[Divyasri]

Thanks for your reply Tutor,

But why net current asset is not included for allocation of remaining 25. Allocation is made only between engine 2 and trackers at the ratio (60: 90)

Why is it not allocated among net current asset, engine 2 and trackers in the ratio (150: 60: 90)

Thanks

[Divyasri]

Thank you tutor

[Divyasri]

Thanks for your reply tutor,

Dr Depreciation. 3500
Cr Accumulated depreciation (SPL) 3500

Dr Revaluation reserve 1000
Cr Retained earnings. 1000

Is this entry right?

Also in open tuition material answer ,
in SFP only PPE – 14000 is shown
Should we also mention
Retained earnings- 1000(in SFP)

[Divyasri]

Thanks for your reply. Appreciate your great contribution for ACCA students

[Divyasri]

Is there any option available to get notified if my question is answered

[Divyasri]

Thank you so much tutor

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