ATAR Notes: Forum
Archived Discussion => 2009 => Mid-year exams => Exam Discussion => Victoria => Accounting => Topic started by: monokekie on June 09, 2009, 05:09:21 pm
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1. for the outflow statement for the six moneths, what is the bank balance at start?
2. for the omission of credit sales, what are the two revenue items?
there are two sayings (creditsales and stock gain ) and (credit sales and net profit)
3. for the use of statment of account, what qualitative characteristic is it?
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1. 20000
2. Sales and Stock Gain
3. Realibility
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why 20000?
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because the owner contributed $20 000 at the start
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YESSSSSSSSSSSS
I FLUKED THAT BALANCE !!!!!!!!!!!!!!!!!!!!
OMG IM SO HAPPY.
Thanks flaming for re-assuring that question
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also why stock gain?
that was the question i had no clue.
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in the trial balance there was a stock gain
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ova stated or unda stated?
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overstated
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arhh i see thanks
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Explain the effect on net profit of using the FIFO cost assignment method at a time when suppliers' prices are falling?
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what did people do for the balance day adjustment with the rent .. last question
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overtstates cost of sales, understates net profit?
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in the trial balance there was a stock gain
ahhh damn 3 marks out the door lol
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overtstates cost of sales, understates net profit?
thats what i wrote.
what did people do for the balance day adjustment with the rent .. last question
$4000 as he paid in january for 3 months early, so rent will be for april may june
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why isn't it 8000 for rent expense as its for 6 months? and this is a 6 month's trial balance?
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overtstates cost of sales, understates net profit?
thats what i wrote.
what did people do for the balance day adjustment with the rent .. last question
$4000 as he paid in january for 3 months early, so rent will be for april may june
wouldnt it be $8000? Jan-june
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overtstates cost of sales, understates net profit?
thats what i wrote.
what did people do for the balance day adjustment with the rent .. last question
$4000 as he paid in january for 3 months early, so rent will be for april may june
wouldnt it be $8000? Jan-june
i'm not really sure but he pays 3 months in advance, not for 3 months, since he paid in january it will start at march
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haiz. so tricky.
i wonder what would be this year's cut off. anyone has any idea?
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hopefully really low?
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rofl :) what sort of question was that.
excuse my fussiness... haha
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its usually around 78/90 isn't it
i would say it would be around that or lower.
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Mm.. did better than expected, shitty kids were annoying me all morning who came to our study group (4 people) and mucked around.. apart from that, went in and did my best so we shall see :)
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overtstates cost of sales, understates net profit?
thats what i wrote.
what did people do for the balance day adjustment with the rent .. last question
$4000 as he paid in january for 3 months early, so rent will be for april may june
omg i had 1 minute remaining and i jst chucked in 4000...
I love you flaming if ur right!!!
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its usually around 78/90 isn't it
i would say it would be around that or lower.
i hope you are psychic i really do..
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i think the rent expense was 6,000 for the overall 6 month period because it said that they pre-paid rent in Jan then March then June meaning the payment in Jan started in April and covered April and May and then the payment in march was to cover June and July and so forth. That being said I wrote $4000....:S can anyone definitely say!?
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i think the rent expense was 6,000 for the overall 6 month period because it said that they pre-paid rent in Jan then March then June meaning the payment in Jan started in April and covered April and May and then the payment in march was to cover June and July and so forth. That being said I wrote $4000....:S can anyone definitely say!?
it cant be 6000, each month the rent was 4000/3 which means 6000 is not possible to get
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12000/9=1333.3 X 6 = $8000
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ohh 3 months 4000, 6 months 8000..
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well this is my logical justification lol but by no means is correct....
The business commenced on Jan and made a payment of rent then of $4000. The next payment was in March of 4000. Therefore, the BDA for rent expense must be $6000 because the Jan is 3 months in advance of april and march is 3 months in advance of Jun thus meaning each month was $2000. seeing as they commenced and only prepaid rent 3 months in advance on Jan, the rent expense for Jan Feb and March was just paid each month with the prepaid kicking in at April. 4000/2 = 2000 per month...:S
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i'm not sure but thats what i had.
this exam is tricky and long
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hopefully really low?
i think its going to higher than 08 for sure...
