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T-account

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

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January 24, 2015 at 5:27 am #223595
Hyeon Jun
Member
- Topics: 3
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Sir, thank you for providing a lot of good materials to study ACCA.
I’m taking F2 Lectures these days, but I really don’t understand the concept of T-Account and Loss Account.
please explain again so easily for me.
January 24, 2015 at 8:35 am #223604
John Moffat
Keymaster
- Topics: 57
- Replies: 54483
Don’t worry – you will not be asked to prepare t-accounts.
There is nothing magical about them – it is just really a way of showing the workings, but they are not essential.
The lectures will sort you out on all you need.
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