[HateCPA]

I just want to tell you guys, you need to Know your journal entries by Heart!!!

Really hate this exam.

AUD: 80 (Expires May 31, 2013).
Bec: 80 (Expires November 30th, 2013).
FAR: 71, 77.
REG: to be written May 29.

Studying with Becker...

[Anonymous]

You have to know them inorder to pass FAR!

[MCLKT]

If you clicked on this, I dare you to add your favorite journal entry 🙂

Opening Governmental Budget:

DR: Estimated Revenues

___CR: Appropriations

___CR: Est. Other Financing Uses

_DR/CR_(plug)Budgetary Fund Balance

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[Anonymous]

DR. Encumbrances

CR..Reserve for Encumbrances

DR. Reserved for Encumbrances

CR. Encumbrances

DR. Expenditures

CR. Vouchers Payable

Probably the only one I always remember

[HustlinHustlin]

First 6 months of “lease-free” rent

DR: Rent Expense (total of all rent paid over lease term/per month)

CR: Lease payable (XX)

Remaining months of rent

DR: Lease expense (Total of all rent paid over lease term/per month)

DR: Lease payable *Plug*

CR: Cash (total of “standard” payment)

B 71 - 79 EXPIRED
A 69 - 75 EXPIRED
R 65 - 48 - 45
F 56 - 61 - 65 - 64

Becker, Wiley Test Bank, Wiley Text and Ninja Notes

"The fish who keeps on swimming is the first to chill upstream" -311

Experience - Done, like WAAAY done.
Still need 30 more credits, in basket weaving (gotta love new CA requirements)

[MCLKT]

Sales Type Lease:

DR Lease Rec (PV lease payment)

___CR Sales (PV lease payment)

DR COGS (book value asset “sold”)

___CR Asset (Book value asset sold)

payments:

DR Cash

___CR Lease Rec.

___CR Interest Income

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[Rukus]

You guys are just sick. Favorite journal entries? Shoot me in the face!

Sorry, I guess I just have “senioritis” I am waiting on my last (hopefully) score. Monday can't get here quick enough!

FAR - 81 (8/31/12)
AUD - 93 (10/19/12)
BEC - 79 (11/27/12)
REG - 92 (2/8/13) DONE! All 1st attempt!

[Anonymous]

lol lol lol

heres another one

DR income tax refund

dr deferred tax asset

cr deferred tax valuation account

cr incoem tax benefits..

[syllo2012]

Bonds sold with detachable stock purchase warrants,

At Issue date:

DR Cash

CR Bonds Payable

CR A.P.I.C – warrants

On the exercise date:

DR Cash

DR A.P.I.C – warrants

CR Common stock (at par)

CR A.P.I.C

And here I thought I would understand it better if I wrote it down….nope STILL don't understand it!..lol

FAR - 04/15/13 70 - 07/02/13 79!!!
AUD - 08/19/13 84 🙂
REG - 10/14/13
BEC - 11/29/13

Using Becker

[Anonymous]

My favorite goes like this:

Dr. Kricket's paycheck expense

Cr. Boss's cash

[Anonymous]

lol kricket – ths the best JE so farrrrrrr….xxx

[Author]

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