Sir, for the operating cash expenses, what do I don’t have accruals in my current liabilities? I only have Trade receivables, bank overdraft and tax due. What will serve as my accrual? Since I’ll be using Trade receivable to calculate receipt from customers, bank overdraft to calculate cash and cash equivalent and tax due to calculated tax paid
Please sir, I’m actually confused In adjusting non-cash items included in operating expenses: I thought loss from disposal of PPE has already been eliminated from operating expenses because it is a loss and therefore should be added back In the case of a profit from disposal of PPE, it has already been added to operating expenses because it is a gain and therefore should be eliminated.. But here, you did the opposite, so I’m confused..
