Page 12 - Financial Accounting 1 ITC Preparation June 2018
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ITC EXAM PREP – JUNE 2018
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
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