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Wrong figure in CIMA_F1_notes

AAlexander9y ago
I think there is a mistake in the answer 6_Acquisition of PPE (p.128): the balancing figure (cash - additions) should be 1,300 but not 1350. Could you please correct it?
P2-D2P2-D2Tutor9y ago#1
Hi, Welcome to Open Tuition. Thanks for spotting the typo in the notes, we'll get it updated as soon as possible. If you use the lecture notes in conjunction with the recorded lectures you will see that the answer in the recorded lecture is the correct figure of 1,300. Thanks
JJohn9y ago#2
Hi there, I am not sure if Chapter 30 Example 5 Income Tax computation 1. has the correct answer. Can you confirm that the correct answer is £96,250 or highlight the error in my computation: Accounting Profit £350,000 Add Depreciation £45,000 Disallowed Exp £20,000 Subtotal £415,000 Less TA Depcn (£30,000) Total £385,000 X 25% = £96,250 Thanks very much. JM
P2-D2P2-D2Tutor9y ago#3
Hi, Yes the notes seem to have a typing mistake in them. Your answer above is correct and is what is seen in the video. I'll get the notes updated. Thanks
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