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is this ok, if i do not balance any of those account?

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › is this ok, if i do not balance any of those account?

  • This topic has 3 replies, 3 voices, and was last updated 13 years ago by Avatarjm84.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • June 13, 2012 at 3:17 pm #53430
    Avataralokito
    Participant
    • Topics: 6
    • Replies: 9
    • ☆

    is this ok, if i do not balance any of those account?

    e.g
    current asset …………… 234

    non-current asset ………….. 234


    total asset
    is this ok?

    June 13, 2012 at 9:20 pm #100803
    Avatarserra
    Member
    • Topics: 3
    • Replies: 25
    • ☆

    If you mean if it is ok to not write total assets or liabilities etc, yes it is.

    June 14, 2012 at 2:01 am #100804
    Avataralokito
    Participant
    • Topics: 6
    • Replies: 9
    • ☆

    yes. Thanks. I didnt totaled them, coz I knew that time is constraint. Thanks serra.

    July 2, 2012 at 4:41 pm #100805
    Avatarjm84
    Member
    • Topics: 5
    • Replies: 83
    • ☆☆

    SHould be fine. The working is more important than balancing the account.

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