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CUT OFF

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › CUT OFF

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    Posts
  • October 2, 2018 at 4:38 pm #476147
    iza1
    Participant
    • Topics: 114
    • Replies: 112
    • ☆☆☆

    i cant understand this chart for cut off. please help.
    ——————- YEAR END————————
    Before
    GRN
    included in

    payables
    purchases
    inventories

    After
    GRN

    not included in
    payables
    purchases
    inventories

    GDN
    before year end
    Included in
    sales , recievables not inventory

    after year end
    gdn
    included in inventories only not sales not recievables.

    October 2, 2018 at 7:00 pm #476156
    Kim Smith
    Keymaster
    • Topics: 102
    • Replies: 6942
    • ☆☆☆☆☆

    Please state the source of this chart. You may find my response to the post “Sales revenue recognition” around mid-Aug helpful.

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