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Charborough Co (March/June22)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Charborough Co (March/June22)

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 18, 2024 at 9:49 am #705598
    Avatarbear123
    Participant
    • Topics: 6
    • Replies: 6
    • ☆

    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?

    May 18, 2024 at 2:57 pm #705622
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    Yes, that is the reason 🙂

    May 18, 2024 at 3:20 pm #705625
    Avatarbear123
    Participant
    • Topics: 6
    • Replies: 6
    • ☆

    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.

    May 19, 2024 at 9:55 am #705655
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    You are welcome, and thank you for your comment 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Charborough Co (March/June22)’ is closed to new replies.

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