chapter 9 – eg 1Forums › ACCA Forums › ACCA FR Financial Reporting Forums › chapter 9 – eg 1This topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts December 5, 2010 at 9:48 am #46633 gaodoudouMemberTopics: 4Replies: 0☆For the condition given: ” at the date of acquisition, some of Dace’s inventory had a fair value of $16,000 in an excess of its carrying value. all had been sold before the year end. “The condition has no impact to the CSOFP. why?thanks! December 5, 2010 at 1:32 pm #72609 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆because SofFP is as at the year end and, as at the year end, all this inventory had been sold! So no asset remained.AuthorPostsViewing 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