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• # 101910
• Mon 06 Oct 2014 06:34 PM

I am currently doing a distance learning course for the old level 2 manual book keeping course.Ihad started to do the course acouple of years ago and the material i had then and a kaplan book that i have show that the the above subjects are journled to tp&l .

The new course that iam doing makes no mention of journling these balances across at all.could some one shed somelight on this for me please

Mike M.

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• # 101918
• Tue 07 Oct 2014 08:59 AM

devorah said:

“

Hi Mike,

 

You always journal those items at year end. It is vital for your year end trail balance , Trading profit and loss a/c and balance sheet.So go over the chapter in your kaplan book.

 

Good Luck

 

Deborah

”

 Hi Deborah thabnks for the reply, the course Book that I have shows that at the balancing of the account that the  bal;ance has been transfered to either t or the p&l and no mention of the journal. does that constitute a journal entry? and what does the exam look for ? Thanks Mike.

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