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Help with figuring out this basic accounting equation segriation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Help with figuring out this basic accounting equation segriation

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by Avatarsurajnagesh.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • January 27, 2017 at 6:55 am #369887
    Avatarsurajnagesh
    Participant
    • Topics: 12
    • Replies: 14
    • ☆

    Help 1:
    Just want to know if the entries written in blue are correct.

    Help 2:
    At step 5. Should i add an entry under capital as profit/capital ^$7000 ?
    or
    Is the entry perfectly accurate and correct to the general theory of accounting equation?

    All help is appreciated.
    have a wonderful day.

    January 27, 2017 at 8:08 am #369907
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    You must not post links to copies of questions you have been given because of copyright problems.

    You should be using a Revision Kit from one of the ACCA approved publishers – they contain lots of exam standard questions together with answers and explanations.

    Have you watched my free lectures on this? The lectures are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.

    January 27, 2017 at 10:06 am #369922
    Avatarsurajnagesh
    Participant
    • Topics: 12
    • Replies: 14
    • ☆

    That was very helpful, thank you *face palm*

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Help with figuring out this basic accounting equation segriation’ is closed to new replies.

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