Accounting Exam Discussion Thread

[IT_Failure]

For the question it involved updating the listed journals with the additional information provided.

It then when on to state that you must total the journals after including the additional information.

I didn't include anything for the purchases journal as I didn't think there were any new entries. But does that mean that I should have wrote a new totals line.

The totals to date were as of the 22nd of April so should I have updated it to the 30th to show that it's the final total??

I left that bit blank too, I think the examiners would be really petty to take a mark off for that... It says total columns "as required" and since there was no extra purchases on credit, why would a new total be needed?

[S61778]

shit noooooo we just had to total the journals right? we didn't have to write anything in the details or any dates?/

[Damoz.G]

shit noooooo we just had to total the journals right? we didn't have to write anything in the details or any dates?/

Well, I wrote "TOTALS" in the Details Column. I thought it was needed?

[S61778]

'as required' could mean like 'do it' not 'only if there are transactions after' but yeah its petty

[Kuroyuki]

That credit note didn't even have a reason.....

[IT_Failure]

shit noooooo we just had to total the journals right? we didn't have to write anything in the details or any dates?/

I don't know :/ I said "totals" in details but didn't put a date... This is units 1 and 2 accounting lol

[S61778]

I don't know :/ I said "totals" in details but didn't put a date... This is units 1 and 2 accounting lol

 

[IT_Failure]

That credit note didn't even have a reason.....

That's fine as long as you didn't make up a reason!

[S61778]

omgg forgot to write TOTALS but surely they won't take a mark off i spent time adding all that up! hahaha

[rozza]

link to solutions?

[Kuroyuki]

I was contemplating say like the person retuned the stock for no apparent reason or something haha

[BoredSatan]

yeah I got -90

hmm a bit different to what we got. Have a look at our answers soon to see if we're wrong

[BoredSatan]

IM GETTING THE FINAL CHECK GUYS SO RELAX

ANSWERS ARE COMING SOON GO STUDY FOR YOUR OTHER EXAMS

[S61778]

did anyone else like completely forget how to accounting on q1a. I spent like 5 min on it omg please tell me it was 500 discount exp

[Kuroyuki]

IM GETTING THE FINAL CHECK GUYS SO RELAX

ANSWERS ARE COMING SOON GO STUDY FOR YOUR OTHER EXAMS

hmm a bit different to what we got. Have a look at our answers soon to see if we're wrong

No other exams
If bored satan didn't get 2490 deficit we are finished