[Anonymous]

I am using Gleim. I don’t ever remember seeing this specific topic. Did you have it in your study guide? I think I read that this topic is on the blueprint..?!

[Adam]

What exactly are you reconciling with PPE?? I mean fixed assets generally just sit on the B/S. I mean Im a senior CPA and with tax and audit experience and dont really see how you can reconcile a fixed asset that doesnt have any accruals tied to it.

What are you reconciling? I mean usually you tie out cash or debt that has accrued interest..but fixed assets?

[xeikciv]

can someone please explain how we can solve these SIMS? Becker does not have any SIMS relating to reconciling sub ledgers with the general ledger?
Thank you

[Recked]

I'd assume depreciation, unless its the actual asset purchases themselves?

[ds34168]

I don't think any of the review courses has practice SIMS for reconciliation, but it is being tested on the actual exam SIMS. What I don't like it being on the actual exam is so much documentation to go through within 15-20 min, which is not realistic at all.

[Author]

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