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JUB JUB

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hey could someone please please post up the answers to SQ6 (including the calculations). . . .i did go to my lecture, my didn't get down the RIGHT answers...thankx
 

elizabethy

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here's how i did it....n it is correct !!!:)
(a) Dr allowance for doubtful debts 170
Cr Accounts recievable 170

(b) Bad debts expense is $ 463.20
so the entry is Dr Bad debts expense 463.20
Cr all. for doubtful debts 463.20

(c) statement of financial pos. pres is as follows
accounts recievable 34830
less: all. for doubtful debts (1393.20) 33436.80


(d) is similar 2 part (b)
the entries are : Dr Bad debts expense 2663.20
Cr all. for doubtful debts 2663.20

(e) Dr Bad debts expense 620
Cr all.for doubtful debts 620

sorry man.....i didn't show the calculations cos they r a bit long n im veryyy tireddd atm.........if u still don't get it i will type it for u ....tomozz.....sorry!!
 

JUB JUB

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Originally posted by elizabethy
here's how i did it....n it is correct !!!:)
(a) Dr allowance for doubtful debts 170
Cr Accounts recievable 170

(b) Bad debts expense is $ 463.20
so the entry is Dr Bad debts expense 463.20
Cr all. for doubtful debts 463.20

(c) statement of financial pos. pres is as follows
accounts recievable 34830
less: all. for doubtful debts (1393.20) 33436.80


(d) is similar 2 part (b)
the entries are : Dr Bad debts expense 2663.20
Cr all. for doubtful debts 2663.20

(e) Dr Bad debts expense 620
Cr all.for doubtful debts 620

sorry man.....i didn't show the calculations cos they r a bit long n im veryyy tireddd atm.........if u still don't get it i will type it for u ....tomozz.....sorry!!
thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou thankyou
THANKYOU!!!
 

xiao1985

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OMG!!! gluck pplz 2morrow!!!!! :'(

i am so gonna cry!!! i got 2 exams on teh first day =(
 

elizabethy

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i don't think u must have cried after seeing the exam cos it was MUCH better than expected.....!!! well, dats wat i felt...!!
 

Toodulu

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haha i needed to pee just as she said, "for the next 10 minutes you must remain seated" :|
 

xiao1985

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Originally posted by elizabethy
i don't think u must have cried after seeing the exam cos it was MUCH better than expected.....!!! well, dats wat i felt...!!
major uncool tho =( i lost like 2 marks already, cuz i discovered that i got a 2 marker wrong when the examiner said "cease writing" =( major uncool ><
 

xiao1985

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Originally posted by pigs_can_fly
oh no xiao! 2 marks!!!
srsly man, don't stress about it
pigz!!! you should know how i feel~~~

i mean, imagine man, if you had lost 2marks when you realise it was really a peasy 2marks :'( =p

aniway... FINALLY FINISHED MY EXAMS!!!!!!! WOOOOOOOOOOOOOT!!!! ^^
 

xiao1985

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Originally posted by elizabethy
finished my exams....................wooohooooo!! :D
heheh congrat eliz ^^
holi all planned out???
2day i went to fisher (yes, i went to fisher even if i dont 'ahve exams left =p) and sat at the lawn infront of the fisher!!! WOA!!! TIS T-H-E greatest feelign eva!!!!!!!
 

Toodulu

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what, to go to uni when you finally finish exams and sit on the grass and look at a library?

haha whatever floats your boat
 

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