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Originally Posted by rsdplaya
ya know, while taking entry level and intermediate accounting classes are important for building a knowledge base, seems like i've taken more out of both tax and audit classes, and i just started the classes a month ago. if you're going for public accounting, you'll be doing one of those...just seems like i'm learning more that i will retain.
^^ YOU are correct. It's debits on the left, debits on the right. It does make a difference and y'all need to step up your accountinggame...pm me with question if you want. Happy to help fellow NTers. I'm a senior in accy at U of I (Champaign-Urbana)Originally Posted by mjbetch
WHAT?! my proff is saying that DEBIT on the LEFT side... and CREDIT on the RIGHT side.. doesn't make that much of a difference does it tho?Originally Posted by chris steez
this is EXACTLY what the test was on...and i was killing every question, walked out thinking i got atleast a 90Originally Posted by RUTHE1
I got my first exam on tuesday. I'm about to study up, basically the intro from what I grasp is Assets=Liabilities+Owners Equity. Debits right side, Credits left side. Journal Entries, T accounts, ledgers, and accruals and deferrals.
and OP, which community college are you at? cuz i'm at one too haha. same exact boat as you.
Originally Posted by JCASH DA KID
Originally Posted by rsdplaya
ya know, while taking entry level and intermediate accounting classes are important for building a knowledge base, seems like i've taken more out of both tax and audit classes, and i just started the classes a month ago. if you're going for public accounting, you'll be doing one of those...just seems like i'm learning more that i will retain.
You doing 5 year or 4 year program??? I can't wait to take audit even though I have to take it in the spring of my senior year with the hardest professor on campus. I'm taking corporate taxation and tax is really fun but alot of rules to remember
I'll go with work harder, my major isn't accounting...its business admin.Originally Posted by mr5dollarfootlong
if you having trouble grasping the basic stuff, it's time to work harder or consider switching major
How are your tax exams??Originally Posted by rsdplaya
Originally Posted by JCASH DA KID
Originally Posted by rsdplaya
ya know, while taking entry level and intermediate accounting classes are important for building a knowledge base, seems like i've taken more out of both tax and audit classes, and i just started the classes a month ago. if you're going for public accounting, you'll be doing one of those...just seems like i'm learning more that i will retain.
You doing 5 year or 4 year program??? I can't wait to take audit even though I have to take it in the spring of my senior year with the hardest professor on campus. I'm taking corporate taxation and tax is really fun but alot of rules to remember
i actually switched to a finance major. i just can't really see myself doing accounting for the rest of my life. i might pick up a degree in accounting anyway, since there is so much overlay in the 2 programs. tax is actually pretty decent...best accounting class i've taken thus far.
Originally Posted by jrp44
How are your tax exams??Originally Posted by rsdplaya
Originally Posted by JCASH DA KID
Originally Posted by rsdplaya
ya know, while taking entry level and intermediate accounting classes are important for building a knowledge base, seems like i've taken more out of both tax and audit classes, and i just started the classes a month ago. if you're going for public accounting, you'll be doing one of those...just seems like i'm learning more that i will retain.
You doing 5 year or 4 year program??? I can't wait to take audit even though I have to take it in the spring of my senior year with the hardest professor on campus. I'm taking corporate taxation and tax is really fun but alot of rules to remember
i actually switched to a finance major. i just can't really see myself doing accounting for the rest of my life. i might pick up a degree in accounting anyway, since there is so much overlay in the 2 programs. tax is actually pretty decent...best accounting class i've taken thus far.
In my tax 1 and tax 2 classes we had the same professor...He would give us a in class MC test open book....Then he would give us a take home part over the weekend....I never wanted to quit accounting more then when i had those tests...It was like 4 word problems he made up and we had to research everything and write letters to the clients in the problems.....For the Tax 1 final no lie one problem was 3 pages front and back of information... It literally took me a total of about 17 hours to do all the research figure everything out and write the letters.....So we had to figure out the amount due or refunded for the family....The day we had to turn it it, no one got the same number and it ranged from them owing $24,500 - them getting a refund of $16,000....everyone was
Originally Posted by JCASH DA KID
Originally Posted by jrp44
Damn I wish I was back in the intro level days....you guys think that stuff is hard
If you guys had to take Advanced accounting
Deadset, Trill, Lazy know what I'm taking about.
Son I'm taking advanced accounting now. Grad level. Business Consolidations and combinations. MIND=BLOWN. Equity Method, Translation, Remeasurement and Hedging. FML test on tuesday.
Try again. You can't get your Bachelor's degree in a CC. An AA is not the same as a BA or BS.Originally Posted by DB WEST
Community Colleges are great. I hate people who try to act holier than thou because they attend some big name University. A degree is a degree. You have to do the reading though it helps so much in college.
Originally Posted by westcoastsfinest
word...thats why i switched my major