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Ask the Tutor ACCA FR

Lease term

MFMuslim Farooque10y ago
Sir what will be the calculations when lease term and accounting period don't coincide
MikeLittleMikeLittleTutor10y ago#1
You need to time apportion the interest since date of last instalment to get to the year end position I know that the interest doesn't accrue evenly but this is not a higher mathematics exam! Calculate the full year interest and then time apportion Ok?
MFMuslim Farooque10y ago#2
Thanka a lot sir for this and for all other questions that I asked you throughout the session , pray that it all goes well for me tomorrow and in this session! Thanks a lot sir u really really made a lot of difference and your notes the best for any subject I've read!
MikeLittleMikeLittleTutor10y ago#3
That's good Farooque :-) Good luck Tuesday
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