Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)

Financial Statements

sscorssscors Feels At HomeRegistered Posts: 72

does anyone know why prepayments is included in the calculation for trade receivables entry in SOCI?


  • SamiHSamiH Well-Known Registered Posts: 179
    Prepayments are a current asset on the SOFP.

    They are included in "Trade and Other Receivables"
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