[mayowa]

I hope you were all able to get the correct answer. To add to Semkoua’s explanations, amortisation has to be included is included in the 60% of other costs. I have just spent over 1 hour doing this question and that was the only part missing

[mayowa]

I agree. 🙂

[mayowa]

Pass with 84%. Thank God 🙂

[mayowa]

Hi Rustam,

From my understanding you should only recognise 100k for year to 31st march (500/5 = 100) the remaining 400 should be recognised in the SOFP under government grant (100k as current liability and 300 as Non- current liability)

[Author]

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