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F3 CBE example cr balance

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › F3 CBE example cr balance

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by michealjames.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • May 25, 2014 at 2:51 am #170579
    dianalynn
    Member
    • Topics: 1
    • Replies: 4
    • ☆

    Dear Sir,

    if i were requested to enter my answer into the computer , for example a credit balance for account payable $1000, do i need to key in a -1000 or just 1000. do we need to put negative “-” for credit balances? including losses, do we need to put a “-” for loss or credit balance ? very urgent, i am having my exam tomorrow. thank you

    May 25, 2014 at 5:42 pm #170775
    dianalynn
    Member
    • Topics: 1
    • Replies: 4
    • ☆

    hello ? anybody can help me with this ? what did you guys key in for credit balance ? did you key in “-1000” or “1000” for credit balance ?

    May 26, 2014 at 9:04 pm #171077
    michealjames
    Participant
    • Topics: 1
    • Replies: 11
    • ☆

    Basically, you should NOT put a minus sign for losses and definitely not, for credit balances,UNLESS it is stated in the question which in this case will only apply for losses.

    Guidelines will appear on the screen before starting the exam.Make sure you read them properly.

    Goodluck for your exam.

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