Help!!! BDA..

[GoodGuys]

Ill just give the balance on the trial balance/

Trial Blance as at 30 June 2010:
1. Prepaid Insurance 3500(DEBIT)

Adjustments required:
1. prepaid insurance as at 30 June 2010 was $750.



Can you guys help me with this? BDA's are really pissing me off.
I don't understand what the question is asking us.

[Flaming_Arrow]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

[GoodGuys]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

[Flaming_Arrow]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

yep

[GoodGuys]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

yep

omg thanks~~!!!!!! your my hero for today!!
hows ur revision going?

[Flaming_Arrow]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

yep

omg thanks~~!!!!!! your my hero for today!!
hows ur revision going?

it's going good, i lose so many marks because i dont read the question properly

[GoodGuys]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

yep

omg thanks~~!!!!!! your my hero for today!!
hows ur revision going?

it's going good, i lose so many marks because i dont read the question properly

same here.... im like getting aweful scores becuase i dont rewad the question properly, but hopefully on the exam day i would be 100% reading.
Usually during prac papers, i dont do reading time, which affects me alot..

[Fyrefly]

it means after the BDA was done the balance was 750, which means 2750 was the expense


3500-750 = 2750

and so that the remaining 750 is the prepaid for the next period etc...

yep

omg thanks~~!!!!!! your my hero for today!!
hows ur revision going?

it's going good, i lose so many marks because i dont read the question properly

same here.... im like getting aweful scores becuase i dont rewad the question properly, but hopefully on the exam day i would be 100% reading.
Usually during prac papers, i dont do reading time, which affects me alot..

Making optimal use of reading time is a skill of its own.
Perhaps you should be doing reading time (if only occasionally) so you emulate exam conditions as closely as possible.