what was the length of the reporting period in 1.1

[mmmmm]

guys i did
               DR   CR
Stock Control         $700
   Stock Gain            $700
Delivery Van Repairs      $3000
   Delivery Van         $3000
Depreciation-Van         $1200
   Acc Depn Van         $1200
Interest Expense         $1875
   Accrued Interest         $1875   <--this credit entry title may well be wrong
Insurance Expense      $800
   Prepaid Insurance         $800

in this post i've done shortened titles but rest assured in the exam i wrote them fully!!
edit: some of my spacing seems to have stuffed up!! but you probably know this: stock gain, delivery van, accumulated depreciation, accrued interest, prepaid insurance are all CREDITS

looks about right.

How did you get a stock gain of $700? That was the difference between his stock control account and the physical stocktake. But didn't he withdraw some stock for personal use as well?

That was from the first question, wasn't it?

[Raahem]

guys i did
               DR   CR
Stock Control         $700
   Stock Gain            $700
Delivery Van Repairs      $3000
   Delivery Van         $3000
Depreciation-Van         $1200
   Acc Depn Van         $1200
Interest Expense         $1875
   Accrued Interest         $1875   <--this credit entry title may well be wrong
Insurance Expense      $800
   Prepaid Insurance         $800

in this post i've done shortened titles but rest assured in the exam i wrote them fully!!
edit: some of my spacing seems to have stuffed up!! but you probably know this: stock gain, delivery van, accumulated depreciation, accrued interest, prepaid insurance are all CREDITS

looks about right.

How did you get a stock gain of $700? That was the difference between his stock control account and the physical stocktake. But didn't he withdraw some stock for personal use as well?

That was from the first question, wasn't it?

yep that was from the first question
and... shit... i dont know about that keyzer :S i just automatically thought stock gain

[mojomojo]

guys i did
               DR   CR
Stock Control         $700
   Stock Gain            $700
Delivery Van Repairs      $3000
   Delivery Van         $3000
Depreciation-Van         $1200
   Acc Depn Van         $1200
Interest Expense         $1875
   Accrued Interest         $1875   <--this credit entry title may well be wrong
Insurance Expense      $800
   Prepaid Insurance         $800

in this post i've done shortened titles but rest assured in the exam i wrote them fully!!
edit: some of my spacing seems to have stuffed up!! but you probably know this: stock gain, delivery van, accumulated depreciation, accrued interest, prepaid insurance are all CREDITS

looks about right.

How did you get a stock gain of $700? That was the difference between his stock control account and the physical stocktake. But didn't he withdraw some stock for personal use as well?

?? Isn't the Drawings of stock from Feb? which means the Stock Control fingure in the trial balance has already included the drawings?