Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)

Accounting and finance discussion, revision, exam and homework help.

Announcements Posted on
Please change your TSR password 23-05-2013
IMPORTANT: You must wait until midnight (morning exams)/4.30AM (afternoon exams) to discuss Edexcel exams and until 1pm/6pm the following day for STEP and IB exams. Please read before posting, including for rules for practical and oral exams. 28-04-2013
Sign in to Reply
  1. Jack_Smith's Avatar
    • Benevolent Member
    • Posts: 647
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by afzal123)
    i generally find control accounts easy, i dont want suspense accounts :eek:
    i have a feeling we will get suspense accounts as it has not come up for a while. I dnt like them too.
  2. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    A Level Accounting - Control Accounts Contra Entries Set-off - Episode #2 - Prof. Accounting


    http://www.youtube.com/watch?v=q3iqIwTk8i0&hd=1


    A Level Accounting - Control Accounts Credit Balance in Sales Ledger - Episode #3 - Prof. Accounting


    http://www.youtube.com/watch?v=W8iCn...kzwj4XrlrNYEpB
    Last edited by A.A.T.; 09-01-2012 at 15:38.
  3. suqiang's Avatar
    • Junior Member
    • Posts: 50
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    I'm doing the OCR one anyone here is doing OCR Accounting FO11?
  4. omgg's Avatar
    • Respected Member
    • Posts: 211
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    I am soooo scared for this exam!!!
  5. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by suqiang)
    I'm doing the OCR one anyone here is doing OCR Accounting FO11?

    http://www.thestudentroom.co.uk/show...ght=f011%20ocr
  6. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    A Level Accounting - Bank Reconciliation - Balancing the Cheque Book Episode #4 - Prof. Accounting

    http://youtu.be/toqsmYhPGPE
    Last edited by A.A.T.; 09-01-2012 at 19:00.
  7. afzal123's Avatar
    • Full Member
    • Posts: 137
    • Warning points: 10
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by A.A.T.)
    A Level Accounting - Bank Reconciliation - Balancing the Cheque Book Episode #4 - Prof. Accounting

    http://youtu.be/toqsmYhPGPE
    Hey have you got one for suspense accounts?
  8. Jack_Smith's Avatar
    • Benevolent Member
    • Posts: 647
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by afzal123)
    Hey have you got one for suspense accounts?
    It would be really useful if you did.
    Last edited by Jack_Smith; 09-01-2012 at 18:29.
  9. afzal123's Avatar
    • Full Member
    • Posts: 137
    • Warning points: 10
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    anyone??
  10. Jack_Smith's Avatar
    • Benevolent Member
    • Posts: 647
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    where would carriage outwards go in the t&p&l account/ balance sheet?
  11. afzal123's Avatar
    • Full Member
    • Posts: 137
    • Warning points: 10
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by Jack_Smith)
    where would carriage outwards go in the t&p&l account/ balance sheet?
    it would go in the expense section of the trading and profit loss acc.
  12. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    A Level Accounting - Bank Reconciliation - Importance of - Episode #5 - Prof. Accounting


    http://www.youtube.com/watch?v=7qBoT...ature=youtu.be
  13. sukhys's Avatar
    • Exalted Member
    • Posts: 398
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by Jack_Smith)
    where would carriage outwards go in the t&p&l account/ balance sheet?
    do you know the difference between carriage inwards and outwards??
  14. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    A Level Accounting Errors and Suspense Account Revision - Episode #6 - Prof. Accounting


    http://youtu.be/N87XCystWvQ
    Last edited by A.A.T.; 09-01-2012 at 22:50.
  15. coolcat2727's Avatar
    • Benevolent Member
    • Location: england
    • Posts: 727
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    Is a income statement a profit and loss account?
  16. dan94adibi's Avatar
    • Peer Of The TSR Realm
    • Location: London
    • Posts: 1,753
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by coolcat2727)
    Is a income statement a profit and loss account?
    Yes it is
  17. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by dan94adibi)
    Yes it is
    No. An income statement is the Trading and Profit and Loss Account.
  18. dan94adibi's Avatar
    • Peer Of The TSR Realm
    • Location: London
    • Posts: 1,753
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by sukhys)
    do you know the difference between carriage inwards and outwards??
    Carriage inwards - cost of transport when purchasing
    Carriage outwards - cost of transfport when you sale.
    Last edited by dan94adibi; 09-01-2012 at 20:35.
  19. sukhys's Avatar
    • Exalted Member
    • Posts: 398
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    ok does everyone know what a general journal is ?
  20. A.A.T.'s Avatar
    • Exalted Member
    • Location: Oxford
    • Posts: 353
    Re: Revision thread - Accounting (AQA) Unit ACCN1 - 10 January 2012 (pm)
    (Original post by sukhys)
    do you know the difference between carriage inwards and outwards??
    Attached Thumbnails
    Click image for larger version. 

Name:	carriage.jpg 
Views:	609 
Size:	239.3 KB 
ID:	116521  
Sign in to Reply
Share this discussion:  
Article updates
Moderators

We have a brilliant team of more than 60 volunteers looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Reputation gems:
The Reputation gems seen here indicate how well reputed the user is, red gem indicate negative reputation and green indicates a good rep.
Post rating score:
These scores show if a post has been positively or negatively rated by our members.