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ex3 ch 19

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › ex3 ch 19

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.
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  • March 22, 2014 at 12:05 pm #162807
    emmu
    Member
    • Topics: 31
    • Replies: 40
    • ☆☆

    how are the cash and cash equivalent calculated in this example i simply can not find these figures in the examples anywhere in the question that have been used in the answer.

    March 22, 2014 at 6:24 pm #162817
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23300
    • ☆☆☆☆☆

    I ALWAYS treat an overdraft as “cash and cash equivalent”

    Similarly, tere MAY be something in a question that says the directors have identified that some of the company’s investments are “cash and cash equivalents”

    Does that do it for you?

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