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Cash flow, Warrburt (Q45) BPP revision kit, help!!!

This topic has 5 replies, 4 voices, and was last updated 11 years ago by MikeLittle.

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November 21, 2010 at 12:07 pm #46098
navish
- Topics: 1
- Replies: 4
Does anybody know why $ 20.83 has been deducted from current liabilities in reference to above question
November 22, 2010 at 10:52 pm #71026
Anonymous
- Topics: 0
- Replies: 2
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.
November 24, 2010 at 1:48 pm #71027
labidaxin
- Topics: 1
- Replies: 3
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
November 24, 2010 at 8:04 pm #71028
MikeLittle
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looks like that one is answered
November 26, 2010 at 3:36 am #71029
navish
- Topics: 1
- Replies: 4
thanks
November 26, 2010 at 10:34 pm #71030
MikeLittle
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welcome
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