[atool333]

Pass with 70%

[atool333]

Impairment can only be setoff if revaluation surplus relates to same asset. So according to me right answer was $600000

[atool333]

My answers of mcq 1-30

A
A
D
C
D
A
A
B
D
A
D
C
C
C
B
A
D
A
B
D
D
B
A
A
A
B
B
C
D
A

[atool333]

Provision should be deducted at the time of acquisition @4000 and at reporting date 4080 ( 3 months interest @80) so goodwill 15000 post acquisition profit 1920.. balance sheet 191500

[atool333]

Passed with 81% thanks ot

[atool333]

Passed with 61%

[atool333]

Anyone remember answer of question no 29 ??

[atool333]

Yeah

[atool333]

Fail with 47%

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