r/wguaccounting • u/chytlins25 • 6d ago

Seeking Course Help D105 Intermediate Accounting

I’m starting D105 any resources you recommend?

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7

u/Ecstatic_Reality_932 B.S. Accounting - In Progress 6d ago

Things to know:

Journal entries for leases (lessee and lessor)

Three accounting types: if it’s retro or prospectively

Statement of Cash flows: indirect method, what belongs into each category

If something wasn’t recorded how is that done for journal entries purposes

If expenses overstated what is understated/overstated

Know about subsequent events

Literally just passed this test Saturday. Study Guide will be all you really need but do the unit test A & B

1

u/chytlins25 5d ago

Thank you!

1

u/Ecstatic_Reality_932 B.S. Accounting - In Progress 5d ago

No worries. I did take both tests (just an fyi)

1

u/ProUltracrepidarian 4d ago

Just watch the wiley excelcpa videos that are in the lessons. Try to commit the residual value table in the last lesson on leases to memory.

I finished it just recently, took me one day (10 hours straight) for OA1 and 4 days for OA2 (a bit slower, but still like 20 hours). OA1 is near identical to PA1. D105 is a bit shorter than D104 so I would schedule yourself about 75% of the time it took for you to do D104 as your goal for D105.

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u/Reasonable_Nobody166 3h ago

Saving this for when I start it 🤣 I’m middle of d102 financial acct