I think generally it was easier, beside the trick question.. and alot of silly mistakes...
but maybe 79/90 for A+
and maybe 70 or 71 for A
im not sure...
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i'm not sure but thats what i had.
this exam is tricky and long
YES YES YES///
FOR SURE IT WAS LONG.. ESPECIALLY QUESTION 1. took long time.
i wrote a little message for the examiner...
would that lower my score?
i said "too long""
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my prediction is that the A+ will be around 80/90
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i still wonder. why wouldn't stock gain be understated. if the credit sale is recorded, there would be less stock in the firm's stock control account, the stock gain would be higher.
If the credit sale is not recorded, there would be more stock in the firm's stock control account, the stock gain would be lower, thus understating the stock gain???
and why wouldn't the opening balance be zero. since it is clearly stated on the question that owner contributed 20000 to commence business on 1 Jan, wouldn't it be a cash receipts which should be included in the cash flow statement instead of opening balance?
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i'm not sure but thats what i had.
this exam is tricky and long
YES YES YES///
FOR SURE IT WAS LONG.. ESPECIALLY QUESTION 1. took long time.
i wrote a little message for the examiner...
would that lower my score?
i said "too long""
how was it that long i finished with like 15 mins to go
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Okay I don't get the stock gain part.
If you omitted a credit sale, I just thought there would be impact on credit sales and cost of sales. That is that credit sales would be understated, cost of sales understated. I don't get where the stock gain comes in. Can someone help out?
Thanks!
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another question does anyone know when we get our results?i heard its around august?
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The rent expense was $8000
Omission of credit sales:
Credit sales understated (Revenue)
Cost of sales understated (Expense)
Was the opening bank balance for the Statement of Cash Flows $20,000?
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Yes because he contributed it at the very beginning and it is valid to use that figure as it is a 6 month reporting period.
That's what I thought too! I thought 8000 as well.
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i'm so sad :( i dawdled ont he first question for so long!
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yeah it was too long
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i'm not sure but thats what i had.
this exam is tricky and long
YES YES YES///
FOR SURE IT WAS LONG.. ESPECIALLY QUESTION 1. took long time.
i wrote a little message for the examiner...
would that lower my score?
i said "too long""
how was it that long i finished with like 15 mins to go
ekey!!!
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I thought the rent expense would be 12,000 becuase it said rent was paid 4000 on Jan march and June.. reporting period was Jan-June 31 therefore Debit: Rent expense 12,000 and Credit: Prepaid Rent 12,000 which was the remaining of the prepaid asset..
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first question as in the whole 45 marks? or just like the 1.1 section?
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Aug 13th i think results
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For total equities it was supposed to be both the capital and liabilities accounts?
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i had liabilities, i was unsure too
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Equities are claims on the assets of the firm..
consisting of both Liabilities and Owner's equity
So yeah, should have included Liabilities and Owner's Equity (inclusive of net profit, drawings)
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what questions this?
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1.5.2
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can someone explain to me why this would be wrong.
'rent is paid three months in advance. three payments of $4000 were made in January, March and June 2009'.
The general journal entry for prepaid expense on June 30th:
Rent DR 10667
Prepaid Rent CR 10667
my logic: considering prepaid rent is paid 3 months in advance starting in january. then the 3 months which rent is prepaid must be for january, febuary and march, as rent is paid in advance again in March. Therefore wouldnt rent expense be 8000 + 4000/3 as on the 30th of june the rent expense would have been consumed for that month?
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can someone explain to me why this would be wrong.
'rent is paid three months in advance. three payments of $4000 were made in January, March and June 2009'.
The general journal entry for prepaid expense on June 30th:
Rent DR 10667
Prepaid Rent CR 10667
my logic: considering prepaid rent is paid 3 months in advance starting in january. then the 3 months which rent is prepaid must be for january, febuary and march, as rent is paid in advance again in March. Therefore wouldnt rent expense be 8000 + 4000/3 as on the 30th of june the rent expense would have been consumed for that month?
