The answer to final profit amount is wrong, when you calculate the total in the sum shown in video its coming around 29xx something and you have shown 3305
I noticed this too. I believe this is a mistake. The Interest figure in the P&L should be -135. This is the difference between the interest payment at 6% (which is 445) and the amount already recorded, which is 320. Difference = -135
Very helpful, thanks. 10 days to go!
This was very helpful
Excellent
Thanks
are you preparing for the next F7 exam, if yes, can we learn together
19:10 pen down walk off lol :D
The answer to final profit amount is wrong, when you calculate the total in the sum shown in video its coming around 29xx something and you have shown 3305
I noticed this too. I believe this is a mistake. The Interest figure in the P&L should be -135.
This is the difference between the interest payment at 6% (which is 445) and the amount already recorded, which is 320. Difference = -135