Exam Discussion!

[Tragesty]

Supplier/creditor same thing, surely?!

Would my other points be relevant or did I completely miss the question? :|

[sam.utute]

Supplier/creditor same thing, surely?!

Would my other points be relevant or did I completely miss the question? :|

By one supplier I meant you need to discuss the possibility that the control account system may not be suitable. What's the point if you only have one creditor?
But you've discussed important points in your answer.
My structure:
- Define
- Discuss pros and cons
- Relate it to Shade Designs

[Nima2703]

in the general ledge it said balance the accounts, ibalanced but not to next period thats okay right? whatd u get in liabilities extract? 2300x12 for loan and bank and gst and creditors? i thinki that was it and rest for non current loan

[sam.utute]

in the general ledge it said balance the accounts, ibalanced but not to next period thats okay right? whatd u get in liabilities extract? 2300x12 for loan and bank and gst and creditors? i thinki that was it and rest for non current loan

I had that for Liabilities section. Usually you always balance to the next reporting period.
Solutions have been emailed to _avO who is doing one final proof before they are uploaded! Not long now, I promise!

[Nima2703]

thankyou, it didnt say and people at my school say you dont have to and even if you take it to next and you shouldnt you dont lose marks and vice versa