Chapter 17 ReconstructionsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Chapter 17 ReconstructionsThis topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 9, 2014 at 8:45 pm #168138 AnonymousInactiveTopics: 13Replies: 6☆HiIn the illustration for reconstructions, I can’t quite figure out how the trade payables ends up as 7,840 in the new proposed SOFP.The illustration says that the trade payables have agreed to be settled in full by a payment of 40c in the $1.30,000 (trade payables figure) x 40c is 12,000…..How do I reach the 7840 figure?thanksEmma May 11, 2014 at 12:20 pm #168323 MikeLittleKeymasterTopics: 27Replies: 23215☆☆☆☆☆Do you think it might be anything to do with this extract from the question?“Included within payables are $8,000 arrears of wages to be paid in the scheme and $2,400 other preferential creditors but not yet paid.”Still not clear? Post againAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In