Skip to content
Sign inRegister

Ask the Tutor ACCA FR

q29, december 2016 cbe exam

Kkrishna9y ago
for question 29, why are the transaction costs not removed from the value of the shares by 31 march 2004?
MikeLittleMikeLittleTutor9y ago#1
The question tells you that the shares are worth $7 each. How many times do you want to eliminate the transaction costs as an expense? We're looking at a figure for the statement of financial position here and transaction costs written off has no impact on that figure OK?
Kkrishna9y ago#2
ok
MikeLittleMikeLittleTutor9y ago#3
That's good
Sign into reply to this topic.