M confused on the workings of finance cost..its somthing like ds: salva post acqui((3000-2000)*6/12 + 2000)...where did ds 2 thou cm frm????:( pls help...
ACCA Forums
FRQno.54 Pandar of Kaplan revision kit
13y ago#1Loan interest relating to the loan which was borrowed fro the parent on the date of acquisition? So 3,000 did not accrue evenly through the year .... 2,000 was specifically post acquisition. Therefore, split the remaining 1,000 into pre and post and then add the specifically post 2,000 to the post half of 1,000
Thanx....
Sign into reply to this topic.