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This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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June 3, 2021 at 4:36 am #622861
tinkle
Member
- Topics: 50
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Sir this is regarding tufnell,
How are both DTA DT liabilities increasing profits and reserves can you elaborate
June 3, 2021 at 8:36 am #622901
Stephen Widberg
Keymaster
- Topics: 12
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DT liability down = profit up (Dr DTL Cr P&L)
DT asset up = profit up (Dr DTA Cr P&L)
Profit up = RE up
RE up = CE up
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