Chapter 18, IAS 12 , Eg 2

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October 10, 2013 at 4:39 am #142457
nari
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Hello. After the 100 has been released in 05 and 06 , what happens to the 50 that was calculated as 25% of the 200 in 2005??? Please explain. Thanks.
October 10, 2013 at 11:21 am #142491
MikeLittle
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You’ve just said yourself – it was released in 2006. At the end of 2005 it will be shown as a current liability and then, in 2006, it is released
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