AAT Practice Assesment 1 - Financial Statements

angmc

Hi, Just doing the AAT practice assessment 1, question 1.5 (b) I don't understand why the answer to other income is 261, I get it as 90?

CeeJaySix

I can't see it either. Disregarding inter-co dividend leaves 90k as you say and I can't find anything else in the question ; difference of that to the answer is 171k; dividend paid is 1.71m...coincidence? Or am I being too quick to assume there may be an error?

Nps

http://forums.aat.org.uk/forum/for-student-members/student-discussion/technician-diploma/37232-fnst-consolidated-soci-query-bpp?36293-FNST-Consolidated-SOCI-Query-BPP=&highlight=Deer+claw The above link should explain all.

angmc

Ahh got it! Thanks so much, it's been bugging me all day. Just shows you have to read the questions really carefully!

CeeJaySix

Indeed I was being too quick to assume an error! Must admit whilst there's loads in the Green Lights I haven't found one in a mock assessment yet. Well spotted NPS.