Unisa FAC1601 - Notes on Property, Plant and Equipment
***[Click HERE] to get the FAC1601 Mastery Course
http://keithmoletsane.wixsite.com/fac...
Learn how to prepare notes in respect to property, plant and equipment by using the Three 3-step formula. This question is taken from the Unisa FAC1601 May/June 2011 Exam Paper. By using my Three 3-Stap Formula you will be able to PASS Unisa FAC1601 Exam with Over 60% this Semester
The purpose of this video is to explain the Three 3-Step Formula which will help you PASS FAC1601 by over 60%.
***[Click HERE] to get the FAC1601 Mastery Course
http://keithmoletsane.wixsite.com/fac...
Well ... Passing Accounting it is SUPER easy ...
All you have to do is master three 3-things and you will be amazed how easy it is to pass
The Three 3-things are ....
1. Always show your workings and Reference them correctly
2. Memorize the Layouts
3. Plug in the values in the layouts
From this video you will learn how to apply the Three 3-Step Formula
1. Always show your workings and Reference them correctly
You see most students feel the need to get all the answers correct ...
This thinking alone is responsible for the FAILING of up to 75% of the students ....
Not only is this thinking FALSE but it is very expensive
The examiners don't care about the correct answer but how you arrived to the correct answer ... If you make a mistake they will mark with your mistake and you will lose very few marks ... given that you have referenced your work correctly ...
this advice alone must help you collect up to 60% even when you answers are incorrect
2. Memorize the Layouts
You should know the layouts of
Statement of Profit or Loss and Other Comprehensive Income
Financial Position
Changes in Equity
Notes for property, plant and equipment
Statement of Cash Flows
And much much more ...
Accounting becomes super easy if you know the layouts
3. Plug in the values in the layouts
What works best is that you must have blank layouts and use them first ...
then once you are comfortable with the calculations, referencing correctly and plugging-in the values in the layouts ...
you will naturally find that you have memorized the layouts ...
you can at that point stop using the blank layout ...
at this point you can't help it but love doing accounting ...
We are going to show you how to plug in the values in the layout
***[Click HERE] to get the FAC1601 Mastery Course
http://keithmoletsane.wixsite.com/fac...