Can someone please post formats of all the accounts please! i seem to be having a problem finding them! please help me!
thanks in advance!
Will try to post them by tom. hopefully
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Can someone please post formats of all the accounts please! i seem to be having a problem finding them! please help me!
thanks in advance!
Ohh okay got it , thnx a lotthe indirect cost for the manufacturing ... eg .indirect wages.. factory general expenses ... these are cost for the manufacturing. bt as they r not directly related in making of the goods .v consider them as factory overheads(indirect costs)
Will try to post them by tom. hopefully
so, i was just solving s09 P1 today, and i don't know why, but i just don't get the hang of questions like Pg 5, q12. WHEN do you apply trade and cash discounts both, and when do you only deduct the trade discount percentage? please help!
All those name three causes of depreciation, those kind of questions. They repeat them a LOT. Theory questions in the sense that you are not required to prepare any accounts, they want short written answers based on your general accounting knowledgeplease elaborate?
Guys, I have something to share: whenever there's 2 discounts to apply, i.e. trade and cash discounts, always apply the trade disc. first, deduct it from the original price and apply the cash discount on the new amount
No, what I was doing was cash+trade discount, if it's 20% trade and 5% cash, i was deductiong a whole of 25%, and I got the wrong answer that way. Just trying to help
Oh no, that's quite alright Rahma! Really?!?! I have barely even started accounting!
Will try to post them by tom. hopefully
Hey.. I am always confused in Bad debts account, Prov. for bad debts account and bad debts recovered.. can someone help?
umm...sir...i still await your promise!
well i do have these hand written class notes....u want me to scan them or should i type it out??
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