This is what I posted in another thread:
"I'm pretty sure it was $8000, because in January he paid rent for three months advance (for $4000) so he had rent from January,Feb and March, then in March he paid for April, May and June (for $4000) then in June he paid for the next three months starting from the 1 July
Therefore he has used up $8000 of prepaid rent , so you debit rent expense $8000 and credit Prepaid rent $8000"
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was the trick question the one where you had to show how wages expense would be after adjusting /closing entries?
and all u had to do was put in the balance shown from the trial balance and close it to the p and l statement?
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i think i had
wages expense 61400
accrued wages 1800
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did anyone notice that their was a structural flaw in question one? they said the reporting period was 1 year ending on june the 30th however they wanted us to post and balance the general ledger accounts on the 31st of may when this is only done at the end of the reporting period lol
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no i did not notice, i'll give u positive karma for that lol
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Dam I just realised that cash flow statements should have had a zero balance at the 1st of January as you entered $20000 into the cash reciepts already (capital contribution) and therefore, you are recording it twice..if you enter that as the bank balance at the start of the period.
Did anyone else make this mistake?
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yes, i think alot of people did.
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Dam I just realised that cash flow statements should have had a zero balance at the 1st of January as you entered $20000 into the cash reciepts already (capital contribution) and therefore, you are recording it twice..if you enter that as the bank balance at the start of the period.
Did anyone else make this mistake?
nah, you are correct. the vce co-ordinator and the 3/4 accounting teacher at my school read through that question and said you would record the opening bank balance as $20,000. This is because the cross reference to capital contribution in the general ledger would be bank and you post commencing entries of a business on the day they occur. Thereofre the opening bank balance in the cash flow statement is 20,000
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rlobo, are you saying 20000 is not part of the 30000 capital?
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i think i had
wages expense 61400
accrued wages 1800
Yeah realised that after I walked out, you had to realise it was a post adjusted trial balance and that the wage figure was after the accrued figure had been calculated into it.
Ahhh, dont think many people have realised it?
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rlobo, are you saying 20000 is not part of the 30000 capital?
Pretty sure the bank balance at 1/1/09 was 20,000 and this is the value required at the 1/1/09 in the CFS.
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i think i had
wages expense 61400
accrued wages 1800
Yeah realised that after I walked out, you had to realise it was a post adjusted trial balance and that the wage figure was after the accrued figure had been calculated into it.
Ahhh, dont think many people have realised it?
so you agree that, that is right?
rlobo, are you saying 20000 is not part of the 30000 capital?
Pretty sure the bank balance at 1/1/09 was 20,000 and this is the value required at the 1/1/09 in the CFS.
yep i had that down, but alot of people is saying it is included in the $30k.
man accounting is so confusing.
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You're right, I realised it on the train home haha, how stupid can i be closing off the account with 65000 to the P+L summary when clearly i had just used 63200 as the value in the P+L..farkkkkkk
hope i actually did this and got it right just didnt remember that i did hahaha
prets sure its 20,000 as well
and effect of the credit sale in 1.7:
sales understated
stock gain overstated
cost of sales understated
yeah ?
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there was an entry into the cash receipts journal on 1Jan under the general journal for opening of double entry. so i reckon this is the same cash receipts journal that would be used to record the cash receipts for this six months?
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i just had
sales understated
cost of sales understated
forgot stock gain
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I first put the balance at $20000, but then I changed it to $0.
I thought that if it's a new business, they start out with no bank balance, because it's their first reporting period.
I'm not sure though...
Also for the omitting a credit entry question, I did cost of sales and sales. I don't understand how stock gain could be there, if the entry was omitted, then woudn't the business have no record that a sale happened, and so it wouldn't be reported in the stock cards either?
Gah I love accounting, but it's so confusing...
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why stock gain overstatedd? lol
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there was an entry into the cash receipts journal on 1Jan under the general journal for opening of double entry. so i reckon this is the same cash receipts journal that would be used to record the cash receipts for this six months?
go to page 4, last post by rlobo. the post is pretty convincing. hopefully its right lol
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why stock gain overstatedd? lol
cost of sales decreases stock
if you omit that, your are overstating stock as it should decrease
? hopefully that is wrong because i didnt put down stock gain
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i don't really trust teachers that much rofl.
