Accruals estimation

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June 25, 2020 at 11:45 am #574661
Sourav9271
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Sir,
If accruals for the month is not given so should we estimate by taking previous month’s accruals

I came across a question in that they took previous month’s to present in SOPL.How to make estimation in exam?
June 25, 2020 at 2:58 pm #574671
John Moffat
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Yes – the only way you can estimate the amount is by looking at the most recent invoice.

(Please change your picture – it is copyright of the ACCA and they get very upset when people use any of their logos 🙂 )
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