[latoyaC]

Good Day Tutor,

Thanks much for your reply. I have a question reference the answer to
practice question from the notes. Kindly direct me as to where this should be asked if not here please.

Practice question 14 – GRACE

In calculation the capital allowance for the period 1May19-31July20, why did the practice answer apportion the AIA and WDA as 15/12.

AS OPPOSE TO

2 separate computations as follows:

– 1May19 – 30Apr20 (12mths AIA 1mil) giving a capital allowance of 73388
– 1May20 – 31Jul20 (3mths AIA 250000) giving a capital allowance of 797

[latoyaC]

Noted. Greatly appreciate you explanations also extra example.

[latoyaC]

I totally messed up my ABC question by changing it…..But for my answer which i was confident with but crossed outtttt….*screams*,my ABC results for both companies were lower than original…so i stated the company should go with ABC.

[latoyaC]

Hi All,

Found this paper to be well prepared,however,I needed to put in more work.Transfer pricing is by far the most challenging.The worst thing is to realise you changed your right answer.**Headache**…Does ACCA go through crossed out workings???Feeling so depressed right now….

[Author]

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