Some of vce teachers in my school taught accounting for only 1 year haha....
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why stock gain overstatedd? lol
cost of sales decreases stock
if you omit that, your are overstating stock as it should decrease
? hopefully that is wrong because i didnt put down stock gain
Hopefully we're both right in some impossible way?
but nah if it was worth 3 marks, pretty sure there would have to be 3 entries, and trust me i busted my gut looking for the last effected account hahaa
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
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Hopefully we're both right in some impossible way?
but nah if it was worth 3 marks, pretty sure there would have to be 3 entries, and trust me i busted my gut looking for the last effected account hahaa
Still dont get why Stock gain would be overstated =[
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
are you saying that its stock loss instead?
damn.. so confusing
also what are your thoughts/answers on the BDA on last page of the electricty bill?
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
Yeah but there was only a stock gain account, you cant overstate an account which does not exist :P
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
are you saying that its stock loss instead?
damn.. so confusing
also what are your thoughts/answers on the BDA on last page of the electricty bill?
Yeah another good question by VCAA.
Credit Wages
Debit GST Clearing
Debit Electricity
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I asked my teacher afterwards and she did not know either.
It cannot be stock loss cause thats not a revenue
If you have a look at the Sales Journal their is only 3 things; Cost of Sales, Sales, GST
So they are the only things that get posted to the ledgers. "GST does not get reported in the Profit or Loss statement"
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revenue item=stock gain
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wow 6 pages...
man i jst want to ignore this post all along....
learning my mistakes, freaks me out even more!!
ill be back once this is over
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stock loss can be a expense
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wow 6 pages...
man i jst want to ignore this post all along....
learning my mistakes, freaks me out even more!!
ill be back once this is over
your mistakes may not even be mistakes
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wow 6 pages...
man i jst want to ignore this post all along....
learning my mistakes, freaks me out even more!!
ill be back once this is over
your mistakes may not even be mistakes
yep this is by no means the solutions, we're just posting what we think
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I asked my teacher afterwards and she did not know either.
It cannot be stock loss cause thats not a revenue
If you have a look at the Sales Journal their is only 3 things; Cost of Sales, Sales, GST
So they are the only things that get posted to the ledgers. "GST does not get reported in the Profit or Loss statement"
If there was a Stock Gain before the credit sales transaction was omitted, Stock gain would be overstated.
For example, if there was a stock gain of $1000, and cost of sales omitted was $200. Stock Gain would be overstated by $200 as when the stock take was conducted there was $1000 that hadn't been accounted for. However, $200 can now be accounted for, therefore that stock gain figure of $1000 is overstated by $200.
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i think that question on the assessment report would be like 2% got the full marks lol
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Well, its a 3 marks question, so you will only lose 1 for not including Stock gain (Overstated), am i right?
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Well, its a 3 marks question, so you will only lose 1 for not including Stock gain (Overstated), am i right?
correct. i'm very interested as to why it would be correct to have starting balance as $20,000 and $30,000 as the capital injection figure.
PS. thats what i had
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me too.
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i'm not sure but thats what i had.
this exam is tricky and long
YES YES YES///
FOR SURE IT WAS LONG.. ESPECIALLY QUESTION 1. took long time.
i wrote a little message for the examiner...
would that lower my score?
i said "too long""
how was it that long i finished with like 15 mins to go
Yeh I finished with 20 minutes left, and thats after spending heaps of time on question 1 (the ledgers).
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i think i had
wages expense 61400
accrued wages 1800
Yeah realised that after I walked out, you had to realise it was a post adjusted trial balance and that the wage figure was after the accrued figure had been calculated into it.
Ahhh, dont think many people have realised it?
Yeh I got that right, only after i had finished and i looked back over it. I found 2 mistakes when I went back over my work which was good.
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I wrote stock gain, but had it as understated......Ive read everyones explanations, but cant get my head around why its overstated haha. Just disapointing, as I got the stock gain part, and was one of the only kids at my school to get it, but wont get any extra marks for it cos i got the over/under wrong (and theres no half marks).
