Thanks again for another great video. I’m studying for level 2 business environment synoptic just now so any content you have for that would be amazing. Thanks
@ajibolaseun2529
Жыл бұрын
Assuming if they give us closing balance as a credit balance in the questions how did we treat such?
@Willboardman
Жыл бұрын
So the overall balance on this account will always be a credit with it being a liability. The balance c/d will always be on the debit side of the account (to balance off the account as the credit side will always be higher) and then the balance b/d at the start of the month will always be on the credit side to show how much is owed at the beginning of the month.
Пікірлер: 6