• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page
MedVision ad

acct 1001 practice set (5 Viewers)

jpr333

Member
Joined
Dec 19, 2003
Messages
478
Gender
Undisclosed
HSC
2003
Yes just group it in there with normal expenses.
 

s.m.i.t.h

Member
Joined
Jul 19, 2004
Messages
263
Gender
Undisclosed
HSC
2004
just a question
do we need to write explainations in the ledgers?
 

04er

...
Joined
Jan 26, 2004
Messages
956
Location
Sydney
Gender
Male
HSC
2004
s.m.i.t.h said:
just a question
do we need to write explainations in the ledgers?
According to Sandra on blackboard: This part of the practice set is up to you as an individual. This explanation is used as an audit trail.
 

sarevok

Member
Joined
Dec 17, 2004
Messages
853
Gender
Undisclosed
HSC
2004
imo because it's 'store' supplies it would go under selling expenses
 

kow_dude

Active Member
Joined
Mar 9, 2003
Messages
1,270
Gender
Male
HSC
2004
Omg it's almost 1:30am and i'm finally satisfied with my practise set.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 5)

Top