[palal9923]

I am only intpo chapter 4, but there are what seems like a million different journal entries ( mainly inter company journal entries)… I understand the concepts but would not be able to write a journal entry if I had to.

Do you guys think this is something I should try and memorize?

[WhyEvenTry]

What's your product and what's your exam?

I am assuming Becker and FAR.

Either case, I would never suggest “memorizing” the JEs. I would recommend understanding the JEs.

BEC - 71, 74, 77 (Feb - 2011)
FAR - 73, 78 (Feb - 2011)
REG - 83 (Nov 2010)
AUD - 71, 84 (May 2011) - Done!! CPA licensed in TX (July 2011)

[jimboace88]

I think Becker did a very bad job with the intercompany transactions piece of it. If you have any textbooks and/or notes from having covered that in college, I would recommend looking them over for that part.

Otherwise, I agree with WhyEvenTry–memorizing will only get you so far, but if you can understand the concepts then the journal entries will flow naturally from that understanding.

FAR 07/27/11 - 87
AUD 10/01/11 - 85
BEC 11/15/11 - 87
REG 01/03/12 - 92

[Author]

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