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Sir,
the text book of F3 Kaplan had further explained accruals and prepayment to accrued income and prepaid income , as i am studying from open tuition notes and lectures i couldnt find any thing on these two, so my question is whether they will not be asked in the examination or they are somewhere in lectures.
and as i am only considering opentuition notes and lectures, does they cover the whole syllabus or i may also have to refer to the text books, i also find some question on accrued income in kaplan kit which i couldnt solve
please advice me on this, Thanks in advanceAccrued income and prepaid income can certainly be asked in the exam.
The logic is identical to the the logic we apply to accrued and prepaid expenses, and so if you understand that then there should be no problem. There is no need for additional lectures on them.
If you have problems with any questions on this in your Revision Kit, then ask here about the question and I will obviously explain.
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