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Practical Question 19 runner

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Practical Question 19 runner

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Tax Tutor.
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  • December 20, 2020 at 2:08 pm #600389
    abu23haleeth
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Yacht moored used by runner for fortnight it cost 42,000 so we need calculate 42000*20%*2/48= 350/-
    but in the answer page answer is 42000*20%*2/52= 323/-

    Why they took 13 month rather than 12 month ?

    December 29, 2020 at 12:45 pm #601116
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    The apportionment is based on weeks NOT months and there are 52 weeks in the year

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