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Hi Mike,
I have a couple of questions related with BPP revision kit, the first one is with DEXON case there is a note saying ” financial asset a at fair value through profit and loss are held in fund whose value changes directly in proportion to a specific market index. At April 20×7 the relevant index was 1,200 and 31st MArch 20×8 it was 1296. In the balance shee there is a financial assetlf 12,500@ FVTPL 01.04.×7 the balance is @31.03.×8
In previous exam question in the case Bengal I don’t understand why in finance cost is added up 650 and later on finance costs pais is (650).Thank you for the clarification!
I don’t have Bengal!
As for Dexon, a financial asset at fair value through profit or loss is changing by 8% and that increase is credited to profit or loss
Returning to Bengal, I have no idea what your post is asking. Not only do I not have access to the question Bengal, I cannot understand your question!
What’s “pais”?
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