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FM Mar/June 2020 question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › FM Mar/June 2020 question

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 24, 2022 at 5:35 pm #647387
    agboolakenny84
    Participant
    • Topics: 19
    • Replies: 105
    • ☆☆

    Good day Mr John,
    I have a question.
    In question 1 i don’t how how reserves was calculated. How did they arrive at the additional figure of 6,818 in the calculation of reserves.
    Thank you.

    January 25, 2022 at 7:33 am #647407
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54675
    • ☆☆☆☆☆

    The first sentence on the second page of the question says that the profit will be $6,818. The profit will be added to the reserves.

    January 27, 2022 at 5:00 pm #647607
    agboolakenny84
    Participant
    • Topics: 19
    • Replies: 105
    • ☆☆

    Thanks, i didn’t see it initially.

    January 27, 2022 at 5:17 pm #647616
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54675
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘FM Mar/June 2020 question’ is closed to new replies.

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