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goods

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › goods

  • This topic has 1 reply, 2 voices, and was last updated 1 month ago by P2-D2.
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  • January 24, 2023 at 12:40 pm #677295
    xyzc
    Participant
    • Topics: 363
    • Replies: 132
    • ☆☆☆

    Where there is inventory in transit, the amount by which payables are debited is the difference between the receivables and the inventory in transit. Is it correct

    January 26, 2023 at 8:46 pm #677428
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6493
    • ☆☆☆☆☆

    The goods in transit figure would be given in the question so that you can make the necessary adjustments to the group accounts.

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