Hi guys
I have a question
Can i pass F5 sooner than F4?
Or we should pass exams in order?!
Can someone pls share the latest BPP kit of FA2 for year 2023-24?
I've found latest Kaplan study material but for BPP only old editions are available.
Hey everyone
I'm khushi
And I'm currently doing my 12th .
I have some doubts I would really appreciate if anyone can help me out.
Thankyou
The retained earnings at the end of last year were wrong, and this does need correcting. we then add on the profit for this year , and the profit this year also needs correcting
The RE b/f from last year are incorrect because they’re overstated by 300000. The profit for this year are also incorrect because they’re understated by 300000. So we reduce retained earnings b/f by 300000 and increase profit for this year by 300000 hence the net effect of adjustment to this year’s closing retained earnings is (-300000+300000=0).
Already available in the group file section, search and download.
And if you don't know how to search then watch the bellow video and download.
https://youtube.com/shorts/xj0bVS-4xY0?feature=share
Already available in the group file section, search and download.
And if you don't know how to search then watch the bellow video and download.
https://youtube.com/shorts/xj0bVS-4xY0?feature=share
Already available in the group file section, search and download, if you are not aware, watch the video and download
https://youtube.com/shorts/xj0bVS-4xY0?feature=share
Already available in the group file section, search and download, if you are not aware, watch the video and download
https://youtube.com/shorts/xj0bVS-4xY0?feature=share
And about the closing inventory, it's clearly stated in the last line so it won't be changed
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