Economics, Accounting & Business: Post your doubts here!

[Esme]

Please tell me how the depreciation of machinery has been calculated in Q1.
http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_w11_qp_23.pdf
Mark scheme : http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_w11_ms_23.pdf

i was calculating it like this:
147000-4000+12000-145000+8800.
correct me plz.

 

[Mad Gal]

Please tell me how the depreciation of machinery has been calculated in Q1.
http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w11_qp_23.pdf
Mark scheme : http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w11_ms_23.pdf

i was calculating it like this:
147000-4000+12000-145000+8800.
correct me plz.

This was how i did it,
147000-4000+12000-145000 = 10000
4000 = NBV of the machinery that was sold.
Theres no other adjustment to be done!

 

[urvesh]

PLEASE could someone explain 3 a (i) and (ii) to me?? A little explanation on how to go about creating a profit statement for marginal and absorption, what is the main difference!!!

http://www.xtremepapers.com/papers/... AS Level/Accounting (9706)/9706_w05_qp_2.pdf

A full explanation is appreciated!

 

[saimaiftikhar92]

Looks like you just lost a mark dude. I hope you don't mess up your paper 2 like this, get your concepts clear.

THANKS DUDE.... I WILL

 

[saimaiftikhar92]

Looks like you just lost a mark dude. I hope you don't mess up your paper 2 like this, get your concepts clear.

how many did you get wrong?

 

[urvesh]

how many did you get wrong?

According to my knowledge about 3-4

 

[saimaiftikhar92]

According to my knowledge about 3-4

any expectations about tommorow's paper?

 

[urvesh]

any expectations about tommorow's paper?

Gonna be easy dude, the lastest papers (2011) are pretty easy

 

[starlight123]

http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_w10_qp_21.pdf
can anybdy pls solve the 1st question part a nnd b

 

[urvesh]

PLEASE could someone explain 3 a (i) and (ii) to me?? A little explanation on how to go about creating a profit statement for marginal and absorption, what is the main difference!!!

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w05_qp_2.pdf

A full explanation is appreciated!

BUMP!!

 

[sana1421]

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w10_qp_21.pdf
can anybdy pls solve the 1st question part a nnd b

this would be done through the sales ledger control account and purchases ledger control account

 

[fahadzaidi96]

.
I would be waiting for the question paper....

I got the paper ill put a video on youtube with all correct ans with relevant explanation just wait till sunday

Please do so I will be waiting for your question paper...Hey wait are you shahmir fahim from nixor?

 

[starlight123]

this would be done through the sales ledger control account and purchases ledger control account

yh bt wat abt the cash sales n all is it possible if u cud calculate for me :/

 

[Somia uddin]

may/june 2003 paper 2 accounts Q3 how to calculte direct material labour and vriable overhead

 

[urvesh]

http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_s10_qp_23.pdf

ONE OF THE WEIRDEST QUESTIONS EVERRRRR! Q3A (i) and (ii) and B too!!

PLEASE HELP!!!!!!!

 

[shanky631]

Is markscheme for accounts october 2002 wrong?

 

[shanky631]

why have the taken purchases as 119000 in Q1.

 

[Anusuya]

What are the entries for bad debt recovered acc??

 

[WaleedUQ]

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s10_qp_23.pdf

ONE OF THE WEIRDEST QUESTIONS EVERRRRR! Q3A (i) and (ii) and B too!!

PLEASE HELP!!!!!!!

the ans for 1 is 225000 units.
400x + 8m = 240x + 44m
find X x is no. of units :S
it was easy bhai :S

 

[WaleedUQ]

the ans for 1 is 225000 units.
400x + 8m = 240x + 44m
find X x is no. of units :S
it was easy bhai :S

B ans
x240-44m = 300x -87.2m
x = 720 000