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February 08, 2026, 07:08:53 pm
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Author Topic: how did everybody go?  (Read 26837 times)  Share 

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nbalakers24

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Re: how did everybody go?
« Reply #60 on: November 05, 2009, 05:02:38 pm »
Quote from: nikinoo on November 05, 2009, 04:58:02 pm
Quote from: nbalakers24 on November 05, 2009, 04:55:53 pm
not sure if its right but this was my working out for the rent recieved

12x2000= 24000 - accrued revenue
= 22000

i got the same as you .. the $22000..
but how did u set it up in the ledger ??



dec 31 p $ l summary 24000               dec 31 bank                           22000
                                                              accrued rent revenue       2000
                              24000                                                          24000

i dont think the p and l summary was necessary
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darkphoenix

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Re: how did everybody go?
« Reply #61 on: November 05, 2009, 05:07:25 pm »
Great, lost another mark. :(
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2009: Accounting
2010: English | Methods (CAS) | Specialist Maths | Chemistry | Chinese SL
2011: Bachelor of Commerce/Engineering @ Monash

nikinoo

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Re: how did everybody go?
« Reply #62 on: November 05, 2009, 05:11:16 pm »
Quote from: nbalakers24 on November 05, 2009, 05:02:38 pm
Quote from: nikinoo on November 05, 2009, 04:58:02 pm
Quote from: nbalakers24 on November 05, 2009, 04:55:53 pm
not sure if its right but this was my working out for the rent recieved

12x2000= 24000 - accrued revenue
= 22000



i got the same as you .. the $22000..
but how did u set it up in the ledger ??



dec 31 p $ l summary 24000               dec 31 bank                           22000
                                                              accrued rent revenue       2000
                              24000                                                          24000

i dont think the p and l summary was necessary


DUHHH im so stupid.
hahahhah. can u believe im on a 98% average for internal ?
i look retarded LOLLL
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nbalakers24

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Re: how did everybody go?
« Reply #63 on: November 05, 2009, 05:12:08 pm »
what did you do?
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nikinoo

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Re: how did everybody go?
« Reply #64 on: November 05, 2009, 05:15:46 pm »
its embarassing BUT...

dec 31  p&l summary    22000        dec 31 prepaid rent revenue  22000


i read the question as the person we are doing the reports for are the landlord.. and getting rent off the tenant..
which would make it prepaid revenue.. as its money which is received but not yet earned ?
sorry. you must be frustrated with me =|
haha
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nbalakers24

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Re: how did everybody go?
« Reply #65 on: November 05, 2009, 05:18:06 pm »
ahhh
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sdhains

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Re: how did everybody go?
« Reply #66 on: November 05, 2009, 05:20:49 pm »
Will there be a mark deducted for including the 120 cost of sales in the general journal rather than the sales journal?
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Ilovemathsmeth

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Re: how did everybody go?
« Reply #67 on: November 05, 2009, 05:21:44 pm »
weren't we supposed to do that? in the 2008 exam they sounded pissed off when students didn't do it. god vcaa are so confusing.
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Raw Scores:
Psychology 50 | Mathematical Methods 49 | Further Mathematics 49 | Accounting 49 | Chemistry 44 | English 43
ATAR: 99.75

nikinoo

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Re: how did everybody go?
« Reply #68 on: November 05, 2009, 05:22:27 pm »
Quote from: sam5 on November 05, 2009, 05:20:49 pm
Will there be a mark deducted for including the 120 cost of sales in the general journal rather than the sales journal?

i hope not sam.. because i put it in the general journal.
my text book says to do that way.. not putting it in the sales journal.
so i dunno.
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Ilovemathsmeth

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Re: how did everybody go?
« Reply #69 on: November 05, 2009, 05:24:21 pm »
i hope so.
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Raw Scores:
Psychology 50 | Mathematical Methods 49 | Further Mathematics 49 | Accounting 49 | Chemistry 44 | English 43
ATAR: 99.75

sdhains

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Re: how did everybody go?
« Reply #70 on: November 05, 2009, 05:27:24 pm »
Quote from: Ilovemathsmeth on November 05, 2009, 05:24:21 pm
i hope so.
I know for sure now I've lost 3 marks with the mark for 120 on cost of sales in general journal pending. :(
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dylrom

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Re: how did everybody go?
« Reply #71 on: November 05, 2009, 05:27:35 pm »
what do you guys reckon im up for with sac average of A+ and if i get B+ on both exams?
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Ilovemathsmeth

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Re: how did everybody go?
« Reply #72 on: November 05, 2009, 05:28:43 pm »
im feeling quite miserable actually. i lost that question on posters and made a mistake for dates. i dont think the one about deposit is wrong, sam.
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Raw Scores:
Psychology 50 | Mathematical Methods 49 | Further Mathematics 49 | Accounting 49 | Chemistry 44 | English 43
ATAR: 99.75

nikinoo

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Re: how did everybody go?
« Reply #73 on: November 05, 2009, 05:31:21 pm »
dw ilovemathsmeth.
your gonna get a great ENTER regardless !
you never know.. some people did heaps worse so you might be scaled up !
hehe
 xx
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chuckjefster90

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Re: how did everybody go?
« Reply #74 on: November 05, 2009, 05:32:12 pm »
for total value of stock q 1.2.1 i got $9680

100 x 18
120 x 29
80 x 55

anyone else get that ?
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