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Sep/Dec 2016(Morada Co)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Sep/Dec 2016(Morada Co)

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 19, 2017 at 5:59 pm #402501
    Avataralpha2006
    Participant
    • Topics: 19
    • Replies: 18
    • ☆

    Hello…
    I would once again thank u for your timely response…
    I would like u to explain how do they calculated the current assets of both proposal 1 and 2 of the directors… (43702/57828).
    Thanks

    August 20, 2017 at 6:21 am #402562
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    They are the balancing figures – the missing figures to make the statements add up!

    We know the non-current assets, the equity, and the liabilities, and so the current assets must be the missing figure.

    August 21, 2017 at 11:31 am #402753
    Avataralpha2006
    Participant
    • Topics: 19
    • Replies: 18
    • ☆

    Thanks alot…

    August 21, 2017 at 3:16 pm #402785
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Sep/Dec 2016(Morada Co)’ is closed to new replies.

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