- This topic has 3 replies, 2 voices, and was last updated 9 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Hi Mr Moffat,
I was doing a question on Consolidated Financial Statements and came across a sentence which reads ‘The profit after tax of Safari for the year ended 30 June 20X6 accrued evenly throughout the year.’
I cannot understand what is meant by that!
Could you kindly help me ?Thanks in advance
It means that it was spread evenly (e.g. if the profit for the year was $12,000, then it was $1,000 a month).
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.