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Forums › ACCA Forums › ACCA FA Financial Accounting Forums › F3 CBE example cr balance
Dear Sir,
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
hello ? anybody can help me with this ? what did you guys key in for credit balance ? did you key in “-1000” or “1000” for credit balance ?
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.
Goodluck for your exam.