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  1. Hey John,

    Great lecture. A quick question about your example of errors which do not cause an imbalance on the trial balance. Referring to the last reason and the example at 20:03, you state that 2 transactions below; would effectively cancel each other out because they are 拢900 difference each. A little confused as the first transaction would make the debit side 拢900 lower, and the 2nd transaction would also make the debit side 拢900 lower, therefore wouldn’t there be a 拢1800 excess on the credit side in the trial balance?

    CR cash 1,000
    DR car 100

    and
    DR cash 2500
    CR sales 3400

    Thanks in advance.

  2. Hi. I think those errors are contradicting the errors put in the manual of bbp hence ot is confusing students like me … which one am I to consider true n which one am I to consider false.

  3. Hi John quick question. In compansating errors example in dt we have 900 less and in cr side we have 900 more. So total 1800 dofference. Please could you elaborate on it. Thank you.

    • I don’t know what it is you want me to elaborate, and your example is not a compensating error!
      If the debits are 900 less and the credits are 900 more, then there is indeed a total error of 1,800.

  4. Hi Mr John,

    Your lectures are very helpful, easy to understand. I do have a question thought. Was trying to do other exercises but I got confused in the followings:

    Receivables at 1 January 20×3 10,000 $
    Receivables at 31 December 20×3 9,000$
    Total Receipts during 20×3 (including sales of 5,000$) 85,000$

    What are Sales on credit during 20×3?

    I think it is 81, 000$ BUT wright answer is 79, 000$, which I am confused…. Could you please explain it?

    • In future you must ask questions like this in the Ask the Tutor Forum, and not as a comment on a lecture.

      The cash received from credit sales = 85,000 – 5,000 = 80,000.
      10,000 of this cash will be from receivables owing at the start of the year. That leaves 70,000 cash from this years sales.
      At the end of the year we are still owed 9,000, therefore the total credit sales for the year must be 79,000.

  5. Hello sir

    a quick question an expense account has the following transactions recorded in it: Opening debit balance of 拢100, Debit transaction of 拢500, Credit transaction of 拢150. What is the correct closing balance?

  11. Hello John,
    First of all thanks for your great illuatration! Here I have a small question on the last task. See when you tidy up the capital account for owner, you got a balance 5300 $ on the debt side, why you wrote the balnce again on the credit side? I just want to confirm if this credit balance 5300$ is necessary to write down or not? If yes, why?

  13. Hello sir,

    Thank you so much for your fantastic lecture. It’s clear and very easy to understand!

    I just have some small questions for you, sir. In the text book, it uses the word “SOPOL” instead of “balance”, so what does “SOPOL” stand for? And in the exam, is there any rule about using “SOPOL” instead of “balance” or vice versa?

    Thank you

    • There are a few test questions at the end of most of the chapters in the lecture notes.
      However you must buy a Revision Kit from one of the approved publishers because they contain lots of exam standard questions, and practice is vital.

      You can take our mock exam (online) any time you want to. However it makes sense to wait until you have worked through all of the chapters in the lectures notes (and the lectures that go with them).
      The test examines the whole syllabus (just as the real exam will), and because the program selects questions at random from a bank of questions, every time you attempt it you are likely to see different questions in Section A.

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