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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Q Clove june 2007
There is an Unrecognised loss of 3, which been capitalised into balance sheet/ as an liability- which I was said that it is right , why?/ which I cant understand also/, but they forgot to use the corridor method. so when we amend this mistake/ I look at the solution using the corridor method we release into the income statement using the corridor method 0.1, which should be an asset, but we are putting into liability. why?
Is this the GLOVE question or a question called Clove?
Is this the GLOVE question or a question called Clove?