Hi John
I hope you are well. Could you please help me with Question 19.3 Task 3 ? I am not sure of the double entry required for this question.
Ask the Tutor ACCA FA
Question 19.3
i think there is no double entry for this question we just need to tell how these adjustments will be made in profit and loss account. right john ?
5y ago#2Yes. If the adjustment increases profit then it will be credited to the profit. If it reduces the profit then it will be debited to the profit.
Sign in to reply to this topic.