Reconciliation of obligations
Net amounts 2790,8793,1712 , how we calculate them?
Ask the Tutor ACCA FR
Chapter 16/ example 2
Take the amounts paid in year 1 and in year 6
Discount the first for 1 year and discount the second for 6 years
The years 2 - 5 inclusive are the missing figure that makes the above 2 add up to the amount outstanding on the obligations account
OK?
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