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Group Profit and Loss example Holy and Ivy – Eg. 3 page 37 – error in solution.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Group Profit and Loss example Holy and Ivy – Eg. 3 page 37 – error in solution.

  • This topic has 5 replies, 2 voices, and was last updated 8 years ago by AvatarP2-D2.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • October 2, 2017 at 9:02 am #409218
    Avatartrump
    Member
    • Topics: 9
    • Replies: 7
    • ☆

    In the given solution in Page 135, the group retained earning, the share profit of subsidiary in dinar is added without conversion to dollar and compensating error is there in the non current liability figures, so that SOFP total tallies.

    The NCL = 80 + 65/4.3 = 95 $.
    The retained earning will be 111 $.

    Kindly correct these errors for benefit of all.

    October 4, 2017 at 9:12 pm #409480
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Thanks for pointing out the slight mistake, I’m touched by how politely you’ve asked……?!?!?!

    October 5, 2017 at 5:25 am #409502
    Avatartrump
    Member
    • Topics: 9
    • Replies: 7
    • ☆

    Thank you so much for the reply.
    No rudeness was intended, please. Apologies, if you felt so.
    All of us are thankful and indebted for the excellent free service.
    As I said the errors if pointed out by us, students, will help you to make the notes bug free.

    October 7, 2017 at 7:53 am #409726
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    No worries and no offence taken but sometimes students need to be a bit more considerate in the way they frame their questions. A simple ‘Hi/Hello’ at the start is always helpful.

    Thanks

    October 8, 2017 at 2:59 pm #409879
    Avatartrump
    Member
    • Topics: 9
    • Replies: 7
    • ☆

    Sorry for missing out on salutation. When I saw the mistake, I got excited 🙂

    October 11, 2017 at 10:20 am #410319
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    No worries 🙂

  • Author
    Posts
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