|
|
Question 1. Interactive Practice Exercises. |
These exercises are built to be run on Laptops or PC's. Tablets, if they have an attached keyboard are ok(ish), but these will not work on Phones.
The "Trick" when doing these is not the doing of them. Just repeating what you did 20 seconds ago will not help you learn or improve.
Rather Explicitly describe to youself What you are doing, and more importantly, Why, and What you will be doing Next.
|
| What Goes Where - Positioning of Entries |
Adjustments - Calculating Figures |
| |
|
|
|
|
| Positioning of Assets & Liabilities in the Balance Sheet |
Reducing Closing Stock through (fire) damage |
|
|
|
| Positioning of Expenses & Liabilities in the Final Accounts |
Calculating for Disposal & for P&Ⓛ |
|
|
|
| Positioning of Expenses, Assets, Revenues & Liabilities in the FABS. |
Wrong Mortgage/Debenture Figure |
|
|
|
| As EARL above, but adding in entries which follow on from the 1st Initial entry. |
Discount, Debtor/Creditor Omissions |
|
|
| Headings |
Other Errors |
 |
|
| Headings in Final Accounts & Balance Sheet, (not Manufacturing) |
Investment Income: Error & ⓟ&L. Patents, P&Ⓛ & c/d-A |
|
Some Past Questions
|
|
|
|
|
 Manufacturing
|
Sales/Purchases, Debtors/Creditors & Closing Stock |
|
|
|
Company |
|
|
|
|
Sole Trader |
Purchases/Sales on Credit, Unrecorded |
|
|
|
Manufacturing
|
|
|
|
Sole Trader |
Adjusting or Creating, from a Final Debtors figure |
|
|
Company |
|
| |
Building Purchase - VAT included |
| |
|
| |
Extensions - Self Built from Purchases and Labour |
| |
|
| |
Revaluation Reserve 1: Simple Question |
| |
|
| |
Revaluation Reserve 2: With an Extension |
| |
|
| |
Revaluation Reserve 3: Fire Damage & Rebuild |
| |
|
| |
Revaluation Reserve 4: VAT entered in L&B |
| |
|
| M.
Galligan. East Glendalough
School, Station Road, Wicklow Town. |
