Do I fail if i dont pass finals? (2 Viewers)

Nick

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closing entry:

dr accounting wit provision revenue
cr profit and loss summary
 

ezzy85

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dont forget to post them to the right sub ledgers.
 

Nick

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if someone doesnt get the joke then i suppose i have to create an allowance for doubtful joke contra account

Dr bad pun expense
Cr allowance for bad puns


fuck i love accounting now that it has practical applications
 

Nick

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yeah thats why i closed the entries

no more of that
 

Exeter

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Dr shutting nick up
Cr baseball bat
(who thought his head would be so hard)
 

Nick

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i finished it too

we'll have to reverse all the entries people made after i closed the accounts..
 

redslert

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Originally posted by Exeter
Dr shutting nick up
Cr baseball bat
(who thought his head would be so hard)
there seems to be an accounting error here

since baseball bat is an asset and shutting nick up is a liability <- as we have to do this using the baseball bat

so it's

DR Baseball Bat
CR Shutting Nick up
 

t-i-m-m-y

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Originally posted by Exeter
yeh but some people dont get it
not all people are as smart as you
well actually if u work consistenly thru-out session, and don't slack off its not difficult.

whether or note u slack off, is, of course, entirely a different matter

Originally posted by Shawny
timmy im gonna kidnap you next semister
try as u may

Originally posted by Newbie
hahaah timmy what a nerd
otherwise known as freek

Originally posted by redslert
i just stopped showing up to account...
i reckon.
 

Frigid

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Originally posted by piccaninny
i'm thinking of doing accounting, is there a lot of maths and what is acc about??
no maths (other than addition, subtraction, multiplication, division, percentages - all calculator work)

Accounting is "an information system which provides reliable and relevant reporting to users of financial information so they can make decisions about the allocation of scarce resources." (Horngren - Accounting). couldn't have said it better myself :)

basically all very logical, some memory, a lotta ppl complain its too hard to remember it all, easier to remember if you be logical, conservative and think like an acctant :)
 

ezzy85

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its as boring as hell but its not too bad to have if youre going to be doing something in the "business world".
 

chintimz2

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does anyone know the pass mark for discrete maths, computing and higher physics by any chance?
 

sunny

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Your final mark has to be 50% or above to score a PS...provide you meet other criteria the school might have.
 

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