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liability

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

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
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  • December 21, 2022 at 1:34 pm #675018
    xyzc
    Participant
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    • ☆☆☆☆

    In exam preparation question 1 of financial instruments why have the direct costs related to the issue added to the retained earnings.

    December 30, 2022 at 8:33 am #675193
    P2-D2
    Keymaster
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    • ☆☆☆☆☆

    It will be because they were incorrectly treated initially and therefore this is adjusting for the incorrect treatment.

    Thanks.

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