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Accruals and prepayments

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Accruals and prepayments

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 1, 2015 at 12:54 pm #259216
    zhangtongyi
    Member
    • Topics: 5
    • Replies: 4
    • ☆

    teacher:
    there is a sentence :
    a company had oil in hand to be used for heating costing $8200 and an unpaid heating oil bill for $3600. Does it mean the 3600 is included in the 8200?

    July 1, 2015 at 5:49 pm #259244
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    No – they are two separate things.

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