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• # 76155
• Mon 07 Nov 2011 09:35 PM

Question 2. I am £100 pound out on the balance sheet and its soo annoying!!! Been trying to do it for hours. Any tips on where i could be going wrong??

Oh i am with Ideal schools !! will ring them in the morning if no response here, its just bugging me now 

thanks

sam

Edited at 07 Nov 2011 09:38 PM GMT

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• # 76157
• Mon 07 Nov 2011 09:46 PM

Hiya,

don't know the question you're referring to but can speak from personal experience.

Did you put closing stock as an asset on the balance sheet and deduct it from cost of sales on the P&L?

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• # 76158
• Mon 07 Nov 2011 09:49 PM

Hiya thanks for replying.

Yes i have done that? is that wrong??


sam  

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• # 76160
• Mon 07 Nov 2011 09:57 PM

Yes, just something I forgot to do more than once!

Maybe its something that will be blindingly obvious in the morning. Sorry I can't be more help.

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• # 76161
• Mon 07 Nov 2011 09:58 PM

sorted!!! was a silly data entry error!!think i have been looking at it too long!!!thanks anyway


sam   

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• # 76858
• Wed 23 Nov 2011 12:03 AM

Hi Sam,

Just curious it did have to do with the commission received per chance? I had a similar problem with question 2 on assignment 6. I wish you all the best with your studies

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