if i were requested to enter my answer into the computer , for example a credit balance for account payable $1000, do i need to key in a -1000 or just 1000. do we need to put negative “-” for credit balances? including losses, do we need to put a “-” for loss or credit balance ? very urgent, i am having my exam tomorrow. thank you
Basically, you should NOT put a minus sign for losses and definitely not, for credit balances,UNLESS it is stated in the question which in this case will only apply for losses.
Guidelines will appear on the screen before starting the exam.Make sure you read them properly.