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Forums › ACCA Forums › ACCA FR Financial Reporting Forums › FR Lecture Chapter 3 question re receivables
Dear Sir,
could you please clarify
Prepayments are mentioned to be in other receivables, i.e. in assets… could you please clarify, aren’t prepayments form clients our obligation until the moment of shipment ?
thanks a lot,
Svetlana
There’s a separate forum named Ask the Tutor Forum, for questions to be asked directly from the tutor. This forum is for students to help each other, so you’re not expected to receive an answer here.
I believe this thread needs to be moved to Ask the Tutor Forum for FR. I’ll move it there if you say so.