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Ohh ok Thank you…..
thank you 🙂
Thanks a lot Mr. Moffat, this makes much more sense to me 🙂
Thank you and my apologies i will state what i don’t understand next time.
Thank you so much sir….. and yes i do have the answer i just didn’t understand how they got the answer there wasn’t much explanation , but i do now. thanks again……. 🙂
4 quarters in a year (3 mths a quarter) thats 4 payments of 6000 a year total of 24,000
the question ask to show how the loan would be shown in the SOFP at year ended dec 2012.
current liabilities = 24,000 non current liabilities = 48,000
hope this helps……
Hi, thanks im feeling a bit better, jus gonna put in a bit more work….. for my upcoming papers , six more to go…. 🙂
Thank you john….
