- This topic has 1 reply, 2 voices, and was last updated 10 months ago by
Stephen Widberg.
Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Noah098
- Topics: 936
- Replies: 352
- ☆☆☆☆☆
sir in the exam if question no. 1 turns up like the ones in specimen 1 and 2, then do we lose marks if we don’t mention the journal entires but just do away with mentioning the effect(in terms of increase/decrease) on goodwill and any corresponding effect on liability account or something.
i don’t have problems writing the journal entry but i just often find myself rushing through section a due to time crunch!
Stephen Widberg
- Topics: 10
- Replies: 2523
- ☆☆☆☆☆
Increase / decrease is fine – no need to write debits and credits.
Noah098
Stephen WidbergViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.