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loan note

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › loan note

  • This topic has 1 reply, 2 voices, and was last updated 3 months ago by John Moffat.
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  • March 9, 2023 at 2:51 pm #680836
    xyzc
    Participant
    • Topics: 364
    • Replies: 135
    • ☆☆☆

    If there is accrued interest on a loan note issued as a purchase consideration, then the accrued interest is a current liability or non current liability because at one place in the kit it has been included in non current liabilities and at another place it has been included in current liabilities. So which is correct

    March 9, 2023 at 4:57 pm #680855
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 52529
    • ☆☆☆☆☆

    Again, this is not relevant for Paper FA.

    Which questions are you referring to? Are you actually studying for the Paper FA exam?

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