Page 11 - 5.1 (b) i. Finac1 ITC Summarised Notes
P. 11
ITC EXAM PREP
ANSWERING the required
JOURNALS
Indicate debits and credits Long calculations shown
clearly separately
Always classify your Remember to reference!
journals: SFP, P/L, OCI Date your journals
Clear account descriptions
(no unfamiliar abbreviations!)
Short calculations in the
journals
11

