OpenTuition.com Free resources for accountancy students
Free ACCA and CIMA on line courses | ACCA , CIMA, FIA Notes, Lectures, Tests and Forums
View ACCA P2 Revision lectures | Download P2 notes
November 20, 2017 at 12:22 pm
I am missing 22M to balance it out. I guess (as others mentioned) this comes from the issue of new shares 20 + 2 on House. This should be dealth with under Equity and not OCE, right? If so how do we come to a total OCE of 25.4M?
November 20, 2017 at 12:26 pm
Ill reply to myself as I found the solution on the past paper answers
Issue new shares for purchase of house
Dr. Inv in House 42
Cr. Ordinary Sh Cap -20
Cr. OCE -22
November 19, 2017 at 10:44 pm
This is very helpful.
Please can we have a revision lecture for a P/L question? This is more difficult so it would be great to have to talk through a past exam question!!
February 20, 2017 at 5:53 am
Splendid. Please do more questions….
September 13, 2016 at 3:39 am
I guess he’s just missed it, like he failed to mention the figure of the investment in House at the initial data of Kutchen’s SFP. besides, I would have never ever guessed what figure Kutchen recorded in the OCE as a gain on sale of Niche, because there wasn’t any, it was a loss. and why for god’s sake does the impairment of the building located overseas include foreign exchange loss in itself?? but at least both figures go to the retained earnings, so there was no overall mistake, but there was a mistake in classification.
September 12, 2016 at 7:26 pm
apart from the mistake of the lecturer with the ordinary share capital of $20m, I wonder where the examiner put the other components of equity of $22m from the issue of shares of $20m and the contingent consideration of $2m.
June 5, 2016 at 3:38 pm
This is a superb worked example and talk through the various points and techniques, thank you very kindly for making it available!
June 2, 2016 at 10:37 pm
Great lecture. Please post more, very helpful, good approach and very well explained.
May 24, 2016 at 6:21 pm
Please upload more revision lectures of past exam paper questions. thanks
May 23, 2016 at 8:47 pm
l want to watch p2 revision but cant open
May 15, 2016 at 12:43 pm
New Lecturer to OT? Different approach to the question, IMO very well explained, thank you so much.
April 28, 2016 at 3:02 pm
Does anyone know where the link to revision lectures like this one please?
April 28, 2016 at 3:01 pm
very good lecture.please opload more
April 15, 2016 at 4:00 pm
great lecture how i wish they were at least five papers done
March 6, 2016 at 2:32 pm
Thanks for the lecture.
I have a question though, the official answer has the share capital as 63 (43+20 for the purchase of House I presume) but you have placed it as only 43. Which would be correct?
March 4, 2016 at 12:12 pm
great lecture well done
You must be logged in to post a comment.