Cash basis for small businessForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Cash basis for small businessThis topic has 1 reply, 2 voices, and was last updated 1 year ago by JillyB.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 22, 2023 at 5:01 am #687314 Claire91ParticipantTopics: 12Replies: 0☆Dear tutor, In example 7 ( page 64 in the study notes). Why the motor expense payment of 3,600 *60% is not deducted from the adjusted trading profit ? ( cash basis) Thank you June 25, 2023 at 9:37 am #687412 JillyBKeymasterTopics: 0Replies: 860☆☆☆☆If you are suing the cash basis then you only claim for things you have spent money on and there is very little adjusting of profits.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In