Accountancy Forum

Hi mates yesterday i was studing FIM(Financial Information for management)Paper 1.2 For ACCA. I didnt understand the logic behind the Scrap Account.please give me some example to balance it and co-relation between scrap account and Abnormal gain &Loss account.And how does it works.I do understand the abnormal gain and Abnormal loss Account because its quite simple but can any one help me to sort out this problem.On Friday is my final exam which is 10th of december.I will be so great full to my colleagues and seniors for repling.King Regards From Akhtar, London.

Akhtar

try to concentrate on ur text book....aus mai hi sab kuch mention hai p


Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.