know More.

4 thoughts on “CA Final Accounting Standards made easy By CA. Ravi Kanth Miriyala - CAKART

  1. Location: Yeshas Acedamy, Malleswaram- Bangalore Time: to am morning batch Contact: These classes will surely help you. Class room recorded videos - with good quality. Please inform your friends also regarding this. I have given differences in the book and some one wants to study in detail. 🙊

  2. Suggested answer The substance of the transaction in the acccounting is that X Ltd. Bineeta Sinha. If installation is a simple inspection process, ii the sale of second-hand bicycles and iii the rental of bicycles. The shops have three sources of revenue: i the sale of new bicycles, recognise the revenue when goods are delivered.

  3. In the given case, Lift installation is significant than the shipment of goods to the site. Soetan Olawale Rasheed. Stnadards capsule 18 Mr. It is rarely possible.🙇

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