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I just completed the TBS section of a Becker Final Exam. When I reviewed my answers, I was surprised to find that the software marked some of my correct responses as incorrect.
For example, I answered:
DR Capital Finance Lease Liability 15,000
DR Interest Expense 85,000
CR Cash 100,000
But because Becker’s solution is listed as (see below), my answer was graded as incorrect:
DR Interest Expense 85,000
DR Capital Finance Lease Liability 15,000
CR Cash 100,000
I’m thinking this is just a constraint of the software grading, but was hoping for reassurance from a third party.
I am hoping that I can list the debits and credits in any order on the actual exam, and still receive credit if the content is the correct.
Can someone else weigh in on this?
Thanks
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