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Practice Question 10 Answer

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Practice Question 10 Answer

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by jonathanforstudying.
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  • April 7, 2017 at 2:13 am #380510
    jonathanforstudying
    Member
    • Topics: 16
    • Replies: 14
    • ☆

    Hi Sir

    Thank you for spending time to create practice questions that is extremely helpful for my studies.

    While practicing the question, i notice there is an omission for question 10.

    The answer in the practice question should includes +Legal Fee for employee 1150 (Pg232)

    April 8, 2017 at 4:40 am #380586
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    The answer correctly states that the balance of the expenditure has a zero adjustment – the legal expense is incurred by the business in relation to a business matter and is not capital but a trading item and is therefore allowable
    Keep up the hard work

    April 9, 2017 at 3:05 pm #380707
    jonathanforstudying
    Member
    • Topics: 16
    • Replies: 14
    • ☆

    Noted, thank you Sir 🙂

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