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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Charborough Co (March/June22)
Hello, Sir, I hope you are doing well.
Case : Charborough Company (March/June22) In a (ii) while adjusting the SOFP. In calculating the profit on the sale of coffee shops the value of coffee shops calculated in part (a) (i) is taken 3884m and less the net book value of non current assets which is given 3350m.
My doubt is in Case handwood shoes (Sept/dec21) the sale proceeds were deducted by Current assets and NCA. in this only NCA is deducted because the current assets are the same after disposal?
Yes, that is the reason 🙂
Thanks a lot, sir. Its my last paper of ACCA and I have cleared all my papers in the first attempt using your forum for clearing my doubts including the F9 paper. Your efforts and time are very much appreciated, sir.
You are welcome, and thank you for your comment 🙂