#3 Investment Accounts - Problem 2 (FIFO & WAC) - CA INTER - By Saheb Academy

This is the second problem of Investment Accounts where I have explained How to value Closing Balance through FIFO and Weighted Average Cost (WAC)?
Here in this problem Due Date is NOT EQUAL to Year End and there is Opening Balance so Interest Receivable concept comes into existence.
⏱TIMESTAMPS
0:00 - Intro
0:12 - Problem
34:59 - FIFO Valuation
43:49 - WAC Valuation
The above timestamp is just for the FIFO & WAC, if you want to revise those methods later but to understand properly watch the whole video.
After watching this video you will be able to solve any Investment Account's problems where Fixed Income Bearing Securities are given.
This video is especially for CA Inter Group 1 students.
#1 Investment Accounts - Concept
• #1 Investment Accounts...
#2 Investment Accounts - Problem 1
• #2 Investment Accounts...
#4 Investment Accounts - Variable Income Bearing Securities
• #4 Investment Accounts...
#5 Investment Accounts - Problem 3
• #5 Investment Accounts...
PDF Notes (Telegram)
t.me/sahebacademy7
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
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#InvestmentAccounts #IPCC #CAINTER

[@Aujene276]

Thankyou for this accurate and beautiful explanation sir!!!😭

[@mahanandanamasudra2353]

Thank you very very much for making clear of concept

[@musictouch9184]

Thank you sir for this amazing video.👌👌

[@abimanyudev6571]

Thank you so much sir...I am particularly fan of ur teach...sprb sir

[@rumeshikamadhushani8402]

Thank u so much sir. Its clear and no doubt at all.

[@anusharajesh952]

Amazing explanation. ..thank you sir

[@darlingcreations1886]

Clearly understood sir no doubt at all

[@divyabansal9183]

Sir is this presentation of boxes ok for exams??

[@rushiiiiiiiiiiiiiiiii]

why he has not calculated profit or loss on sale of investment???????

[@shivamkabra6104]

Sir how should we treat if debentures are converted into Shares?

[@palakmanchanda3675]

Nice explanation and presentation

[@Gamer-jw9yq]

What to do when only 1 debenture's cost and whole face value is given(no units are given on.purchase and sale)😢

[@vaidehishree1944]

Sir is this applicable for ipcc old syllabus also for may2021? Sir plzzzz do reply....

[@kuljeetkaur9844]

Very nice explanation 🙏🙏

[@kaushikpal360]

Thanks sir 🙏

[@liwilson54]

dude thanks.

[@nayanas1989]

Thank you so much sirrr

[@sivadharini5248]

Bro pls do a video for holding company account

[@sharanshaiva4889]

Sir in calculation of interest in opening balance, year end ka matlab 31 dec or accounting year end 31 march.

[@pgouri9077]

In the icai module profit is calculated after every sale of bonds and recorded in investment ac . Can we not follow that and record profit how you have done in the video?
Will I get marks in the exam?

[@SahebAcademy]

Yes you will get full marks.

[@vidhyabai7041]

One doubt
Why aren't u calculating profit or loss by selling investments?And ur answer is still correct

[@SahebAcademy]

Do you remember trading a/c we used to take sales on credit side and at last we used to take gross profit or loss?
Here I have done the same way.
You have two options either record profit or loss every time you sell
Or
At last at once.

[@foramjogi4515]

Sir koi sum me cost price na di ho to kya karne ka ?

[@wardakassim8122]

Nakupenda sana saheb

[@anuraggupta1428]

If amount was ther than how to calculate FIFO method 🙄

[@theamantk7232]

Sir mera financial accounting bcom 1st year ka exam hai sir ....i need your help sir please reply 🙏

[@biswaruppal7110]

quickly upload the variable income bearing securities. plzz clearly tell the logic behind pre acquisition dividend

[@SahebAcademy]

Investment Accounts - Variable Income Bearing Securities
th-cam.com/video/Tk3ZtYIEmwA/w-d-xo.html

[@SahebAcademy]

#5 Investment Accounts - Problem 3
th-cam.com/video/GQO6fZRhIbQ/w-d-xo.html

[@jk-uh9bn]

Why dont you calculate profit or loss for each selling 🤔🤔

[@keerthan_05]

Same Doubt I Got Now, But it is upto our discretion

[@five_min]

​@@keerthan_05because he is calculating closing balance

[@K.Sneha3105]

With doing that and without doing that we get same solution

[@rajansavailya4292]

Consider investment account like trading account as in trading account we don't calculate profit or loss for each sale , We just record purchase and sale and at end we value closing stock and after recording closing stock in trading account we just do balancing and what the balance we get it is either profit or loss similarly in investment account first we record purchase and sale of investments and then we will record closing investment and after balancing we will get either profit or loss.
Note- That profit and loss is net of profit and loss for each investmen

[@amruthasunilkumar5005]

​@@rajansavailya4292🎉

[@khanekikhawaish]

thanks a lot sr

[@rajatnarendrasunwane5850]

Aise clear to hamare College ke sir bhi nahi karte 🙏

[@noone6994]

How many lecture are pending??

