Login

Welcome, Guest. Please login or register.

July 16, 2026, 09:52:16 am

Author Topic: tssm 2008 solution for 1.3 incorrect?  (Read 844 times)  Share 

0 Members and 1 Guest are viewing this topic.

sdhains

  • Guest
tssm 2008 solution for 1.3 incorrect?
« on: November 04, 2009, 04:03:35 pm »
0
Has anyone done this and can confirm this solution is extremely wrong?

1.3 On August 15 2010, Ervin Johnson paid for 10 water filteration units, to be delivered September 1. (sale price $140 each plus 10% GST, cost price $80 each)

Their solution:
Cash Receipts Journal     Rec         Bank                            Sundries
AUG 15 Prepaid sales      456         500                             500

1.4.1 looks wrong as well. Can anyone confirm 1.4.1 is wrong as well?

« Last Edit: November 04, 2009, 04:05:49 pm by sam5 »

darkphoenix

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1564
  • Respect: +3
Re: tssm 2008 solution for 1.3 incorrect?
« Reply #1 on: November 04, 2009, 04:11:57 pm »
0
Probably is wrong, as lots of people have reported it having errors.
2009: Accounting
2010: English | Methods (CAS) | Specialist Maths | Chemistry | Chinese SL
2011: Bachelor of Commerce/Engineering @ Monash