|Posted: 23 Jul 2010 at 16:13 | IP Logged
Hey quick question -
I'm doing the Becker #1 simulated exam & for the 1st SIM it required JE's... my answer was the following:
dr. cap lease oblig xx
dr. int. expense xx
cr. cash (xx)
They marked this WRONG because I placed cap. lease obligation before interest expense... this wouldn't be the case of grading on a real exam right?? That just seems rediculous - Maybe I never noticed it when I studied before, or happend to put int. expense 1st, but just wanted to see since I thought only the communication & research tabs were the only tabs not graded by software.
AUD: 69,77(expired), 86!!!