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ACCA F3 Inventory – The accounting entries
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I was looking for old year exams as well. Please guide me where can I find old year exams or is there any link available.
Thanks.
The ACCA does not publish past exams for papers F1, F2 and F3.
All they have is a pilot paper which you can find on their website.
Open tution lecturer you are really good at explaining the most chapters that seem complex without your lectures. I thank you for providing this free lecture. is profit a Dr balance or Cr balance do you have summerised list of what is Dr and Cr balance in the ledger?
Profit is a credit balance (because it is owing to the owner(s) ).
The course notes do list what balances are debit and which are credit.
Debit balances represent either an asset or an expense.
Credit balances represent either a liability or income (or owing to the owner(s).
It is impossible to list every account because there is no limit to the number of accounts there could be 馃檪
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Maybe your Internet connection is bad at the moment ? Video plays fine
Is the title: ‘Inventory and IAS 16’ right? Or ‘ Inventory and IAS 2’?
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its IAS2 and IAS16 is about depreciation
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