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OK Sir, Thank you so much for the help

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Hi Sir! Suppose that the company pays only part of its outstanding balance, should we then subtract the remaining balance from rec and payables

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Thank you for the help Sir

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Thank you so much for your help Sir

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OK thank you so much Sir for clarifying this for me

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OK thank you

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OK thank you for the help Sir

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Ok Sir, thank you for your help

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Thank you so much Sir for clarifying this issue for me

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Ok thank you Sir

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Thank you so much for clarifying this question for me. Thank you

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Thank you so much Opentuition. I’ve just cleared my level 1. The Lecturers are very good and supportive. Thank you Ken Garrett and John Moffat.

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It clearer now. Thank you Sir.

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Hello. I have some questions. Where the AI trained using the ACCA studyhub study text? What information was use? Is it chat gpt.

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Ok than you Sir

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So the answer will thus be error of commission?

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Please help me I’m still a bit confused about this question.

I’m still searching on that. If an income is treated as an expense. It’s an error of principle. And this type of error will create an inequality between the total debits and the total credits in a trial balance. So the trial balance do indicate an error of principle.

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Yes I’m sorry it’s an error of principle. But if I debited an expense account instead of another expense account. This will be an error of commission and it will still not be shown in a trial balance right

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Sorry if the question did not appear as I typed it. When I submit my query the space was omitted. Below year there is (0,1,2,3,4,5). Next to year there is cash flow($000) and Below cash flow ($000) ((350),50,110,130,150,100). And next to cash flow there is present value ($000) with nothing below

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HF Co is considering two different (mutually exclusive) investment options, investment A and investment B.
(a)A net present value (NPV) table has been partially completed for investment A.
Required
Complete the present values to two decimal places for each cash flow, using a discount rate of 10%.

Year Cash flow($000) Present value($000)
0 (350)
1 50
2 110
3 130
4 150
5 100

(b)What is the net present value of investment A to the nearest whole thousand dollars?

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Thank you Sir. There was indeed an error in the book. I was stuck with this question for a long time. Now I’ve completed it thanks to your help Sir. Thank you.

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Thank you Sir. I did not see the revaluation surplus, I was trying to calculate it though a NCA account.

But for tangible asset. Why the book did not use the b/d and c/d provided in the SOFP under NCA.

I have the 11th edition of the book.

Thank you so much for taking the time to respond to my query Sir

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I’m sorry I should have posted it in FA. I confused and posted it in MA. I’m sorry.

Thanks for clarifying my doubt. Yes I do watch Opentuition Lectures on YouTube. They are very helpful thank you Sir

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Thank so much Sir for helping me with that question?

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I wrongly type the above. Option 4 is All of them without the 0.

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