I am starting today and preparing to take the exam in March of 2026.
Hello, Just wanted to ask if the spread is smaller, the size of standard deviation will be higher and the…
No. The accumulated depreciation account is effectively a negative asset account. The disposal account is simply a ‘workings’ accounts to…
OK, although the fact that the answer does not use the term annuity factor the fact that is says 1…
Hi. Can I ask, are the disposal and accumulated depreciation accounts a liability account?
I shall certainly give that a try 🙂 I’m now quite looking forward to the next time I feel a…
Question 2’s answer says “the discount factor for year 1 – 4 at 10%…”. It should say the “annuity factor”.…
Hey Mike, thanks for the lecture! By the way, if you think of pineapples when you’re about to sneeze, it…
Because we will have to pay for the hours that they work. Spare capacity means that they can work more…
Hello sir, Point 5. Given that the machine has 4000hrs available capacity, why are we recognising the whole 6000hrs*3=$18 000…
Choose a higher rate?
That is what I thought so.. don’t know why the impairment goes straight to P&L.
Using your method of calculating IRR, what would we do in the case where the second interest rate does not…
how long did take for you to prapare the entire subject i have only a week and i haven’t studied…
does that mean Dr Profit/ (loss) SOPL and Cr NCA held for sale in SOFP?
Why is it wrong to say management is responsible to prevent fraud and auditors are responsible to detect it?
One of them had been written off as irrecoverable and so removed from receivables. The other was only doubtful and…
I do not know which book you are referring to – our lectures work through our free lecture notes. Our…
Hello Sir, I have a little doubt here, why didn’t we debit Allowance and credit Expense for Ann? I understand…
Hi, Comparing the lectures with the chapters in the book it seems quite different. Do the lectures and notes cover…
Shouldnt the 2nd journal entry be DR SPL-1500 , DR PREPAID(NOT ACCRUAL) 500 AND CR BANK 2000 OR AM I…
FYI, the live view lecture note is corrupted and there is a error message “Invalid or corrupted PDF file.”
Thank you for your comment 🙂
That is true (about jumping the gun) 🙂 In the exam you can obviously do it whichever way you find…
I salute you. This has been the best expalanation. Thank you so much
it is given in the question
OK, you described this method at the end of the video. Teaches me not to jump the gun before watching…
Pardon, meant 2nd example. Same method works for the perpetuity example. Seems a more logical approach than subtracting.
For the first example I calculated the annuity for 10 years then discounted the result by 3 years and got…
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Yes, they can be used. Use them in conjunction with one another.