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consolidated financial statement

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › consolidated financial statement

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  • June 12, 2017 at 1:45 pm #392849
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    I do have watched your lectures but still has understood, why do we CR Receivables for cash in transit!

    Could you please explain?

    Thanks.

    June 12, 2017 at 2:09 pm #392858
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23329
    • ☆☆☆☆☆

    What’s the normal double entry when you receive money from a Receivable?

    OK?

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