[wildrose375]

okay thank you!

[wildrose375]

Yes, thank you, now I understood.

Have another quick one for you, please help!

Question no 110 from the new BPP kit.

I don’t understand how the unrealised profit is computed in this example. the wording is confusing!

Thanks!

[wildrose375]

I have a question: I don’t understand what the journal entry should be when recording an impairment if:

1) the asset was held at cost

2) the asset was revalued.

Please help!

Thank you in advance

[wildrose375]

Thank you sir!

[Author]

Posts