Comments

  1. avatar says

    In the past paper examinor gave the previous year balances of land and buliding thats opening and closing balancesand there is a alot of information like disposals depreciation etc . But ur in example there is only one year balance i dnt understand how to tackle the property plant adjustment in exam because there is opening and closing balances

  2. Avatar of manonaseriousmission says

    LEGENDARY MR MOFFAT: “And 4 maarks is how many miuntes scouters?”

    Student answers quietly in the background (“12″)

    LEGENDARY MR MOFFAT: “12?!!! GOOD LORD!!”

    Hahahahaha.. weirdly, i rewound that bit for up to 5 times just for a good laugh.. must be fun being in John’s class :)

  3. avatar says

    The lecturer is amazing, but I have a problem. The 915 on the cr side of t accounts is still the dividends payable. While I do understand that we have created an obligation by declaring or proposing the dividend, how can I judge and conclude that from the question? The question looked pretty straight forward to me (bf.IS.cf.cash) .. how do we know that we have to classify 915 as I/S obligation? What is the key indicator?

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