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gn johnmoffat I am looking at the updated pilot paper for f3. Question 2 in section B. I need so explanation for the accrual adjustment
that is the energy cost
need to understand 2/3 x150000. Question is very long to post. thank you
The company year end is 31 October.
In December they received an invoice for 3 months to end of November – i.e. September, October and November.
So at the 31 October they had not paid for September and October so they need to accrue for 2 months.
The bill was for 3 months, and so for 2 months it is 2/3 x 15,000
Thank u very much Johm Moffat. Fully understand now and also realising u have to read the question carefully. thank you again god’s blessings
‘I was successfully using ur tuition alone for F1. Thank you.
please help me sir what types of changes are made by ACCA in F3 can you tell me hint about that?
There are no changes to the syllabus – only to the format. You should have received a student accountant email from the ACCA which gave all the details.
However you can also find them on the following page of this website:
https://opentuition.com/acca/f3/paper-f3-new-examination-structure/(This posting has nothing to do with Limited Companies. Please start a new thread if you want to ask about something different.)
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