- This topic has 1 reply, 2 voices, and was last updated 9 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Trial balance
Is sundry income debited into the statement of profit or loss
Income is a credit in the t-accounts.
The Statement of Profit or Loss does not have debits or credits – it is a Statement!!!!!
Sundry income is added beneath the figure for gross profit.
I do suggest that you watch my free lectures – they are a complete course for Paper F3 and cover everything needed to be able to pass the exam well.
