Comments

  1. avatar says

    hi,
    In the 2nd chapter of F3,regarding the example , i did the trail balance for that.But in trail balance in debit side i get 16400 and in credit side i get 16800.Please let me know what is the mistake i would have done.
    but the income statment, i did right.I got gross profit 2200 and net profit as 2000 as you did in the lecture.
    Help me out please.
    Tks

      • avatar says

        Hi,
        Iam not able to find answer.Iam giving my trail balance below.
        Trail balance
        DEBIT CREDIT
        Cash 5800 10000 capital
        shop 2000 1400 payable
        purch. 3000 5200 sales
        car 3000 200 electricity
        receiva 1400
        ble

        TOTAL 16400 16800 TOTAL

      • Avatar of johnmoffat says

        But in the second chapter there are no debits and credits, and no trial balance!!

        Watch the next lecture to see how we do the debits and credit and how we prepare the trial balance (it is trial balance, not trail balance :-) )

        (I don’t know why you bothered with debits and credits and a trial balance, but anyway the electricity is a debit not a credit. Then it will balance :-) )

  2. avatar says

    Hi Mr.Jhon im doing F2 & F3 exams this december following only your lectures and notes. Is it well enough to pass my exam (i mean is it all syllabuscontents included in your lecture and notes?) if i study those properly?

    Your lectures are great and easy to understand.

    Thank you

    • Avatar of johnmoffat says

      The Course Notes and lectures contain enough to be able to pass the exam well.
      However you must get hold of a Revision/Exam Kit from one of the approved publishers – practicing questions is most important of all, and these books contain lots of questions to practice.

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