Financial Statements - FSTM 2013
hkaur92
Registered Posts: 28
Hi everyone,
I was hoping if I could grab someone's help in a question I'm a little stuck in.
It's the first practice assessment in the 2013 version in Financial statements, task 2(statement of financial position).
For PPE I get £51367 but the answer says £51357
The way I worked it out was:
Cost of PPE = £64,229,000
Servicing costs = £5,000
Acc'd Dep'n = (17,867,000)
Revaluation = £5,000,000
Total = £51,367,000
Can someone tell me where I've missed off please?
Much appreciated
HKaur
I was hoping if I could grab someone's help in a question I'm a little stuck in.
It's the first practice assessment in the 2013 version in Financial statements, task 2(statement of financial position).
For PPE I get £51367 but the answer says £51357
The way I worked it out was:
Cost of PPE = £64,229,000
Servicing costs = £5,000
Acc'd Dep'n = (17,867,000)
Revaluation = £5,000,000
Total = £51,367,000
Can someone tell me where I've missed off please?
Much appreciated
HKaur
0
Comments
-
Servicing costs = £5,000 ------------incorrect
-----------------------
Cost of PPE = £64,229,000
Servicing costs = (5,000)
Acc'd Dep'n = (17,867,000)
Revaluation = £5,000,000
Total = £51,357,000
0 -
Ahh I've debited the costs.
Thanks MMG!
This has helped0
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