ACCA F7 Preparation of the CS of Comprehensive Income Example 4

Comments

1. vidhi says

   August 26, 2017 at 11:20 am

   Hi Sir,

   Ch-10 example -5 .

   I did everything correct but why do we add the goodwill to the COS sir?

   I dont get the reason. I would really appreciate your help

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2. Maliha says

   August 17, 2017 at 5:36 pm

   Hello Sir,

   Chapter 10, Example 7, Page 66

   I don’t understand how the figures of Cons. R.E in W3 b/f have been obtained
   Kindly guide

   Thank you

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   • Maliha says

     August 17, 2017 at 5:46 pm

     I’m sorry, I forgot to mention that I meant the figures of “per question”.

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     • MikeLittle says

       August 17, 2017 at 7:52 pm

       Page 66???? Maybe page 62?

       In the case of Diana, if retained earnings at the end of the year were $600,000 and retained earnings IN that year were $70,000, then retained earnings brought forward must have been $530,000 …

       … because $530 + $70 = $600

       OK?

     • bballhawk says

       February 12, 2018 at 9:38 pm

       Well …. not OK. The notes state that we are supposed prepare statements for 2009 ????? Is that correct ? Did Diana sell Liga in 2009 or 2016 ?

       I don’t mean to be ungrateful( free lectures…), but it’s hard enough construct correct answer, but reconstructing the question is too confusing ….

       Sigh

     • MikeLittle says

       February 13, 2018 at 5:19 am

       Yesterday your comment was “great lectures” but today you’re not capable of accepting a year that escaped the update process

       Now there’s an inconsistency!

       Big sigh!

     • bballhawk says

       February 13, 2018 at 1:44 pm

       The lectures are great!!!! I wish there was a lecture on that example, I understand it is time consuming and you are doing the best you can.
       I wish there was a place somewhere (on the site) where I could check for errors or corrections ….

       Sorry if I am inconsiderate ( this is great great resource ) It’s just stressful to find time to study, stressful to try to understand and remember all the rules….

       Probably didn’t phrase my complaint/question in the best way possible.

       Apologies. Many thanks again.

     • MikeLittle says

       February 13, 2018 at 3:29 pm

       No worries – we do try but even professional publishing houses have misprints and errors and they have staff that are full time checkers and proof-readers

       Anyway, time to move on

       🙂