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OPENING RETAINED EARNINGS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › OPENING RETAINED EARNINGS

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  • March 5, 2013 at 1:51 am #119231
    rania
    Member
    • Topics: 23
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    • ☆

    how do we determine the ADJUSTMENT to the opening retained earnings?

    March 5, 2013 at 5:56 pm #119298
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23203
    • ☆☆☆☆☆

    At F7 there won’t be any adjustments necessary to calculate opening retained earnings. In fact it would be ex redo fly unusual for you to need to calculate them

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