Goods for own use – tax adjusted trading profit calculation

This topic has 1 reply, 2 voices, and was last updated 7 years ago by catti.

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September 19, 2018 at 10:31 pm #475329
racucamelia
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Hello,

in chapter 4, example 1, why is added back only 190 pounds if the products weren’t accounted? Should not add back the market value – 650 pounds? This is what I also see in the solution of the exercise, from the notes.

Thank you
October 8, 2018 at 10:11 am #476809
catti
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Hi,
Thankyou for posting your question on OT.
Well, if you go back and check the solution to the Question once again, you should find out that only 650 has been added back. Maybe to your side i’m afraid there is a problem.
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