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on 2.1.1, what was the prepaid service?
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on 2.1.1, what was the prepaid service?
it was a service agreement on the computer system
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soz i meant how much was it in $? lol
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it was $2400 per annum and it was paid 12 months in advance on Nov 30 29008, for the year commencing Jan 1 2009
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so $2200?
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thats what i got so i hope so
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nice :)
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what bout the theory about FiFo?
i said something about overstates cost of sales and understates net profit. i was really unsure on that one. had to rub it like 5 times lol
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what bout the theory about FiFo?
i said something about overstates cost of sales and understates net profit. i was really unsure on that one. had to rub it like 5 times lol
Yeah, it assumes more expensive stock sold first.
Thus COS is overstated
Net profit understated
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what bout the theory about FiFo?
i said something about overstates cost of sales and understates net profit. i was really unsure on that one. had to rub it like 5 times lol
same lol, i remember having a question on the sac that said incase of rising prices and so i'd imagine i'd be the opposite if it was falling.
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yeah i remember doing it in cambridge questions like 5 times lol still confusing tho..
also is your tickertimer for the end of year the proper date ?
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yeah i remember doing it in cambridge questions like 5 times lol still confusing tho..
also is your tickertimer for the end of year the proper date ?
yer october 30 isnt it?
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i have no clue man lol
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bank balance $0 yer?
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
are you saying that its stock loss instead?
damn.. so confusing
also what are your thoughts/answers on the BDA on last page of the electricty bill?
i had a stock loss as well...think about it. if you omit the recording of the sale, stock will remain unaffected in ur reports, however there is actually stock missing due to the sale. this means when a physical stock take is conducted, there should be a mother fucking stock loss?
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That Credit Sale question confused me the most.
I put credit sales and cost of sales down however for could not think of the third.
Looking back over I don't see how the stock gain could be part of that question.
If a transaction was not recorded and the stock was taken that would be a stock loss.
If a transaction was recorded and the stock was not taken that would be a stock gain.
What these VCAA people think of.
are you saying that its stock loss instead?
damn.. so confusing
also what are your thoughts/answers on the BDA on last page of the electricty bill?
i had a stock loss as well...think about it. if you omit the recording of the sale, stock will remain unaffected in ur reports, however there is actually stock missing due to the sale. this means when a physical stock take is conducted, there should be a mother fucking stock loss?
yeahhh but in the trial balance it said there was a stock gain....
but really there would have been items of stock missing from the credit sale
so stock gain is OVERstated
Argghh that question was dodgy!
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I first put the balance at $20000, but then I changed it to $0.
I thought that if it's a new business, they start out with no bank balance, because it's their first reporting period.
I'm not sure though...
Also for the omitting a credit entry question, I did cost of sales and sales. I don't understand how stock gain could be there, if the entry was omitted, then woudn't the business have no record that a sale happened, and so it wouldn't be reported in the stock cards either?
Gah I love accounting, but it's so confusing...
i had it at 0 as the bank balance was contributed in this reporting period not the last one
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bank balance $0 yer?
not sure lol..
technically the balance of bank on the 1st of Jan was $20,000
however, it may be included in the CRJ...but not sure
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pretty sure that the cash flow statement was $0 balance as at 1st of Jan
the business began on 1 jan, and i was under the impression that at the end of the reporting period (which was june 30), all the totals from all of the journals are posted to ledgers for the determination of account balances, preparation of financial reports etc etc
which means that the balance was 0, not 20,000 because as at Jan 1 even though the owner had contributed 20 grand on that day, it wouldnt have been part of the bank balance seeing that the journals hadnt been posted to ledgers yet (they were gonna be posted at June 30, the date at which we prepared the cash flow statement)
thats the way i see it
HOWEVER
if you put 20,000 in the bank balance they will probs mark you correct only IF you subtracted this amount from the total capital contributions of 33,000 (because the question said it was comprised of two capital contributions) or whatever it was.
