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Balancing figure in corporate reconstruction

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Balancing figure in corporate reconstruction

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
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  • January 31, 2021 at 6:35 am #608624
    AvatarNoah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir mostly the balancing figure, in corporate reconstruction questions, when making the SFP is Current assets or cash specifically?

    And if in a peculiar question that might be hurled at us in our march 2021 session, which typically happens, then how would we know that this time the balancing figure is no longer cash(or current assets)??

    January 31, 2021 at 8:51 am #608639
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    You do not know in advance.

    You fill in the details that are given, and whatever is not given is the missing figure.

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