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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 55 mjy
55mjy bpp revision kit
may i know why 170,120 ,50 deducted in part (b) reading downwards its payment and reading horizontally its receipts so shouldn’t be like adding $ receipts and subtracting $payments?
like 90+20+40+50+30-40-20-30-170-120 ??
I am away from home until late tomorrow and so I do not have access to the question.
Please ask again on Monday and I will answer you then.
this is to remind you .. 🙂
It is the net of all receipts and payments to/from MJY and its subsidiaries (not the other companies).