The one we usually use for company accounts!
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Accounting P42 POLL (+Discussion after 24hrs)
- Thread starter WayneRooney10
- Start date
The one we usually use for company accounts!
yes i believe everyone around the world should suffer in the exam of accounting paper 42 just as we did, otherwise it will be unfair for us. Plus the grade boundary will also not fall which will surround us as losers.
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78-85 would be an A in P42.
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Did anyone get 757 for the 3 months unappropriated profit in Q2?
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what was the value per ordinary share after scheme of capital reduction? i got 480/1200=0.4 ,and what was the example for non adjusting event? i gave the investments thing, and what were the three items that are to be included in Director's report? i gave goodwill, impairment and fall in nominal value of shares
R u sure cuz i want an A really badly....
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Given the difficulty of the paper, the gt for an A will be very low. Scoring around 80 gives you very good chances of scoring an A.
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I got 530 ....
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Yes i got the same
Ans a) was 0.65
B) capital reduction by 300K
C) net assets is 480K
D) 0.4
E) theory
F) theory ... See the IAS booklet for the answer you will gt iitt
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Was it not capital reduction by 720k?
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:/ Did you debit the bad debt in the capital accounts?
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Oh please...i was the genius there
Maybe in Economics. Not in Accounting. Just no
And I don't think we should post here anymore, we'd anger those who are trying to discuss their paper
Maybe in Economics. Not in Accounting. Just no
And I don't think we should post here anymore, we'd anger those who are trying to discuss their paper
Oh please
Rutzaba: she is my witness
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- 160
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For jan nd feb i think i got 5050 and 5300 respectively and for march and april i did 5500 in both .... And then multiply by the purchase price accordingly... I dnt think its correct but was totally unconfident for tht part of the question.
Dor trade receivables budget it was easy onli... No confusion.. Jan around 35520 then Feb 48500 march 49960 april 50192
And for trade payables we will get OF marks onli sooo ....
Balance sheet of April
CA will be 55100 (100 % sure )
CL 5500*4.2= 23100 ( as per you figure in part A) hence OF marks here too will be given as per the MS...
For part C)
I have a doubt... (i) i jus did the debtors figure 55100 less the given var costs and fixed costs.. I think it was around 13500 and divided it by the debtors figure.. And hence got 24.50% ...
(ii) (100- 24.5)* selling price = X it was 7. Something
(iii) i left...
But some of my classmates did 13500/VC *100.. One friend told he got in 50s...
Dor trade receivables budget it was easy onli... No confusion.. Jan around 35520 then Feb 48500 march 49960 april 50192
And for trade payables we will get OF marks onli sooo ....
Balance sheet of April
CA will be 55100 (100 % sure )
CL 5500*4.2= 23100 ( as per you figure in part A) hence OF marks here too will be given as per the MS...
For part C)
I have a doubt... (i) i jus did the debtors figure 55100 less the given var costs and fixed costs.. I think it was around 13500 and divided it by the debtors figure.. And hence got 24.50% ...
(ii) (100- 24.5)* selling price = X it was 7. Something
(iii) i left...
But some of my classmates did 13500/VC *100.. One friend told he got in 50s...