Hello Mr. Little,
In question 4 from the revision lecture you have calculated the answer to part B (ii) as a decrease in profit of 400 000. I got the same answer actually by calculating it myself, however the answer on ACCA website states that the profit would be actually reduced by 400 000. I am a little bit confused right now, could you please help me with that?
Thank you in advance
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December 2010 Exam question 4
Hi Mira
My answer suggested a decrease in profit of 400,000 and the ACCA website says that profit should be reduced by 400,000. Is that not the same?
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