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double entries

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › double entries

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • April 11, 2016 at 7:10 pm #309773
    wanr008
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hi Mike,

    In consolidation,if we do not write double entry instead just performa to follow is it enough to pass and get full marks by only presenting performa and workings without double entries like cr dr
    Thanks!

    April 11, 2016 at 8:34 pm #309775
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    No need to write debits and credits. I believe that it helps where you find that you have run out of time – if you put debits and credits in (or simply indicate adjustments by way of up- and down-arrows, that could save you from losing a mark).

    But, taken to extremes, if you can write out an answer that is completely correct without even a single working, then you should score full marks.

    Don’t try this at home!

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