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Hi
I have started FR today and i just want to ask you- Do we need to know Journal entries?
I am really struggling and i have just started and started feeling demotivated already because its so complicated. I got exemption for FA so i don have any assumed knowledge,
What advice do you give on this?Thanks
Hi,
You don’t need to know them as they’re not usually required in the exam but a knowledge of them is hugely beneficial. At the end of the day you are studying an accounting qualification and a knowledge of double entry bookkeeping is essential.
Don’t get demotivated, if you have an exemption then you’ve done bookkeeping already and are just a bit rusty so persist with it and it will all come back to you.
Thanks
Thanks for getting back. Just a little suggestion from you sir if you dont mind, i have failed my AA exam and i am resitting AA in march and before my AA result i had a plan to sit my FR exam as well but when i started studying Fr i found this very hard and FR asks more time as its more practical based, Can FR be prepared in one month considering that i am resitting AA in march as well , Also Does FR suppose to be done before AA?
Thanks
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