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Dec 2015 Q2 a

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Dec 2015 Q2 a

  • This topic has 5 replies, 2 voices, and was last updated 5 years ago by Kim Smith.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • August 22, 2020 at 2:30 pm #581498
    thehala
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    Hello sir , they mention in the question ( drawn borrowing facilities and undrawn borrowing facilities) could you briefly explain both of them and whats the difference between them?

    Thanks

    August 23, 2020 at 7:51 am #581574
    Kim Smith
    Keymaster
    • Topics: 138
    • Replies: 8439
    • ☆☆☆☆☆

    See my answer to point 1 on this post https://opentuition.com/topic/malevich-co/

    August 23, 2020 at 9:24 am #581586
    thehala
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    Sir in the FS they mention the bank loan , and in the notes to FS they mention undrawn facility with different amount . So are they related to each other or no ?
    Or the undrawn facility means overdraft?

    August 23, 2020 at 10:39 am #581603
    Kim Smith
    Keymaster
    • Topics: 138
    • Replies: 8439
    • ☆☆☆☆☆

    If a facility is 10,000 and the client draws 4,000, the overdraft/loan balance is 4,000 and the undrawn facility is 6,000.

    August 23, 2020 at 10:50 am #581605
    thehala
    Member
    • Topics: 10
    • Replies: 13
    • ☆

    Thanks sir , thanks for the clarification .

    August 23, 2020 at 7:45 pm #581672
    Kim Smith
    Keymaster
    • Topics: 138
    • Replies: 8439
    • ☆☆☆☆☆

    You are welcome!

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘Dec 2015 Q2 a’ is closed to new replies.

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