# Unit 5 progress test 1 Help!!!

Soph06
New MemberPosts:

**14**Registered
Hi

Could someone tell me the total figures for the trial balance for Kaplan progress test 1 John Risdon?

I can't for the life of me get the figures to balance and can't work out where i went wrong.

Please can someone put me out of my misery.

thanks in advance.

Could someone tell me the total figures for the trial balance for Kaplan progress test 1 John Risdon?

I can't for the life of me get the figures to balance and can't work out where i went wrong.

Please can someone put me out of my misery.

thanks in advance.

## Comments

17RegisteredI would like to help, but we are using the Osbourne Books for Intermediate Course, would it possible for you to upload the your exercise so that I can possible have a look at the same

14Registeredthanks for offering to help. This morning I managed to get the figures to balance somehow and posted my paper before looking at this post. Hopefully any feedback I will get from Kaplan would help me realise what mistakes I made.

It's good to know people are here to help.

8RegisteredI wonder if you could let me know the total figures. Mine seem to be out and I'm not sure what I'm doing wrong.

Thanks!

29RegisteredHi, I am also struggling with this unit, I have read and re read but things do not seem to be sinking in!!!

I have managed to get onto the progress test but fell at the first hurdle which was to work out the capital. Now I have seen the equation in the Kaplan book but now cannot find it for love nor money..

Please can anybody help??

Cheers Susie

8RegisteredI worked out the first question as capital= assets-liabilities.

I still can't get the trial balance right (it's out by nearly £4000!) but I have just given up and sent the progress test back because I can't see what I've done wrong. I thought I was understanding it ok until I did this test!

8Registered2,453RegisteredIf it is a straight line it means it's calculated via the percentage of the depreciation.

Say if the depreciation is 10% per year, the depreciation will be 10% of the original cost of the asset.

I hope this helps,

Cheers,

Rinske

8Registered19RegisteredI got mine to balance at 65,615 after some long hard checking.

**I don't know if this is correct!**

but here are the mistakes i found i had made (or almost made) going through the test- maybe they will help:

*did you include the bank balance as an asset in q1?

*did you use the correct stock balance in the trial balance? (read ch12 ETB)

*when you did the disposal account in 1.4, did you remember to take that provision out when doing task 1.6?

*did you (re)calculate the capital correctly before writing out the trial balance?

8RegisteredNow I'm stuck on progress test2!