[jeff]

SO I know every test is different but does anyone have any insight on what has been heavily tested recently? I take the exam Monday and I need to narrow my focus….Thanks!

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

Determined, this is a basic T account question:

Beginning Balance of $47,000 for Y2

+ additional issue of $20,000

– (solve)

---

Ending Balance of $50,000

[OnMyWay732]

@Deteremined…

Let's think of this as just Accounts Payable. You start with 47,000 on your books for AP. During the year, you purchase equipment for another 20,000 on credit. At this time you now have 67,000 on your books for accounts payable.

At the end of the year, you have 50,000 on accounts payable. You must have paid 17,000 to get it to that.

I know I just switched bonds for accounts but I hope this helped conceptually understand it

AUD - July 2014 - 76
REG - August 2014 - 82
FAR - November 2014 - 78
BEC - January 2015 - 81

DONE!!!!

Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

"Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

[Determined CPA]

LIGHTBULB!!! Thank you Nick and OnMyWay732 – that explanation really helped!

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[Anonymous]

I'm just plowing through Becker SIMs today and then completing another 200 or so MCQ. Ugh.

[Determined CPA]

Gem City's internal service fund received $50,000 cash from the general fund that does not need to be repaid. This should be reported in Gem's internal service fund as a credit to:

answer: transfers.

Why isn't this other financing sources?? when would we use other financing sources? I thought we use this when there is a permanent transfer between funds. since this isn't being paid back, isn't this perm?

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[Determined CPA]

OMG sims! Ive only done a few – maybe 5… I need so spend some time on those later today!!

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[Fk]

Is anybody using Ninja FAR BOOK . If so , how is the book

[salring]

Done with FAR for now, my exam was average could go either way. The MQ's were okay I was sure about some questions and almost sure on others and guessed on afew. The MQ's did not get any harder or any easier as I went along they were the same all through.

The sims… this is where things started going very wrong for me. The first 4 were relatively easy, the 5th was tricky and the last 2 were straight from hell. As fate may have it the last 2 were from a topic that I didn't like and just decided not to spend time on towards the end. I am not stressing over it, if I fail I will retake in January and just spend Dec studying my 2 weak areas but honestly am hoping for just a 75.

My take apart from the 3 Sims, it wasn't bad. I take full responsibility for not trying to study the 2 annoying topics lol

[OnMyWay732]

@Salring… seems like the majority of us had a similar experience. Hopefully we are the group that logs in on December 9th and sees the beautiful 75

AUD - July 2014 - 76
REG - August 2014 - 82
FAR - November 2014 - 78
BEC - January 2015 - 81

DONE!!!!

Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

"Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

[salring]

@Onmyway, I really do hope so a 75 is all am praying for. What is your next test and when are you taking it? I will be taking audit in Jan

[Anonymous]

@Salring, NFP and Gov't emphasis?

[Determined CPA]

Praying and fingers crossed that everyone who took FAR last week and this week (and the rest of us still being tortured by FAR until Sunday) will see a magical 75 or higher on release day! we all worked hard, we deserve it!

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[Determined CPA]

nick – how did the SIM study go?

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[salring]

@Nick I had very few NFP but lots of gov't MQ's so I would say know you gov't inside out.

[OnMyWay732]

@Salring, I'm taking BEC in January…HOPEFULLY my last one (will find that out on 12/9)

AUD - July 2014 - 76
REG - August 2014 - 82
FAR - November 2014 - 78
BEC - January 2015 - 81

DONE!!!!

Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

"Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

[Author]

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