Dr Retained Earnings / Dr PL

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 29, 2020 at 8:47 pm #597044
23.56
Participant
- Topics: 8
- Replies: 5
Hi,

If we are supposed to Dr Retained Earnings, can we write Dr PL instead for SBR exam?
November 30, 2020 at 12:28 pm #597134
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3453
Absolutely fine EXCEPT if is a reserve transfer (e.g. on sale of revalued PPE) or a PPA
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.