• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Cash flow

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Cash flow

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 7, 2021 at 9:22 am #642889
    Nikitagarwal
    Participant
    • Topics: 153
    • Replies: 146
    • ☆☆☆

    In cash flow – PPE account – if there is a total balnce of PPE is 14m and in which 3m is being sold for 1.8m then we just have to deduct 3m from the total and not account for any sale proceeds ? or profit/loss? why ?

    December 11, 2021 at 11:43 am #643896
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6501
    • ☆☆☆☆☆

    The proceeds are a cash in flow of $1.8 million

    The carrying amount of $3 million is removed from PPE (T-account)

    The loss on disposal is adjusted through the profit from operation reconciliation in operating activities

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

Changes to the SBL exam from September 2023

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

 

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • vvian on MA Chapter 1 Questions Accounting for Management
  • vvian on MA Chapter 2 Questions Sources of Data
  • vvian on MA Chapter 2 Questions Sources of Data
  • Liz7827636 on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Patrickizzo on Accounting for overheads part 3 – ACCA Management Accounting (MA)

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy