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• # 117349
• Sat 08 Dec 2018 10:13 AM

I am currently working through a mock paper doing the computerised part. I just wanted to ask for some advice Task 3 is Adjustments and under here there are subcategories of Corrections, Prepayments & Accruals, Depreciation of Fixed Assets. Are all of these done by creating journal entries?

Also if anyone is studying Part 3 and would like a study buddy please email me paul@inform.uk.net

Thanks

Paul

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• # 117353
• Sun 09 Dec 2018 10:18 AM

PaulW said:

“

I am currently working through a mock paper doing the computerised part. I just wanted to ask for some advice Task 3 is Adjustments and under here there are subcategories of Corrections, Prepayments & Accruals, Depreciation of Fixed Assets. Are all of these done by creating journal entries?

 

Also if anyone is studying Part 3 and would like a study buddy please email me paul@inform.uk.net

 

Thanks

Paul

”

 Hi Paul

i am Rishi, i am currently doing BA4 mock exam . just got 82%. could have passed it. i will email you so we can talk thru it to each other.

thanks

rishi 

• rishi

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• # 117356
• Mon 10 Dec 2018 09:17 AM

khera.rishi said:

“

PaulW said:

“

I am currently working through a mock paper doing the computerised part. I just wanted to ask for some advice Task 3 is Adjustments and under here there are subcategories of Corrections, Prepayments & Accruals, Depreciation of Fixed Assets. Are all of these done by creating journal entries?

 

Also if anyone is studying Part 3 and would like a study buddy please email me paul@inform.uk.net

 

Thanks

Paul

”

---

 Hi Paul

 

i am Rishi, i am currently doing BA4 mock exam . just got 82%. could have passed it. i will email you so we can talk thru it to each other.

 

thanks

 

rishi 

”

 I look forward to your email if I don't respond straight away let me know as my spam filter may have stopped your email.

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• # 117395
• Sat 22 Dec 2018 05:12 AM

Hi, This question is from a BA4 Mock and I keep going over it and over it and can't get the correct answer, so answers on a postcard or message as I can not see where I am going wrong with this one.

The following information is taken from the books during the month of May (VAT 20%)

Net sales from the Sales Day Book for the month £15,000

Gross Sales Returns from the Sales Return Day Book for the Month £600

Gross Purchases from the Purchase Day Book for the Month £4200

Damaged goods are written off due to a flooded warehouse (at cost) £5000

What will be the gross profit figure (after returns and damaged goods have been taken into consideration)

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