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Help pretty please F3 . i do not understand this!

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Help pretty please F3 . i do not understand this!

  • This topic has 4 replies, 2 voices, and was last updated 14 years ago by Anonymous.
Viewing 5 posts - 1 through 5 (of 5 total)
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  • February 15, 2011 at 1:52 pm #47387
    Anonymous
    Inactive
    • Topics: 2
    • Replies: 5
    • ☆

    I dont understand why they are crediting the current account with drawings when in the study text it says drawings DR Current Account

    thanks anybody!

    [img]Image1.jpg
    Image3.jpg
    Image2.jpg

    February 15, 2011 at 1:53 pm #77210
    Anonymous
    Inactive
    • Topics: 2
    • Replies: 5
    • ☆

    [img]Image1.jpg

    this is the question sorry… for some reason it didnt show

    February 15, 2011 at 1:54 pm #77211
    Anonymous
    Inactive
    • Topics: 2
    • Replies: 5
    • ☆

    Image1.jpg

    February 15, 2011 at 6:26 pm #77212
    danielglover
    Member
    • Topics: 13
    • Replies: 100
    • ☆☆

    ?? The answer for this question isn’t crediting A’s current a/c for drawings. The picture you’ve put up, and the answer; clearly shows that the drawings are debited i.e reducing A’s account.
    Left side debit; right side credit. Hope this helps!

    February 16, 2011 at 3:01 pm #77213
    Anonymous
    Inactive
    • Topics: 2
    • Replies: 5
    • ☆

    just looked at this again and you are correct not sure how i read the question wrong
    sorry +thanks

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