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VCE Accounting Question Thread!
Furbob:
woah now you're making me feel like a bum :( I'm just worried that i'll end up using most resources way before the exam comes~ but I will have completed all Unit 3 exercises before term 1 ends
what would you do during class when everyone is doing the exercise? (if you get time)
PS. I wouldn't call not-finishing-12-chapters-worth-of-exercises-before-Jan "really lazy" :o
nacho:
--- Quote from: Furbob on January 08, 2011, 12:00:08 am ---woah now you're making me feel like a bum :( I'm just worried that i'll end up using most resources way before the exam comes~ but I will have completed all Unit 3 exercises before term 1 ends
what would you do during class when everyone is doing the exercise? (if you get time)
PS. I wouldn't call not-finishing-12-chapters-worth-of-exercises-before-Jan "really lazy" :o
--- End quote ---
Well, class time will be used to complete study guides, and re-enforce the stuff i was having difficulties with,
don't worry about the resources, there are like 50+ accounting exams on this forum lol
And damn, correcting entries is hard.
But yea, I was lazy in that I could have finished unit 3 a lot earlier if I worked on it properly..
EDIT: Could someone help me with ex 7.10?
It's so hard for me... I made the correct corrections, but in the answer they use 'cleaning expenses' in the details whilst I used 'cleaning supplies', as the book clearly states "$120 of equipment was incorrectly debited to cleaning supplies."
Hellhole:
--- Quote from: nacho on January 08, 2011, 12:18:20 am ---
--- Quote from: Furbob on January 08, 2011, 12:00:08 am ---woah now you're making me feel like a bum :( I'm just worried that i'll end up using most resources way before the exam comes~ but I will have completed all Unit 3 exercises before term 1 ends
what would you do during class when everyone is doing the exercise? (if you get time)
PS. I wouldn't call not-finishing-12-chapters-worth-of-exercises-before-Jan "really lazy" :o
--- End quote ---
Well, class time will be used to complete study guides, and re-enforce the stuff i was having difficulties with,
don't worry about the resources, there are like 50+ accounting exams on this forum lol
And damn, correcting entries is hard.
But yea, I was lazy in that I could have finished unit 3 a lot earlier if I worked on it properly..
EDIT: Could someone help me with ex 7.10?
It's so hard for me... I made the correct corrections, but in the answer they use 'cleaning expenses' in the details whilst I used 'cleaning supplies', as the book clearly states "$120 of equipment was incorrectly debited to cleaning supplies."
--- End quote ---
Use 'cleaning supplies.' A lot of the text books I had tend to show the wrong entries, but they were generally along the same lines as each other. You did make the correct entries though, didn't you? (Sorry, I don't have the text book - just thought I'd throw it out there).
eeps:
There are heaps of exams and practice tasks on one of the other threads. That's the least of your worries. My school gave me 20+ practice exams for Unit 3 and 4, in addition to the stuff I found on VN. Also, as what has been said, it doesn't matter if you don't necessarily fully understand a concept now - when you get back to school and hear it from your teacher a second time, you'll no doubt get it then. You'll come to see as the year progresses, you really only lose marks in Accounting for stupid mistakes/careless errors which can be easily avoided OR on theory questions (i.e. not answering the question fully).
Tan:
Not sure if I missed this somewhere in the book but just a general sort of question, for stock cards.. how do you a credit sales/purchase from a cash sale/purchase? Specifically i'm doing exercise 8.8 atm.
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