[craftypam]

I have got the hang of what the workings are for, however in the chapter with the answers to the examples, example 5 has (w3) split into (a) and (b) and the same happens for (w4). (a) is retained earnings brought forward(w3a)/nci brought forward (w4a) then (b) is retained earnings carried forward(w3b)/nci brought forward (w4b)

I have done (w3b) using the carried forward figures but don’t see the need for (w3a).

With (w4) I have done (w4b) but not (w4) or (w4b)

The ones that have been omitted don’t seem to be necessary to the question, when would we use these ones and why?

I am actually going through this paper as I studied it around 3 years ago and passed but need to come up to speed to study for P2 this June.

Many thanks

[craftypam]

56% pass at last 🙂

[craftypam]

50% so passed this time, good enough for me

[Author]

Posts