[@mayankgupta2485]

Sir profit on sale of bonds nahi kiya aapne ?? Ans is different from book

[@SahebAcademy]

Do you remember trading a/c we used to take sales on credit side and at last we used to take gross profit or loss?
Here I have done the same way.
You have two options either record profit or loss every time you sell
Or
At last at once.

[@aryanjain9768]

arey pass hi ho gaye bhaisaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaabbbb

[@khrawboktongper7239]

Please sir help me to explain about cost accounting for b.com

[@mohammedhalith7121]

Bro profit on sale will differ in both the cases right?

[@SahebAcademy]

See you have two options
Either calculate the profit each time you make the sale or take it at last one amount as I have done.
Both ways are correct.

[@mohammedhalith7121]

@@SahebAcademy yeah.. thanks ...kindly do videos on AS

[@soumiksaha7701]

Profit nd losses ka posting nehi kiya??

[@srinuyadav8958]

Bro can we make this table as working note in ca exams
Will it be ok ?

[@SahebAcademy]

Yes you can

[@pavanreddy8353]

Bro variable income bearing securities? I stopped my preparation for for explanation

[@SahebAcademy]

Investment Accounts - Variable Income Bearing Securities
th-cam.com/video/Tk3ZtYIEmwA/w-d-xo.html

[@SahebAcademy]

#5 Investment Accounts - Problem 3
th-cam.com/video/GQO6fZRhIbQ/w-d-xo.html

[@shrutiagarwal1440]

can you please post video of redemption of debentures for CA inter??

[@SahebAcademy]

#1 Redemption of Debentures
th-cam.com/video/v5oRgGohsu0/w-d-xo.html

[@snehasathyendran4621]

Bro plss do a video for holding company

[@SahebAcademy]

#1 Consolidated Financial Statements - Concept
th-cam.com/video/em4OCDiJDNc/w-d-xo.html

[@neethuvarghese323]

Sir , can u plz do practical problem no:3 of ca inter study material.

[@Sumanyc9071]

Sir having been solved the above solution for valuation of closing stock. Wherein you took without brokerage. Means you actually took no of shares * rate. Because here in this question there is no brokerage. My query is what if brokerage is given in the question. And we need to take net brokerage value. As calculation of closing stock ?? Under WAC.

[@sahilmehta4882]

Same

[@ayushsharma6928]

25:04 = I think you forgot to find out profit/loss on sale of investment

[@SahebAcademy]

No dear
Do you remember trading a/c we used to take sales on credit side and at last we used to take gross profit or loss?
Here I have done the same way.
You have two options either record profit or loss every time you sell
Or
At last at once.

[@ayushsharma6928]

@@SahebAcademy thank you sir ❤

[@abhinavabanerjee3526]

question 2:11

[@gokulkrishna8856]

Sir how to identify the opening value is ex- interest price or cum- interest price ?

[@SahebAcademy]

It will be given in the question as here they have said Cost (Ex-Int) 1,18,000

[@SahebAcademy]

They can also say “book value” instead of cost so immediately you have to understand it’s ex interest.

[@gokulkrishna8856]

Thank you sir

[@badhushalast6567]

If nothing is mentioned whether ex - int/cum-int we have to take it as ex int.

[@SahebAcademy]

Yes

[@abijith4358]

Upload classes for eis and sm

[@SahebAcademy]

Sorry I don’t teach those subjects.

[@mahalakshmi9885]

1st view....do for remaining accounts chap loved ur explanations

[@SahebAcademy]

Thanks dear😊👍🏼

[@mahalakshmi9885]

@@SahebAcademy yu r the one tutor who use predominantly English...this is more useful to other lang students to prepare for exams😄

[@SahebAcademy]

Yeah 95% of the accounting channels on youtube teach in Hindi and I am from Karnataka so I understand the situation of the students here.😊

[@SahebAcademy]

I get too many msgs and comments to do videos in Hindi so in the recent videos I have started using a little bit Hindi here and there for just the technical points but I would never do videos entirely in Hindi on this channel.

[@mahalakshmi9885]

@@SahebAcademy thnqqq yuu for considering our queries.... Kudos sir!!👌🤝

[@madhureddy9080]

How to purchase whole class?

[@SahebAcademy]

I don’t take full classes or anything like that
I just make specific videos simplifying topics whenever I have free time

[@madhureddy9080]

@@SahebAcademy are u teaching for ca inter and final

[@Finance527]

15:30

[@darshankhore1050]

Sir ap Hindi mai hi padaya kro jada aacha rhega

[@suhanijain7599]

3:11 - op bal

[@anjalijain8592]

@sahebacademy In Ca module the b/f of p&l account is different .It is 200 ! Is it incorrect?

[@SahebAcademy]

No dear, module calculates profit each time they sell. I take at last at once.
Both are correct.

[@SahebAcademy]

Module has taken 833 first and then 200
I took 1033 at once.

[@anjalijain8592]

@@SahebAcademy Okayy thanks

[@daarshanpatell]

Thank you so much sir! That was the same doubt I had. You're doing amazing! ❤ I just hope icai doesn't cut marks if we combine it.

[@mkhanam328]

বাংলায় বুঝান 😑