ACCOUNTS DOUBT; PPPLLLEEAAASSSSEEEEEEE HELP!

[slisjunknown]

Hi there..
I need help urgently. I do not understand bak reconciliation and what items come in the cash book, bank statement or bank reconciliation statement. I HAVE TRIED A LOT B4 AND MY BROTHER(an A level student who got A* in accounts during his IGCSE) , MY DAD( a chatered accountant) AND MY ACCOUNTING TEACHER HAVE ALL TAUGHT ME....BUT I STILL FACE PROBLEM.

If u have a solution to my problem, pls tell me or if not keep praying with me for it not to cum for both our Accounting papers :

 

[Xaptor16]

your talking about igcse rite?

 

[slisjunknown]

Yh I am

 

[Xaptor16]

see if this helps, i just prepared it if it helps pleaseee pray for me, i suck at the last few chapters of accounting

updatteeee: i forgot to mention, first cross out everything tht is the same on the question between the cash book and the bank statement... sorryyy

 

[slisjunknown]

see if this helps, i just prepared it if it helps pleaseee pray for me, i suck at the last few chapters of accounting

updatteeee: i forgot to mention, first cross out everything tht is the same on the question between the cash book and the bank statement... sorryyy

Thnx a lot,it realli helps and I sure will pray 4 u . Btw, is there any specific entries for stuff like standing orders, direct debits, and dishonoured cheques in the cashbook or bank statement?

 

[slisjunknown]

Wat are the chapters that u have problems with? Maybe I can help

 

[Xaptor16]

Wat are the chapters that u have problems with? Maybe I can help

i have a problem with the financial statements of other organizations, such as partnerships, limited companies bla bla bla, but im hoping i can practice enuf in a day, cuz i can't be helped its too long just pleaassee pray for mee

 

[Xaptor16]

Thnx a lot,it realli helps and I sure will pray 4 u . Btw, is there any specific entries for stuff like standing orders, direct debits, and dishonoured cheques in the cashbook or bank statement?

hmm, now uve confused me too im a terrible accounting student cuz i didnt have a teacher, but so far so good i just know that if theres an overdraft, then the process is reversed, so in the bank reconciliation statement, u subtract what u wud usually add and add what u wud usually subtract. or u cud just start with eh bank balance as a negative number and do the normal procedures. idk if it makes sense to you, ive never been good with words

 

[slisjunknown]

hmm, now uve confused me too im a terrible accounting student cuz i didnt have a teacher, but so far so good i just know that if theres an overdraft, then the process is reversed, so in the bank reconciliation statement, u subtract what u wud usually add and add what u wud usually subtract. or u cud just start with eh bank balance as a negative number and do the normal procedures. idk if it makes sense to you, ive never been good with words

I get what u mean...my dad just told me abt those stuff for the millionth tym..all the standing orders paid, direct debits and credit transfers have to be entered in the cash book.He started getting annoyed cuz I neva realli wanted to listen to sumthing that I HATED like that. Why are u so obsessed with the sign?!

 

[Xaptor16]

you're just a ******* idiot if you have a whole family of accountants and still don't get shit.

theres no need to be so negative, people have different ways of learning

 

[Xaptor16]

I get what u mean...my dad just told me abt those stuff for the millionth tym..all the standing orders paid, direct debits and credit transfers have to be entered in the cash book.He started getting annoyed cuz I neva realli wanted to listen to sumthing that I HATED like that. Why are u so obsessed with the sign?!

idk really, i think the reason mite be tht posts seem so serious and boring without any emoticons so i like using them, and is the one i use the most, for some reason

 

[slisjunknown]

you're just a ******* idiot if you have a whole family of accountants and still don't get shit.

If its shit, no one willget it. Besides, just bcuz my dad is an accountant, it doesn't mean he knows how to teach right!
Every Accountant cant be a teacher and every teacher cant be an accountant!

 

[slisjunknown]

theres no need to be so negative, people have different ways of learning

thnx buddy

 

[Xaptor16]

If its shit, no one willget it. Besides, just bcuz my dad is an accountant, it doesn't mean he knows how to teach right!
Every Accountant cant be a teacher and every teacher cant be an accountant!

hahaha thats true

 

[slisjunknown]

hahaha thats true (Y)

Where are u doing ur exams?

 

[Xaptor16]

Where are u doing ur exams?

in riyadh, saudi arabia
wbu?

 

[slisjunknown]

Jeddah, Saudi arabia

 

[Xaptor16]

Jeddah, Saudi arabia

r u writing the computer studies ppr 1 today?

 

[slisjunknown]

r u writing the computer studies ppr 1 today?

No..I did 0417 on 14th or 15th of May .is it for 0418?

 

[Xaptor16]

No..I did 0417 on 14th or 15th of May .is it for 0418?

nope 0420 wish me luck!