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as accounting p1 discussion

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pastyear:
wat is the profit $400?

One of the questions about the capital expenditure treated as revenue expenditure
Is it the asset and profit is understated? D

Crooked:

--- Quote from: pastyear on June 05, 2010, 02:21:42 pm ---wat is the profit $400?

One of the questions about the capital expenditure treated as revenue expenditure
Is it the asset and profit is understated? D

--- End quote ---

yea..the profit was $400

yes, they were understated !  ;)

pastyear:
Do you take accounting A2?
which cash flow statement format do you used. Can you tell me?

Crooked:

--- Quote from: pastyear on June 05, 2010, 02:32:18 pm ---Do you take accounting A2?
which cash flow statement format do you used. Can you tell me?

--- End quote ---

yea..how many formats are there? lol
FRS1 rule
it includes
operating activities
returns on investments and servicing of finance
taxation
investing activities aka capital expenditure ; purchases and sales of FA
financing

pastyear:
oh you used this one .I think this is the old format
Which format does CIE accept?

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