Is format is compulsory to present for example in accounts paper we have to draw many ledger it is time consuming to me to write date,particulars,amount in the format. can I draw 'T' shape format with out writing date,particulars,amount in the format. Is there any marks for format please tell me the format for journal entries also.
> How to present accounts paper in CA Intermediate | CA IPCC ? -- Practical papers required more presentation on the working notes and explanation. -- There is no fix format to present the answers in the exam. --However, students are expected to write the standard answers and good presentation. --- While drawing ledgers its not important to write date particular amt as heading as its time consuming. --You may simply draw the ledger and may leave the heading column. It wont effect on your marks.
Hello Anil, I would like to tell you that there are marks for making proper format of accounts. You have to make each accounts in a proper format as guided by the Study material. Format of journal entry have 5 columns. 1. Date Column- You have to mention the date in this column. 2. Particulars - You have to pass the journal entry in this column along with narration in bracket. 3. L/F Column - Mention the Ledger folio number in this column. 4. Debit Amount Column- Mention the amount debited. 5. Credit Amount Column- Mention the amount credited. After every entry draw a line just before the narration. You will loose your marks if you draw accounts without mentioning the columns or without writing the headings. Thank You.