Financial Liabilties – LoansForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Financial Liabilties – LoansThis topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 5, 2020 at 2:26 pm #579346 08hfMemberTopics: 2Replies: 1☆Hi,When calculating the finance charge on lets say a loan, why do we calculate it the way we do. Why could we not instead just show the amount we pay out from the bank and then the remainder of the loan balance in the sfp? August 8, 2020 at 8:27 am #579613 P2-D2KeymasterTopics: 4Replies: 7065☆☆☆☆☆Hi,Have you watched the videos on financial instruments? These will explain how we are accounting for the substance of the loan and not its legal form.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In