Statement of Financial Position question?
Jdan95
Registered Posts: 21
Hi All,
I'm just starting FAPR. I've mastered the SPL and all the content on the SFP, but I just don't understand the SFP layout. There are 3 columns and i'm unsure if these have any relation to debits/ credits or if they're just a layout for easy reading.
Could someone explain why certain items are put in certain columns?
Thanks
James
I'm just starting FAPR. I've mastered the SPL and all the content on the SFP, but I just don't understand the SFP layout. There are 3 columns and i'm unsure if these have any relation to debits/ credits or if they're just a layout for easy reading.
Could someone explain why certain items are put in certain columns?
Thanks
James
0
Comments
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Hi James, they're just for layout - nothing to do with dr and cr.
Nicky1