20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Accruals

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
June 30, 2016 at 8:58 pm #324499
jordan224
Member
- Topics: 1
- Replies: 4
could you please clarify on why the $950 in example 2 and 4 on the topic of ‘prepayment and accrual’ was counted twice as expense in SOPL for two financial periods?
July 1, 2016 at 7:34 am #324515
John Moffat
Keymaster
- Topics: 57
- Replies: 54659
If you wish for me to answer then you must ask in the Ask the Tutor Forum (this forum is for students to help each other).
(Have you watched the free lecture where I work through these examples, because the 950 is certainly not counted twice as an expense!!!)
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.