Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Right of use asset and SPL charge
- This topic has 5 replies, 2 voices, and was last updated 5 years ago by mahimhossain.
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- September 6, 2019 at 1:34 pm #545267
I appeared for the exam this sitting where i am sure of almost all mcqs are correct, except one. The question was- What was the P/L CHARGE for THE RIGHT OF USE asset, and i answered ONLY the depreciation charge regarding the ROU asset. However there was also the finance cost related to lease liability,which i did not include. What should have been the answer? Only the depreciation charge of ROU asset or both depreciation charge and finance cost of lease liability. Thanks
September 6, 2019 at 8:18 pm #545359I had the same McQ. The charge for PL means both deprecation charge and finance cost..
September 7, 2019 at 4:32 pm #545489Well, there was another question like this which only asked P/L charge for the year, there i included all relevant expenses. This question asked about P/L charge for ROU asset, that’s why I am a bit confused.
September 7, 2019 at 5:38 pm #545497@nayeemkni123 said:
Well, there was another question like this which only asked P/L charge for the year, there i included all relevant expenses. This question asked about P/L charge for ROU asset, that’s why I am a bit confused.Confusion happens a lot in exams. nothing to do.. hope for the best..
Btw Did you happen to give exam in ADN? i think i might have seen you thereSeptember 7, 2019 at 6:10 pm #545502Nope, I appeared from Chittagong
September 7, 2019 at 6:51 pm #545506my bad sorry
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