Forum Replies Created
- AuthorPosts
- September 21, 2022 at 3:09 pm #666922
Could you explain the Interest accrual and Interest payable part. It is out of context but it is interesting to me how we will treat them in a T-account and find the charge for the SPl.
My other question is that – Interest= Interest paid – Interest Received.
What does Interest stand for here. Is it Interest expense in the SPL.. I have seen this in the study book, so it is really interesting to me. If we calculate according to the study book Interest= Interest paid-Interest received=20000-13000=7000. But if we make a T-account from the given question to you we find that SPL will show us 16300. Can you explain this question please?February 4, 2022 at 5:59 am #648072Good morning,sir. Why did you substract 90 from goodwill?IS there any reason to do that? Should we always divide impairment for PPE on a pro-rata basis?
- AuthorPosts