DFS June 2005 Answers - Amendment

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:09AM in AAT student discussion
For those students who downloaded my previous article. There was en error in the cash flow statement (task 1.6) even though the overall cash increase did not change. The profit on the sale of fixed assets should have been deducted from the operating profit, not added on as I previously did. I have adjusted my answer so you may wish to download the edited version.<BR><BR>Sorry about that but when I did the answer the first time, my cash flow did not balance by £804 (being 2 x £402). It balanced when I added the profit on the sale of the asset back, but I couldn't understand why because you should deduct the profit. The other side went to the Capital Expenditure section of the cash flow.<BR><BR>Once again, apologies. I bet you picked up on it anyway.<BR><BR>Regards<BR>Steve

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS June 2005 Answers - Amendment

    Hi<BR><BR>I am unableto download your answers, would it be possible to fax a copy to me on 01443 816373<BR><BR>Many thanks<BR>Sian
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS June 2005 Answers - Amendment

    I can but I am away from the office for a few days - would it be possible to email you, perhaps?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS June 2005 Answers - Amendment

    Hi, any chance you can email them to me as well please?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS June 2005 Answers - Amendment

    Hi guys,<BR><BR>In order for any emails to be sent you - I need your email addresses please!!<BR><BR>Regards<BR>Steve
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS June 2005 Answers - Amendment

    Hi have tried and been unable to find download on msn group site. I would appreciate if you could e-mail the answers to me. sues12@blueyonder.co.uk<BR>thanks

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