Limni Co Question 7 bpp kit June 013

This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.

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September 1, 2020 at 11:26 pm #583068
frafiq81
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Hi John,

Just wanted to ask about part c of the question. Why depreciation was not deducted from profit before tax figure of 138,000?

Thanks
September 2, 2020 at 9:04 am #583091
John Moffat
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The financial accounting profit before tax is always already after charging depreciation.
September 2, 2020 at 11:01 am #583110
frafiq81
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Okay, thanks for the response.
September 2, 2020 at 3:39 pm #583139
John Moffat
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You are welcome 🙂
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