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I have an doubt in the lecture of “Financial instruments amortised cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › I have an doubt in the lecture of “Financial instruments amortised cost

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
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  • July 29, 2023 at 4:58 am #689077
    Talkativejerk
    Participant
    • Topics: 4
    • Replies: 1
    • ☆

    Hi,

    In the lecture video you have debited interest and credited interest receivable. isn’t interest receivable an asset and you have said that it comes under spl. Kindly clarify.if wrong kindly give me a proper journal.

    thanks in advance

    July 30, 2023 at 9:06 pm #689160
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7177
    • ☆☆☆☆☆

    Hi,

    It is probably just a slip of the tongue. The receivable is on the SFP.

    Thanks

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