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OpenTuition recommends the new interactive BPP books for September 2025 exams.
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Benny

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Active 6 years ago
  • Topics: 5
  • Replies: 2
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Viewing 2 posts - 1 through 2 (of 2 total)
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  • October 28, 2015 at 3:14 am #279334
    mysteryBenny
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    • Topics: 5
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    • ☆

    Ok.

    Thank you for the explanation.

    October 27, 2015 at 1:09 am #279143
    mysteryBenny
    Member
    • Topics: 5
    • Replies: 2
    • ☆

    Hi Sir

    Thank you for the explanation.

    BPP text do have the explanation.

    However, the part which i do not understand is that the depreciation was being added back.

    Below is the ans.

    Profit for the year 1,175
    Add back depreciation 100
    1,275
    Add: issue of shares 1,000
    Less: repayment of loan notes (750)
    Less: purchase of non current assets (200)
    1,325
    Less: increase in working capital (575)
    Increase in bank balance 750

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Viewing 2 posts - 1 through 2 (of 2 total)

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