Because if you did so, you'd end up with the correct bank balance for the start of the new reporting period (not a figure off the mark by a coupla grand)
so idk :P
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read RLOBO's post at the bottom of page 4. ii think another 'tricky' question that hasnt been mentioned here yer was the calculation of the depreciation on the furniture for the six months (as the question asks) which you would get $750, however you had only purchased the equipment a month before therefore it was 125?
18000 - 3000 / 10 = 1500 (one year)
1500 / 12 = 125 (one month)
125 * 6 = 750
just putting it out there. i was discussing with some people from my school and they seemed to have made this error as well
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read RLOBO's post at the bottom of page 4. ii think another 'tricky' question that hasnt been mentioned here yer was the calculation of the depreciation on the furniture for the six months (as the question asks) which you would get $750, however you had only purchased the equipment a month before therefore it was 125?
18000 - 3000 / 10 = 1500 (one year)
1500 / 12 = 125 (one month)
125 * 6 = 750
just putting it out there. i was discussing with some people from my school and they seemed to have made this error as well
Yeah, good question to see if people were reading the question, answer was $125 :)
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hey guys
people were saying the balance for the cash flow statement was 0 as the business had only started and many wrote 20,000 and i saw a similar question in past exams and the balance was 0 when starting up a business
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rlobo:
the vce co-ordinator and the 3/4 accounting teacher at my school read through that question and said you would record the opening bank balance as $20,000. This is because the cross reference to capital contribution in the general ledger would be bank and you post commencing entries of a business on the day they occur. Thereofre the opening bank balance in the cash flow statement is 20,000
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pretty sure that the cash flow statement was $0 balance as at 1st of Jan
the business began on 1 jan, and i was under the impression that at the end of the reporting period (which was june 30), all the totals from all of the journals are posted to ledgers for the determination of account balances, preparation of financial reports etc etc
which means that the balance was 0, not 20,000 because as at Jan 1 even though the owner had contributed 20 grand on that day, it wouldnt have been part of the bank balance seeing that the journals hadnt been posted to ledgers yet (they were gonna be posted at June 30, the date at which we prepared the cash flow statement)
thats the way i see it
HOWEVER
if you put 20,000 in the bank balance they will probs mark you correct only IF you subtracted this amount from the total capital contributions of 33,000 (because the question said it was comprised of two capital contributions) or whatever it was.
Because if you did so, you'd end up with the correct bank balance for the start of the new reporting period (not a figure off the mark by a coupla grand)
so idk :P
hey guys
people were saying the balance for the cash flow statement was 0 as the business had only started and many wrote 20,000 and i saw a similar question in past exams and the balance was 0 when starting up a business
rlobo:
the vce co-ordinator and the 3/4 accounting teacher at my school read through that question and said you would record the opening bank balance as $20,000. This is because the cross reference to capital contribution in the general ledger would be bank and you post commencing entries of a business on the day they occur. Thereofre the opening bank balance in the cash flow statement is 20,000
Most likely, this question was used to test your understanding of journals.
All journals are posted at the END of the reporting period.
Hence, the accepted answer would be $0.
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balance for cfs was probably 0, if u said 20,000 then u would be double counting because thats already included in capital
rent exp was 8000$
the 2 revenues were sales and stock gain
and the characterisic was reliability :)
wish i thought of like half of this in the exam!
also no one seems to hav picked up on this but in the last question where the owner took out stock back in may you had to dr, drawings and cr.stock loss not stock control as it would hav been recognised as a stock loss at the end of the rp. tripppy right? at least i thought so lol hope everyone else got that wrong as well
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u also had to put in the furniture in the credit side of capital
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u also had to put in the furniture in the credit side of capital
Why? The owner didn't purchase the furniture himself
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ahhhhhhh wtf lolllllllllll
wait, does the furniture cross ref with capital?
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no it cross-ref with Bank
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oh shiett i think i did it with capital lol
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for 2.1.1, i wrote computer system 30000 and accumulated depreciation of computer system 15000....
and i wrote reliability for 2.1.2...
how many marks am i going to lose....?..
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for 2.1.1, i wrote computer system 30000 and accumulated depreciation of computer system 15000....
and i wrote reliability for 2.1.2...
how many marks am i going to lose....?..
1+3 = 4 i think.