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Chapter 10/example 1

DDomna9y ago
W3 b/f Per question. 530000. 351000 Please explain me how we calculated these nunmbers
MMikeLittleTutor9y ago#1
This is NOT an extract from chapter 10 example 1 Please try again to get the correct reference :-(
DDomna9y ago#2
Sorry, chapter 10/example 7
MMikeLittleTutor9y ago#3
'Per question. 530000. 351000' If it's $600,000 at the end of the year and $70,000 was retained IN the year, then it must have been $530,000 brought forward Now you try to work out the rationale for the $351,000!
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