Journal Entries for FAR

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  • #161364
    ak311
    Participant

    I’m almost through all the FAR material. I have heard that knowing the journal entries are important, which ones from which chapter should I know, which are the most important for me to commit to memory?

    FAR - F (2011), 5/16
    AUD - F(2011)
    BEC -
    REG -

    2nd attempt at this thing. Time to get serious.

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  • #293061
    yankeeaccountant
    Participant

    I would be aware of the entries for percentage of completion, bond issuance, bond retirements, and leases just to name a few! Maybe I would add in there the different inventory menthods: perpetual and periodic .

    Just my .02

    Best of luck with FAR!

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