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Picant qstn conso June 2010

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Picant qstn conso June 2010

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by cadhakan.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • February 18, 2021 at 2:52 pm #610865
    cadhakan
    Participant
    • Topics: 71
    • Replies: 123
    • ☆☆

    Hi sir,

    I have doubt in this question regarding software 500$ why in acstn it deducted and in post acstn already added . I don’t understand this part

    Second thing, why goodwill impaired is taken In post acstn calculation part why ?? I see answer post acstn is 2400 after deducting goodwill and adding 500 software.

    But I didn’t understand this 2 parts in this question can you please help me out. It will be great help from your side. Thanks in advance

    February 19, 2021 at 8:38 pm #611015
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7228
    • ☆☆☆☆☆

    Hi,

    It has a value of 500 but has no recoverable amount then it is written down to zero, reducing the net assets by that amount.

    I don’t quite follow your point on the goodwill, sorry. If you could clarify it then I can help.

    Thanks

    February 20, 2021 at 10:05 am #611063
    cadhakan
    Participant
    • Topics: 71
    • Replies: 123
    • ☆☆

    Than you so much sir. I got it and for goodwill also I got my answer so no queries regarding goodwill. Thanks a lot

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