accounting unit 1 Watch

humzzy
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hows everyones revision going ;p
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humzzy
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does anyone know an easy way i can get purchase ledger control accounts and sales ledger control accounts in my headdddd!!!!!!!!!!!
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Qasim1786
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Make revision cards. That's what is helping me and I understand them now!
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humzzy
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(Original post by Qasim1786)
Make revision cards. That's what is helping me and I understand them now!
my exams tomorrow its tooo late fr tht :mad:
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Qasim1786
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(Original post by humzzy)
hows everyones revision going ;p
Do you know what's likely to come up?
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humzzy
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(Original post by Qasim1786)
Do you know what's likely to come up?
im thinking suspense accounts errors and the journal will come up i doubt bank rec will
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girl95
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(Original post by humzzy)
does anyone know an easy way i can get purchase ledger control accounts and sales ledger control accounts in my headdddd!!!!!!!!!!!
Learn one format and remember for the other its always the opposite so:

3 things on DR Side:
1.Bal B/d
2. Sales
3. Cancelled cheques.

6 things on CR side:
1.Returns in
2.bad debts
3.receipts
4.bank
5.discounts allowed
6. Bal c/d
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humzzy
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(Original post by girl95)
Learn one format and remember for the other its always the opposite so:

3 things on DR Side:
1.Bal B/d
2. Sales
3. Cancelled cheques.

6 things on CR side:
1.Returns in
2.bad debts
3.receipts
4.bank
5.discounts allowed
6. Bal c/d
okayy thanks alot
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jimmey09
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(Original post by humzzy)
does anyone know an easy way i can get purchase ledger control accounts and sales ledger control accounts in my headdddd!!!!!!!!!!!
A sales ledger control account is about trade DEBTORS, But most of the information goes on the CREDIT, whereas a purchases ledger control account is about trade CREDITORS, But most of the information is on the DEBIT side
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humzzy
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(Original post by jimmey09)
A sales ledger control account is about trade DEBTORS, But most of the information goes on the CREDIT, whereas a purchases ledger control account is about trade CREDITORS, But most of the information is on the DEBIT side
thankkyouuu
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jimmey09
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(Original post by humzzy)
thankkyouuu
No Problem
I only just realized it yesterday when I was doing a past paer
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humzzy
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(Original post by jimmey09)
No Problem
I only just realized it yesterday when I was doing a past paer
oh bless do u have an exam tmrow?
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jimmey09
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(Original post by humzzy)
oh bless do u have an exam tmrow?
yep 1 30
will be on here discussing it tomorrow lol
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humzzy
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(Original post by jimmey09)
yep 1 30
will be on here discussing it tomorrow lol
haha so truee
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