hi friends, i am new to this forum, i've just registered and since i've browsing it through iv'e found a lots of knowledge.
i'm a mem.of icb,passed all my manual exams and level 2 comp.but on tuesday received my level 3 exam paper to be submitted on 16/11/09.
pls has anyone done their exams on level 3 comp.if so was it maclay&sons,if so pls can u tell me the software u used,b/c i'm having a little problem with my sage instant a/c,it does not contain the fixed assets or could anyone tell me how to work on the scheule of fixed assets and equipments pls
i need a help on how to work on this qustion. is on partnership agreement, is states that their int.pai on capital is 5% per annum to the partner a/c on a monthly basis. an the partner also has a salary of 24k/annum paid mthly an the date is 31 july
lastly,compute the gain or loss on the disposal of the fixe assets & post to the appropriate a/cs,how do i solve it.
it may sound crazy for the first time asking so much help,ps i need to submit on i6th ,so i need help thanks
Sorry to read that you are having problems with the Level 3 Computerised examination paper but I am unsure if you should really be asking for help in answering your questions in this forum!
As far as the software is concerned I suggest you contact ICB - I think Sage Instant Accounts should be OK to use. If the program does not have the fixed assets (0001-0999) you want just add them in or replace the existing ones.