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hello i have took just f 1. no i read f2 from bpp and opentuition but there is some places wich i confuse cause i havent background in bookeeping.can u explain me how i must prepare debit credit sheet?i confuse where to write work in progress where wages control where debit where credit and so on .THANK YOU VERY MUCH
Basic knowledge would be-
increase asset debit
decrease asset creditincrease liability credit
decrease liability debitincrease capital credit
decrease capital debitThis type of knowledge does require practice to sink in and get used to using and understanding.Try to practice using the knowledge with questions and if you have problems I would recommend using the ask the tutor forum to ask for further explanations of how you obtain answers to particular questions.Also feel free to ask here if you want further help with the specifics of double entry and I am sure I and others will attempt to help you with box problems you may have with the subject.
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