View ACCA F3 / FIA FFA lectures Download F3 notes
ACCA F3 Double Entry Bookkeeping (part a)
Reader Interactions
Comments
Leave a Reply
You must be logged in to post a comment.
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
20% off ACCA & CIMA Books
OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>
Which book the author is referring to?
To our Course Notes!
They are free to download and the link to them is just above the lecture (on the right hand side).
Thank you very much!
Hello Everybody. Does anyone knows if it is possible to download video lectures? Thnaks
The lectures are not downloadable – this is the only way that we can keep this website free of charge.
Thank you so much
Where are the answers to the exercise after the samples in the paper?
At the end of the Course Notes – look at the contents page!
Totally amazing!!!.. . . . . .I am a helped human!
Thank you very much its helpfull and you,r lucture clear my concept my f3 paper exam is in feb 1 week
Thanks for the lecture. It is very helpful to learn accounting very easily.
For part J where $100 is withdrawn in the form of cash, is it still correct if we DR the capital a/c instead of the withdrawals a/c?
@ahmedqayyum, No – drawings must be kept separate from capital.
@johnmoffat, So we’re treating Withdrawals as an expense?
@ahmedqayyum, No – withdrawals are never an expense. Expenses appear on the Income Statement – drawings never appear on the income statement.
On the Statement of Financial Position, you show the amount owing to the owner as capital at the start of the year, plus any profit, less any drawings. That ends up giving you the capital at the end of the year.
However, you cannot simply debit the capital account with the drawings because you must show the capital at the start of the year and the drawings separately on the Statement of Financial Position.
If you watch the remaining lectures for this chapter then it is made clear, and explains how at the end of the year then you do transfer the balance on the drawings account to the debit of the capital account (but only at the end of the year).
@johnmoffat, Ah ok, that makes much more sense!
Thanks for the help! 馃檪
@johnmoffat, you are welcome 馃檪
i am really thankful from Opentuition.com and specially from wonderful lectures, and hope that be free for ever.
Open tuition is very helpful when you have a full time job,you can study anywhere anytime…thanks a lot to all the open tuition crew.
Thanks a lot. After reading Kaplan, this lecture was really helpful to understand T account.
Great,
can I suggest, you watch lectures first and then check with the study text if you don’t understand or want more details..
I knew this so well in a-levels, until my acca F3 lecturer made me so confused!!!
Now I remember!!!
Great Lecture!!!
refreshing my memory,very helpful as i now tackle P2.thanks OT
i am really very interested in away the notes conducted
i am really veiry happy with open tution because i learned after i registred my name with open tution
really helpfull made accounting very easy…. i love opentuition
good….
Very helpfull I really like this teaching style
I like it very much thanks a lot
there is a small mistake, sample 3 is on page 16 not 6
very good thank you very much
very usefull thanks
Thank u very much, very helpful and good teaching.