FRA's last question

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
anyone please what's ur answer to the last question of what account balance needs to be checked before doing the final accounts? :?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FRA's last question

    Suspense???? It should be nil before the accounts are finalised.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FRA's last question

    thanks for the quick response! i knew it was the suspense account right after reading again the question. i'm afraid i got the wrong answer i put the profit/loss balance.

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