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J12Q2 Fresco

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › J12Q2 Fresco

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 25, 2017 at 10:55 am #387991
    couragenew
    Participant
    • Topics: 26
    • Replies: 19
    • ☆

    Hello Mike,

    Your support always appreciated.

    Please help with above question; note 1

    If the equity shares were made on 1 Jan 2012, shouldn’t that mean that,,by close of the year 31 march,
    the equity shares on the trial balance include the newly issued Shares?
    ie, 15000 new shares and 75000 Old?

    Thank you

    May 25, 2017 at 11:00 am #387993
    couragenew
    Participant
    • Topics: 26
    • Replies: 19
    • ☆

    Mike..I get it

    The credits to those accounts were not recorded because of the suspense account

    Thanks for your great service to mankind

    May 25, 2017 at 1:01 pm #388017
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23300
    • ☆☆☆☆☆

    Well, that second post has saved me having to respond, hasn’t it!

    Oh no! I just have done

    Well done for sorting it out for yourself – it’s by far the best way to learn

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘J12Q2 Fresco’ is closed to new replies.

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