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Trial balance, income statement & balance sheet

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Trial balance, income statement & balance sheet

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • August 1, 2020 at 10:53 am #578905
    Gizo97
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hello tutor..
    Which side do the following belong in a trial balance,
    Unappropriated profit
    Preference shares
    Debentures & debenture interest
    Share premium

    August 1, 2020 at 11:31 am #578906
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54795
    • ☆☆☆☆☆

    This is not in the syllabus for Paper MA – it is financial accounting which is Paper FA.

    They are all on the credit side of the trial balance.

    I suggest that you watch my free Paper FA lectures which are a complete free course and cover everything needed to be able to pass Paper FA well.

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