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Please i know that this might sound absurd to ask but i wnated to know that can we solve the above mentioned questions through the double entry system.
This means that if an adjustment is given we can break it in to respective debit credit entries and then give their respective affects in to statement of financial position and comprehensive income.
Will the examiner cut marks for this even iof the ultimate anwer is correct?yes, consols were always taught using T accounts. I am now of the opinion that schedule format is easier!
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