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T Accounts for FR

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › T Accounts for FR

  • This topic has 2 replies, 2 voices, and was last updated 1 year ago by studyz2023.
Viewing 3 posts - 1 through 3 (of 3 total)
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    Posts
  • December 31, 2023 at 6:49 pm #697533
    studyz2023
    Participant
    • Topics: 10
    • Replies: 3
    • ☆

    Hello, please can someone advise whether we need to know how to draw T Accounts for FR exam? thank you

    January 4, 2024 at 11:04 am #697688
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8293
    • ☆☆☆☆☆

    You don’t need to “draw” T a/cs but you need to be able to adjust balances in a list of balance (“trial balance”) for things such as period-end adjustments (e.g. depreciation) to calculate amounts to be included in the financial statements.

    January 4, 2024 at 7:21 pm #697702
    studyz2023
    Participant
    • Topics: 10
    • Replies: 3
    • ☆

    Thank you

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