FAR journal entries

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  • #187887
    Anonymous
    Inactive

    What would you guys say is the best way to study journal entries for FAR. I have CPAexcel and am pretty weak on JE but I have no clue exactly how to study them or where to begin.

    Thanks!

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  • #587609
    Anonymous
    Inactive

    I kept a notebook and sectioned it by the sections in the book. Every time I ran across a new journal entry I put it into the notebook. When I was working problems that could possibly require a journal entry I put the numbers in t accounts and then into journal entries. It took some extra time but that's what worked for me. I reviewed the journal entries notebook multiple times and rewrote it once or twice.

    Make sure you understand t accounts as that will help you figure out how to set up the journal entry

    #587610
    SkilletCPA
    Participant
    #587611
    Anonymous
    Inactive

    Awesomee! Thanks for the help

    #587612
    rana_cali
    Member

    Thanks for that Skillet! So helpful.

    AUD: 84
    FAR: 75
    BEC: 78
    REG: 75

    DONE-ZO!!!!!!!!

    REG: Used Becker 2014 book, NINJA MCQ, Ninja notes, ninja audio
    _______________________________
    CFE since Oct. 2013.

    #587613
    musicamor
    Member

    T-accounts! You must know T-accounts…you'll win every time with these.

    Texas CPA - licensed in 2012!!!

    #587614
    kpb
    Member

    I was never taught T accounts, like ever. Maybe an instructor gave an example on a few problems but that was IT! :/

    BEC - 81 4/08/14
    FAR - 80 8/25/14 Thank you Jesus!
    REG - 69 (Nov 14),80 1/08/15 Thank God!
    AUD - 70 (May 14), xx 5/1/15

    Becker Online & Becker Flashcards
    I definitely wish I was one of those people who got all 4 exams done in 4 months, but unfortunately LIFE (being a newlywed, stress, adjusting to newlywed life and cpa exam study life, as well as starting a job with a Big4 which I am very happy about) got in the way, just happy that I am passing period!!

    I can do all things through Christ who strengthens me!

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