Qualification > Commerce
accounts doubt~~AS level!!
~cornelia~:
^thanks alot Dasith and lastgift!!
one more question! how do we know wether its Dr or Cr??
lastgift:
The total of expenses=$ 650 is greater than the income $ 640.
The net effect of it implies that we need to reduce the profit by $10, thus you debit the P&L to record the loss. :)
Dasith:
--- Quote from: ~cornelia~ on October 19, 2011, 08:11:13 pm ---^thanks alot Dasith and lastgift!!
one more question! how do we know wether its Dr or Cr??
--- End quote ---
u r welcome :D , When do u hav u r exams ?
--- Quote from: lastgift on October 19, 2011, 10:53:51 pm ---The total of expenses=$ 650 is greater than the income $ 640.
The net effect of it implies that we need to reduce the profit by $10, thus you debit the P&L to record the loss. :)
--- End quote ---
think u get da ans 4 u r q here ;)
lastgift:
Haha, yeah. Shared responsibility :P
You are through with your A levels?
Dasith:
--- Quote from: lastgift on October 20, 2011, 05:31:58 am ---Haha, yeah. Shared responsibility :P
You are through with your A levels?
--- End quote ---
hehe XD
yeap i did it in may :D
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