I have a proctored test on Tuesday and have no idea what I’m doing. I’ve been reading the book but just not grasping the content and been having to resort to chegg to do well on the quizzes which I’ve been doing pretty good in. If anyone is/knows a good try tour please help a brother out.

bro you always ask for HW help on here and it never goes well

What is this intro to financial or cost accounting? I can help if I don't fall asleep in the next hour

No kidding

come on puma

edit

there u go

Holy s*** I didn't realize it was this much

My father is an accounting and I toke a couple of classes so I could answer in the am(literally almost 3 am)

Just drop out op

Yeah im actually an accounting student and graduate after these last two classes im finishing up over summer

im studying rn for my tax accounting exam i have proctored online tomorrow morning

lmk what you need help with though

I do get help most of the time just through pm. Ktt2 just be a Lowkey community Anyway it’s my first accounting and it’s financial

If you want to post the HW in here I can look at it whenever later

Well it’s late af rn but a lot tbh let me know if you down to text

Ok I did all the hw thanks to chegg just having trouble understanding the concepts will have to post tomorrow because it’s 2 am rn

I wish I’m so close to that business degree though

All these rules are so hard for me to remember. It’s not like math were s*** just makes sense.

Just remember whats an asset vs liability vs whats considered equity

intro to financial is easy

It’s hard man there’s all these equations left and right. And I’m using chegg for all the homework. I just need to get Ds or higher on the tests to pass but shots hard when you have to fill out multiple sheets plus awnser questions in a quick amount of time

Don't try to memorize the entry itself, try to remember that you debit/credit an asset/liability/equity account in general to increase or decrease it depending on what it is.

Remember how you treat the categories of A/L/E themselves, not that Account Rec. is a debit to increase and credit to decrease.

Example -

Cash is an asset, so you know it's gonna be a debit it if you're getting more of it since you debit an asset to increase it and credit to decrease.

The credit is gonna be revenue account or a liability for the loan you took out to get it. The judgement call of what the credit is gonna be the type of transaction the question asks. You don't need to memorize the journal entry of recording revenue or a liability because you already know that if you debit cash, you need to credit something in equal amount on the otherside, since JEs are two sided. The transaction makes it clear to know if its gonna be revenue or a loan.

bruh this s*** is intro financial accounting

lmao send me that s*** and i'd have it done with an explanation for you quick

yea it can be overwhelming at first but you get the hang of it quick

if this is your major though your gonna be in for a s*** time when u get to the harder upper division classes

Nah business is my major I hate accounting lol

Pm me your number

Dude i get most of that but I suck at labeling the most like that’s what gets me