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Subject Topic: JOURNAL ENTRIES AND PASSING FAR (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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WILDSTARCARD
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Posted: 22 Aug 2009 at 16:13 | IP Logged  

How do you study for journal entries? I know I got a whoopin' in the sims because of the journal entries, which is my weakest topic.

Can anyone give me pointers on the right way to study for journal entries? There are like a million journal entries! How do you study for it?
And what materials did you use?

Also, anyone who failed FAR using Becker and passed the second time can give me pointers on what you did differently to pass?

Could it be that I used old 2006 material that contributed to my fail score?

Input much appreciated!


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Jams
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Posted: 22 Aug 2009 at 18:15 | IP Logged  

i haven't given the exam yet, but i can still tell you that i see a change in the knowledge i had previously and now. i had the same issue as you, journal entries, i was really bad at them. i studied from becker and failed with 74, i know how it feels too close but not good enough. i switch to yaeger and believe they go into journal entries and T accouts for everything. and thats how i could understand the topics better.
initially i would just flip looking at J/E and now i have a good hand over topics then before. i would recommend trying yaeger. good  luck.


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WILDSTARCARD
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Posted: 23 Aug 2009 at 00:23 | IP Logged  

Jams wrote:
i haven't given the exam yet, but i can still tell you that i see a change in the knowledge i had previously and now. i had the same issue as you, journal entries, i was really bad at them. i studied from becker and failed with 74, i know how it feels too close but not good enough. i switch to yaeger and believe they go into journal entries and T accouts for everything. and thats how i could understand the topics better.
initially i would just flip looking at J/E and now i have a good hand over topics then before. i would recommend trying yaeger. good  luck.


how does yaeger teach about j/e different from becker? and where do you get yaeger. i had to have two sims that grilled me on my weakest topic and not my strongest topics.


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Jams
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Posted: 23 Aug 2009 at 09:29 | IP Logged  

well, for one thing i know, becker never use a board to explain students what this entries mean, and why is this account debited or credited, which yaeger does. i could have never understood bonds, debt extinguishment, convertible, allowance for doubtful,warrants, translation adjustment,i can go on on. if it wasn;t for yaeger. i am not sure about your sims, but i can assure you yaeger goes over every single topic in detail, its way different than becker. i am not getting paid for saying this, i am a student who was thinking may be i am not good enough for CPA, because i was lacking knowledge about this topics, was about to give up and thought of switching the material, and i realize that i am good enough but its time to switch.
you can buy it from their website, yaegercpareview.com, call philip yaeger the owner, talk to him if you want.


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WILDSTARCARD
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Posted: 23 Aug 2009 at 22:50 | IP Logged  

Jams wrote:
well, for one thing i know, becker never use a board to explain students what this entries mean, and why is this account debited or credited, which yaeger does. i could have never understood bonds, debt extinguishment, convertible, allowance for doubtful,warrants, translation adjustment,i can go on on. if it wasn;t for yaeger. i am not sure about your sims, but i can assure you yaeger goes over every single topic in detail, its way different than becker. i am not getting paid for saying this, i am a student who was thinking may be i am not good enough for CPA, because i was lacking knowledge about this topics, was about to give up and thought of switching the material, and i realize that i am good enough but its time to switch.
you can buy it from their website, yaegercpareview.com, call philip yaeger the owner, talk to him if you want.


i know what you mean. becker assumes that you already know what increases and decreases in debits and credits are. so how do you go about memorizing all the journal entries? or is it that you don't memorize it but just know what increases or decreases assets and expenses, etc according to yaeger method?

i feel like using yaeger as a supplement to j/e. is it one section related to journal entries or is it dispersed throughout their course book?




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