[ja.jigna@gmail.com]

Anyone has an answer for this, please reply as its essential for me to get the concept clear.
Thanks.

[ja.jigna@gmail.com]

May I please have reply?

[ja.jigna@gmail.com]

Hello Sir,

I am not talking about Revaluation increase example. I am talking about Depreciation: Example 1 where the useful life of an asset changes to 5 years from 10 years. Hence, Depreciation is decreased to 3,500 instead of 2,500. So due to increase in depreciation there will be decrease in distributable profits for December 31st 2014. Shouldn’t we make provision for 1000 from retained earnings?

[ja.jigna@gmail.com]

Thank you for the reply. I have visited the site and read the guide as well. There is mentioned that scratch paper is not allowed for Applied Skills and Strategic levels.

Is it true? If anyone has given the FM exam recently please guide me this.

[ja.jigna@gmail.com]

Thank you for the reply Sir.

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