[rafapak]

thanks for reply

[rafapak]

yes, i have, thanks for reply

[rafapak]

thanks

[rafapak]

when you match received income to depreciation it balances the loss that depreciation would cause if accounted on its own. Now when you match income with depreciation you don’t have loss in your profit and loss. Is that the reason why we must match received income with depreciation ?

[rafapak]

thanks for reply. Why do we have to match received income to the use of asset ?

[rafapak]

thanks

[rafapak]

i watched your lectures but only once. I should have watched them twice or more. Thanks for reply anyway.

[rafapak]

thanks

[rafapak]

thanks

[rafapak]

thanks for explaining this to me

[rafapak]

thanks, now I get it

[rafapak]

thanks for reply

Yes , credit transaction results in increase on botn inventory and payables account. Can you tell me how those two entries (Debit on Inventory and Credit on Payables ) net off in cash flow ? I have troubles to grasp it.

[rafapak]

thanks for reply. Now I get it .

[rafapak]

@rafapak said:
Dear Sir

Chapter 15 is devoted to deferred tax. In this chapter permanent and temporary differences between accounting and tax profit are mentioned. Are the any different chapters where permanent and temporary differences are discussed? I am talking about situations where a given cost or revenue for accounting purposes is recognized now but for tax purposes this cost or revenue will be recognized when it is paid.

thanks for reply

[rafapak]

thanks for reply, were there many changes introduced so that old vat lectures are completely useless now ?

[rafapak]

Dear Sir

Chapter 15 is devoted to deferred tax. In this chapter permanent and temporary differences between accounting and tax profit are mentioned. Are the any different chapters where permanent and temporary differences are discussed? I am talking about situations where a given cost or revenue for accounting purposes is recognized now but for tax purposes this cost or revenue will be recognized when it is paid.

[rafapak]

thanks for reply

[rafapak]

thanks for reply

[rafapak]

thanks for reply

[rafapak]

thanks for reply

[rafapak]

Thanks for reply

In chapter 26 part 2 lecture on acca management accounting when calculating material quantity variance you found out you saved 136 kilograms. When you wanted to calculate your saving in terms of money you multiplied 136 kilograms by standard price which is 4,50 dollars. Why didn’t you use actual cost when you calculated your savings ? Why we have to use standard cost when we calculate savings? Standard cost is not real cost so why do we use standard cost when we calculate our real saving in terms of money ?

[rafapak]

thanks for reply

[rafapak]

thanks for reply. I will definitely watch videos on accruals and prepayments again

[rafapak]

thanks for reply

[rafapak]

thanks for reply and explanation

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