Third reflective journal

In this module of introduction of accounting, I feel that this last few lectures are my weakness. Because it is hard for me to understand especially from lecture eight , nine and ten. The lecture eight is about merchandising operations, lecture nine is about merchandising inventory and the last is lecture ten is about financial analysis statement. For my final exams study, my friends and I are planning to study together during the study break or the one week before the final exams and this planning we make because we want to help each others in their weakness about some subjects that can make them fail and need to resit for the resit exams.

Second Reflective Journal

I feel that the mid-term test’s question is very difficult to do especially the calculation. Every question that related to the calculation in the journal entry or adjustment is very hard. And for the theory question, for me is fifty percent difficult and fifty percent hard. Because some of the theory question is a logic question, we must think or evaluate and in the book do not have the explanation. And for some others is basicly have the explanation in the lecture notes and textbook. But while doing the test, I already try my best to finish it on time.

Introduction to Accounting

In the first semester, I studied about what accounting actually is, how to calculate a profit or loss,how to make a proper balance sheet along with the trial balance, adjustment and also studied about how to make financial statement, what is depreciation about, what kind of account is the receivable. And in the future, the knowledge of accounting is a benefit for me. Because if I know something about accounting, I will know is it the company that I worked at is a good company or not, will they get profit or loss during a period of time.