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but all the results turn wrong though, for the extracts made for the comprehensive income and the financial position…?
Does anyone know if we used the wrong stage of completion for the construction contract, even though the workings and treatment is correct, do we still loose all 7 marks? Please someone that might know answer to me please. 🙂
in question 2 the note where it mentioned the loan note? was it issued or invested? in other words was it a liability? finance charge in p/l and non-current liability in balance sheet? anyone please?
can someone please tell me if they are sure that the loan note was a liability and an amortization table was drawn to figure out the Finance Charge for the comprehensive income and the then we had a balance for the non-current liability in the statement of financial position? please someone?
so i was defintely a liability right? do you remmebmet if me mentioned in the note as ‘issued’ loan note or ‘invested’ a loan note?
was though calculated as normaly? meaning that there was a finache charge in the comprehensive income and then the an amount that was split to current liability and non-current liability? was the loan note issued or invested (as written in the note in the question) since I can’t remember..
Can someone tell me if in question 2 the loan note was a liability or an asset? details please
