suggested answers for nov 2010 final new

Page no : 2

(Guest)

no they dont give u in bar dear its possible for u when u  buy from bear shop i had check it belive me


siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

my friends bought the bear,when i bet with my friend for bottle amount as bet



(Guest)

but what u think if i did that much how much i should get of 16  ,

and one more not from accounts i just want to ask about fm i m really confused abt that in the q.1.c  u need to  calculate the value of put what to do first calculate the expected share price that is 282 so value of put is rs. 18  or u need to   do like   expected share price- put valve * probability by that u get rs.30  which one is right



(Guest)

leave it go for the mpv page  on accounting standard page no . 37  u get the specific answer


siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

i have also done same method as u by caculating the expected market price by multiplying with probability,the answer is 18.




(Guest)

i think that is right ,

now  had u solve q. 3  i had not


siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

i have done the consolidation problem with lot of strike offs,however i had done it correctly.how many i get it



(Guest)

q. 4.  purchase considration   27000  shares  and  9000  pref shares  total  360000

and  b/s   cash  41000 total of b/s  2288000  

1 Like


(Guest)

howmuch u r expecting form q. 3. and q.4

 

q.5   :-  for a small lot   dividend  cap  method

for  a contro;;ing u need to do cap. of earnings

 


siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

i agree with purchase consideration,i didn't remember the balancesheet total



siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

from question 3,4 i am expecting minimum 26 marks



(Guest)

q.5 .b   accounting entries  and  charing to p& l on 31 dec and then finalising it

revasal or chare to profit again the difference arisis from the 31 dec position


siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

question 5.b) accounting entries for how much amount each year



(Guest)

q. 6  unable to solve though i written the answer as i had read the same problem in the last year compiler

total 3000000-185400=2814600

q.7.  forward contract yes its a financial instument

c.company is not correct should account for sale on 30/9/2009 

d.valuation on assest easy i guess

e. 625000*.8696  and so  also in the final year 125000*.5718  should be accounted then the distrubution of financial charges also

1 Like



(Guest)

5.b.  as on  31.12  

    profit  of  2300 

then on  31-01-2010   loss of  4300



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