im so scared.
i spent tons n tons of my time on my SS.
i forgotton that tml i got POA.
ahhh!!
i duno how to open or close captial account!!!!
HELP!!!!
i duno wad to put in it!!!


ok.
this entry will be full of my shits.
im revising.
n being lame at de same.
this is how i motivate myself....


okay.
im now looking at one of the question.
where the hell got de balance brought dwn??
*lost* *lost*
wooooooo.
icic.
its de previous captial amount.
therefore...
wen the question giv mi a capital word dwn there..
it means in my captial amt,
i got to write it as...
"bal b/d"
okay!
n it must put it at the credit side.
hur hur.
the net profit frm de trading, profit & loss a/c also on credit side.
hmmm.
to balance Dr n Cr,
add the total on the Cr(if net profit) minus de amount on the Dr.
n u will get de balance carried dwn!!!.
yay!
Extra: write bal b/d on the Cr side below de amount that u had balance.
hmm.
okok.



Profit & Loss...
Dr=Expenses
Cr=Revenue

errrr.

discount receieve=P&L,under revenue,Cr side.
discount allowed=P&L,under expenses,Dr side


Carriage Inwards= Add inside de Total Purchases.
Carriage Outwards= Add inside the P&L a/c, under Dr



i think i can bahx tml.
let mi go n memorize format.
alot xia!
*faint*
gtg rush.



do some questions n SS notes b4 i orh orh.
haish.
2 packets of coffee powder.
im so alert now.
wahahahas.



x)))
wish mi luck for tml!!!



JIAYOU!!!
U CAN DO IT!!!!
X)))))))))