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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › reserves or cash
Hi John
Sometimes in corporate reconstruction questions they take reserves as balancing figure and sometimes cash as balancing figure. Is there some logic to it?
I am afraid not – it depends on what information is given and what figure is missing.
(While I remember, I am on vacation from tomorrow afternoon until May 8. I will have my computer with me and will still answer questions, but it may take a little longer than usual depending on internet access).
ok, thankyou!
Have a good time!
You are welcome, and thank you 🙂