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siivt

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  • August 24, 2020 at 2:57 pm #581766
    cb6a1fdbe194969a4e3b118fad314657d2968dc68f4c47b4c36c1e06ced393eb 80siivt
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    Hi tkhue3296,

    I’ve haven’t seen the full question but I’ve had an attempt at laying out an explanation. Let me know what you think.

    SOFP = Prev. YE 100,000. This year = 72,000*2/3( =Feb & March less April) = 48,000. The change in Accruals is 52,000.

    SOPL = If 347,000 was paid this year then 52,000 was accrual/electricity used in the previous financial year. 347,000-52,000 = 295,000 is this financial years’ expense.

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