Rev from ContractsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Rev from ContractsThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 19, 2019 at 2:44 pm #550185 CandyMemberTopics: 135Replies: 79☆☆☆Dear tutor,Q5 We have answer = balancing Cost (9.2) in P/LCan you please explain what this figure is?If I were to include it in my P/L statement – where would it go?I cannot understand if this is cost of sales and where to include.Thank you October 20, 2019 at 9:03 am #550216 Stephen WidbergKeymasterTopics: 14Replies: 2872☆☆☆☆☆If we make a decision about what what figure to use for revenue and profit…………then costs or COS has to be the balancing figure.It’s unusual because normally we make a decision on what figure to use for revenue and cost of sales and then profit is the balancing figure!AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In