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March 3, 2018 at 1:42 pm
I would also like to ask about the loss on disposal being included in operating activities. If you look at a pro forma statement of cash flows any gain/loss on a disposal of a subsidiary is included, yet this was not done in the memo. Could someone please explain? Also I agree that the bal b/f for goodwill should be on the debit side.
February 18, 2018 at 8:44 pm
why do you open the goodwill balance of the credit side? Goodwill being an asset I would have expected to have a debit opening balance.
October 28, 2017 at 4:39 pm
Can please someone help me with why the bank overdraft of 2 million added bank to find the net proceeds? Where in the question it says we got rid of the liability?
September 2, 2017 at 11:02 pm
Never mind a break, I think you deserve some kind of medal after all that.
What a hideous question.
August 20, 2017 at 8:54 am
Why didn’t you credit the FV dep RE: note (i) in the PPE T account?
August 19, 2017 at 4:45 pm
The b/f amount of the goodwill account should be on the debit side?
September 4, 2017 at 10:39 am
I agree with you
May 31, 2017 at 1:40 am
Sir you included the loss on disposal in CFO, but the answer did not include it? Any possible reason why it was or was not to be included?
March 3, 2018 at 1:44 pm
I have also questioned this. Gains/losses are included under operating activities so I agree with what Chris has done, yet it was done in the memorandum.
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