[lteubes]

Sorry I was not being very bright. I see they re-classified the type of asset. Sorry about that.

[lteubes]

Good day,

I just attempted this question and I don’t understand why the fair value at 30.06.x8 (950,000) is used instead of at the date of the year-end (1,200)?

The answer in the question states that: “The increase of (1,200-950) = $250,000 arising between 30.06.x8 and 31.12.x8 will be credited to profit or loss. So why is the $203,000 taken to revaluation surplus?

Thank you for your help

[lteubes]

Thank you very much for the response. This has helped me a lot. I will be reviewing the lectures again 🙂

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Hi Mr. Moffat,

Sorry I figured it out. I was not thinking clearly. Maybe just typing this question out helped me to wake up.

I was calculating it completely wrong, but have now solved it. Thank you very much

[lteubes]

Thank you for explaining this point to me again. I have watched the lecture again, not sure how I missed it the first time!

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Thank you so much Sarah, you really helped me!

[lteubes]

Has anyone had problems with their exam results not showing on myACCA?

I wrote and passed my F2 exam a week ago and the results are still not showing. Apparently they are having IT problems and cannot tell me when it will be fixed.

Has anyone ever experienced this?

[lteubes]

I wrote my F2 exam a week ago and results are still not reflect on myACCA login.
Apparently they are having IT problems and cannot tell me when this will be fixed.

Anyone experiences the same thing?

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