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reserves or cash

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › reserves or cash

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • April 23, 2019 at 7:01 am #513834
    ayeshatabani
    Member
    • Topics: 98
    • Replies: 95
    • ☆☆

    Hi John
    Sometimes in corporate reconstruction questions they take reserves as balancing figure and sometimes cash as balancing figure. Is there some logic to it?

    April 23, 2019 at 1:59 pm #513857
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54726
    • ☆☆☆☆☆

    I am afraid not – it depends on what information is given and what figure is missing.

    (While I remember, I am on vacation from tomorrow afternoon until May 8. I will have my computer with me and will still answer questions, but it may take a little longer than usual depending on internet access).

    April 24, 2019 at 9:31 am #513963
    ayeshatabani
    Member
    • Topics: 98
    • Replies: 95
    • ☆☆

    ok, thankyou!

    Have a good time!

    April 24, 2019 at 10:45 am #513973
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54726
    • ☆☆☆☆☆

    You are welcome, and thank you 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘reserves or cash’ is closed to new replies.

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