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April 03, 2026, 08:32:07 pm
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Author Topic: Unit 1 and 2  (Read 796 times)  Share 

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Flying Emu

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Unit 1 and 2
« on: June 05, 2012, 05:21:16 pm »
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I've recently got permission to jump into accounting mid year, and i was wondering just how much of unit 1 do you need for unit 2?

I'm walking in there blind atm >.<
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BoredSatan

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Re: Unit 1 and 2
« Reply #1 on: June 05, 2012, 05:24:48 pm »
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Well pretty much Unit 1 is the foundation for all the units.. So you are a little behind but I remember in my year there were a few kids who jumped in mid-year and did fine.

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Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

Flying Emu

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Re: Unit 1 and 2
« Reply #2 on: June 05, 2012, 05:33:38 pm »
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Oh ok, how deep do i have to learn unit 1?

The study design is new and i can't seem to find any detailed outlines of what we have to learn...
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BoredSatan

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Re: Unit 1 and 2
« Reply #3 on: June 05, 2012, 07:03:51 pm »
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All the principles and characteristics
definitions of assets, liabilities, owners equity, expenses, revenues
GST
cash purchases and cash payments
Balance sheet
Income statement

thats about it.. i think.
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Master of Dentistry, Latrobe University 2011 ATAR: 99.75
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Flying Emu

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Re: Unit 1 and 2
« Reply #4 on: June 08, 2012, 05:05:48 pm »
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You mean the essentials?
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