acct 1001 practice set (3 Viewers)

elizabethy

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my inventory is the same too....n im 100% sure it has 2 be the same ie, $49000 !
 

JUB JUB

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what did ppl get for sales revenue, sales returns and allowances and purchases in the UNADJUSTED trial balance?
 

teehee

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Originally posted by JUB JUB
what did ppl get for sales revenue, sales returns and allowances and purchases in the UNADJUSTED trial balance?
sales revenue - $561,030 CR
sales returns and allowances - $6,920 DR
purchases - $243,255 DR
 

xiao1985

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my results agree with teehee's...

btw i met elizabethy 2day ^.^
coolies =)
 

elizabethy

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my results also match with the above.....!!
yeah, nice meeting u xiao!!
 

xiao1985

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hehe eliz: you DO look abit different than i thought =p
 

JUB JUB

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Originally posted by teehee
sales revenue - $561,030 CR
sales returns and allowances - $6,920 DR
purchases - $243,255 DR
yep same here! good looks like i've done it right....still haven't finished the bloody thing and it's due tomorrow!
 

elizabethy

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hey guys did u check out ur practise set marks ? i got 24.75/25 !!! WOOHOOOO!!!! GO MEEE !!!! :D:D:D
 

frenchie

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hehehehe i got 24.45/25....can't believe that! suddenly i have a growing fondness for accounting....a subject i loathed all semester
 

xiao1985

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OMG!!!!!! U FREAKS!!! =(~~~

i got 23.75 =p sheet... i was expecting something along the lines of =p meh i dunno, higher??? =(

major upset ><
 

Suvat

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*senses the growing aura of excitement as BOSers prepare to get stuck into accounting 1b....*
 

Emily.

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hey im having abit of trouble getting my unadjusted trial balance to actually balance....i know its a while after u guys did it but anyone wanna volunteer to help me out?
 

fush

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im having trouble just starting.... so have u done all the journals and ledgers allready??

im struggling cause we havnt learned about the speciaal types of journals yet in lectures...
 

xiao1985

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dr cash at bank
cr accounts receivable...

or maybe should be in cash receipt journal...
 

xiao1985

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it would take abt 1 hr to go thru everything... i would if i have 1hr break... =(
 

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