1st Year BBS accounting case study

Pai Mei

I thought that yeah I'll just try and make myself do it this week

Copper_pipe

sure if you've any questions PM me

Gael23

Pai Mei wrote: »

Ah I should be grand so... Personally I think for the work that has to go into it it's stupid it's only worth like 15%

I would strongly recommend you do it in excel and make it worth 25%.
When I did it, I found that when you did the first section it was just a matter of breaking down the information from there on. It was very tough going to get through that first section though

Murrr

I'm doing the case study too!!...on section 3 - nominal ledgers and so lost with it...don't even know where to start!!

Pai Mei

ryanf1 wrote: »

I would strongly recommend you do it in excel and make it worth 25%.
When I did it, I found that when you did the first section it was just a matter of breaking down the information from there on. It was very tough going to get through that first section though

I was originally going to do it through excel but with less than a week to go and not even 1 section done I'm fairly confident I won't have time for that :pac: I really just wanna get it finished at this stage I just don't have the motivation

Gael23

Pai Mei wrote: »

I was originally going to do it through excel but with less than a week to go and not even 1 section done I'm fairly confident I won't have time for that :pac: I really just wanna get it finished at this stage I just don't have the motivation

Once you get the nominal ledgers done it really does get more understandable. I remember freaking when I saw that section and had to turn to someone in the year ahead of me for some help but when you do them, the rest of it is just breaking down the information.
I still have mine so I should be able to help a little if you need it.

Murrr

In the nominal ledger are the opening balances single entry? And how do you know what to put into each account then???

lalala

anyone have an answer for post trial balance ???

Copper_pipe

What does the preliminary trial balance, balance at?

Pai Mei

Copper_pipe wrote: »

What does the preliminary trial balance, balance at?

Mine balanced at 181621

Hopefully that is right

Copper_pipe

Pai Mei wrote: »

Mine balanced at 181621

Hopefully that is right

Mine balanced at 181721

Pai Mei

Copper_pipe wrote: »

Mine balanced at 181721

Did you put in the PAYE/PRSI balances of 100 on the cr and dr sides?? That's the only thing I can see that might be different.

df123

Anyone know where we can get the answers to those theory questions that John calls out in the lectures?