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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Cash flow, Warrburt (Q45) BPP revision kit, help!!!
Does anybody know why $ 20.83 has been deducted from current liabilities in reference to above question
I would think being a fixed asset purchase (see w2), this was taken out of Trade Creditors but rather recorded in Fixed asset calculations £56m (cash) and £20m (credit). Transilation loss of £0.83 excluded.
it is the year end balance of current liabilities after adjusting exchange loss of 0.83
dr profit or loss 0.83
cr current liabilities 0.83
therefore,the balance becomes 20.83
looks like that one is answered
thanks
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