Recent comments

Yes it can be used - there have been no changes to the syllabus.

Dear tutor, excellent lecture, thank you. I have one question regarding record keeping. Everything nowadays is digital and you mentioned shredding the invoice is deliberate and concealed hiding of evidence in the eyes of...

Can this be used for December 2026? Is there any changes to note?

yes they are

Yes they do (and thank you for your comment)

Sir, thank you very much for this helpful lecture; it is much appreciated. I have a question. what about the '00s we excluded, how did we account for those? Do they also cancel out like the '000s

Great lecture. As always, from Mr. Steve

No - the inventory cost is only as I state in our free lecture.

Apologies I gave the wrong % for dividends in fact should be 8.75% for the basic rate threshold. so that will make £500*8.75%=43.75 Total tax payable 1829.75

I assume you are referring to example 5? PAYE was 19,500 less PA 12570 = 6930 @ 20%=1386 Then she also had bank deposit of £10,000 If you add the gross salary plus the bank deposit of 10k the total brings you...

Why is the impairment allocated to Net Assets still 5 if the 5 is derived from the grossed-up goodwill? The Net Assets was also grossed up to derive the goodwill of 35.

hi sir the example 1 says holding costs amount to 10% per annum of inventory value, and it asks to find out inventory cost per annum is it not that the inventory value is ordering cost + purchaing cost and then we ne...

Hi Sir, Is the inventory value only the actual cost of the item ($25 per desk), or do we need to add the ordering cost ($20 per order) to calculate the annual inventory value?

Hi John, Could we eliminate depreciation by depreciation by Dr accumulated depreciation 1116000 and Cr 1116000 to cost? And then dr 588000 in the cost a/c and cr 588000 to revaluation surplus?

Sir, your lectures are much easier to follow. The other lectures by the other lecturer are usually difficult to understand from. Thank you OpenTuition for all the efforts. :)

21! You're very young sir XD

Thanks for informing!

Yes they are all valid for November 2026

I am pleased that you found it helpful

But 20/80 x 8000 =2 000