Trial balance, income statement & balance sheet

This topic has 1 reply, 2 voices, and was last updated 10 months ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
August 1, 2020 at 10:53 am #578905
Gizo97
- 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: 44583
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.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.