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Leaving Cert Accounting

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  • 02-08-2015 4:19pm
    #1
    DubStudent365
    Registered Users Posts: 12 ✭


    Hi there I'm going into 5th yr this September and choose accounting as one of my choice subjects. After talking with the accounting teacher I was fairly positive she said there was no double entry book keeping in the exams however I seem to see it in the books so I'm wondering is it that you can avoide the double entry book keeping questions?


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    #2
    B787RW
    Registered Users Posts: 12 ✭B787RW


    Hi,

    In Leaving Cert Accounting there is no question that appears on the paper that asks you to post entries to the ledger or enter transactions into any day books (like Q1 Paper 2, in Junior Business Studies)

    However you have to use the principles of double entry as it appears in some questions (Q1, Suspense accounts, incomplete records and more) but you do not have to record these in the way that you did in Q1 that appears on the JC, you just have to understand the concept of double entry and the accounts that it may affect and adjust them accordingly.


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    #3
    DubStudent365
    Registered Users Posts: 12 ✭DubStudent365


    B787RW wrote: »
    Hi,

    In Leaving Cert Accounting there is no question that appears on the paper that asks you to post entries to the ledger or enter transactions into any day books (like Q1 Paper 2, in Junior Business Studies)

    However you have to use the principles of double entry as it appears in some questions (Q1, Suspense accounts, incomplete records and more) but you do not have to record these in the way that you did in Q1 that appears on the JC, you just have to understand the concept of double entry and the accounts that it may affect and adjust them accordingly.

    Thanks so much for clearing it up for me! I avoided them after learning them in 3rd year because I found I spent too much time with the questions. Good to know I just have to brush up on my understanding.


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    #4
    Jason_H
    Registered Users Posts: 21 ✭Jason_H


    I didn't do business for the Junior Cert, still have no clue what double entry even is, but managed Bs/As all the way through in accounting.

    It's the same questions every year, just with different numbers. I learnt what to do, but I have no idea why. It's a huge pity that the subject works like that, but it worked to my favour so I can't complain.


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