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Is it necessary to show the workings using ENTRIES (Dr. Cr.)for consolidation question?

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Is it necessary to show the workings using ENTRIES (Dr. Cr.)for consolidation question?

  • This topic has 2 replies, 3 voices, and was last updated 12 years ago by sarmadkhalid45.
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  • November 16, 2012 at 7:52 pm #55353
    evolu
    Member
    • Topics: 4
    • Replies: 1
    • ☆

    Is it necessary to show the workings using Dr. cr. entries in consolidation question, because I usually get my answer right without using entries and rarely ever get it right with entries, are marks lost if i dont show the entry but show the logic behind my calculation if my answer is right?

    November 18, 2012 at 11:19 am #107570
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    I think, you don’t have to do DR and CR entries.YOU can use any other method for Working to get answers.As much as i know u don’t need dr cr entries any where in F7.But you have to show some working(any other method). you won’t loose any mark.

    December 3, 2012 at 3:53 am #107571
    sarmadkhalid45
    Participant
    • Topics: 8
    • Replies: 19
    • ☆

    You can use direct impact of entries.

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