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FR Lecture Chapter 3 question re receivables

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › FR Lecture Chapter 3 question re receivables

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by f6ali.
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  • April 28, 2020 at 9:54 am #569410
    ordovskayas@gmail.com
    Member
    • Topics: 3
    • Replies: 0
    • ☆

    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

    April 28, 2020 at 11:35 am #569422
    f6ali
    Member
    • Topics: 10
    • Replies: 342
    • ☆☆☆

    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.

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