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  1. P

    9706....AS/A level Accounting Post ur doubts here...!

    Bonus issue doesnt bring any cash inflow or outflow ... rather rights issue does affect the cash flows at 31 dec'04 after bonus issue the total shareholder's equity should remain same i.e, 150 but it increased to ( 130+80 = 210) till the end of 31 dec'05. the increase in cash would hace been 210...
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    9706....AS/A level Accounting Post ur doubts here...!

    if you see on the y-axis it's fixed cost/unit ... which decrease as fixed dont increase with output, but with increase in output they are spread out more, thus fixed cost per unit decreases as output/production increases for e.g at 2 units fixed cost is 10 ( per unit = 10/2 = $5) at 5 units...
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    9706....AS/A level Accounting Post ur doubts here...!

    which part?
  4. P

    9706....AS/A level Accounting Post ur doubts here...!

    (a) (iv) Direct Materials usage variance = (Standard Qty - Actual Qty) * (Standard price/kg) First we will flex the Direct materials (28600/22000) * 21400 = 27820 kg DM usage variance = ( 27820 - 28400) * 2 = $1160 (Adverse) vi) Total DM variance = (27820 * 2) - (28400 * 2.05) = $2580...
  5. P

    9706....AS/A level Accounting Post ur doubts here...!

    Purchases are done 1 month before sale and are paid 2 months after purchase (that means that they are paid 1 month after the sale) This means purchases for September sales were conducted in august and paid for in October (Aug>Sep>Oct) G.Profit:Sales (1:3) Purchase cost: Sales (2:3) as...
  6. P

    Mathematics: Post your doubts here!

    plz tell me if my ans. is correct:
  7. P

    Economics, Accounting & Business: Post your doubts here!

    15. Value of the Opening stock = $0 Value of Purchases = (3 x 200) + (3 x 250) = 600 + 750 = $1350 Value of Sales = 4 x 400 = $1600 Value of FIFO closing stock = 6 purchased - 4sold = 2 left last price of purchase = $250 value of closing stock = 250 * 2 = $500 Sales : 1600 Less:Cost of...
  8. P

    Economics, Accounting & Business: Post your doubts here!

    1. Total of realised value = ( $65000 + $23000 - $14000 ) - ( $50000 + $25000 - $18000) - $1000 = 74000 - 58000 = $16000. Each partner entitled to 16000 / 2 = $8000 so the ans is B.
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    why aint u on fb??

    why aint u on fb??
  10. P

    Accounting doubts & Queries

    Ans. As shares not issued at premium previously, nor is there a new issue of shares sharepremium will remain $80000. The premium will be charged to Retained earning of (0.15*(50000/0.5)) = $15000 Because redemption is not covered by issue of new shares, CRR will created of the nominal value...
  11. P

    Economics, Accounting & Business: Post your doubts here!

    multiply by selling price not divide.
  12. P

    9706....AS/A level Accounting Post ur doubts here...!

    Statement of cash flows for the Year 2: Operating activity $ Profit from operations 880000 Non cash adjustments: Depreciation 62000 Loss/(profit) on disposal...
  13. P

    9706....AS/A level Accounting Post ur doubts here...!

    Nominal value of an ordinary share = $1 Proceeds of $120000 include nominal and premium value. (Let the value of share issued be Y) 120000 = Y * number of shares (as proceeds equal issue price * number of shares) Number of shares * 1.00 = 2500 (as we will take new dividend and dividend is...
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    Help for Math Past Paper May 2001

    for various subjects from before 2001 and 1999 etc https://thol.sunway.edu.my/examdbase/alv/alevel.htm
  15. P

    9706....AS/A level Accounting Post ur doubts here...!

    Realised Profit on Cost of manufacturing = $240000 * 20% = $48000 Unrealised Profit / (loss) on closing inventory = (20/120) * 54000 = (9000) Unrealised Profit / (loss) on opening imventory = 40000 * 20% = 8000 (this is b'coz opening inventory is not at cost plus profit) Factory Profit =...
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    9706....AS/A level Accounting Post ur doubts here...!

    Examiner report says that balance sheet shows an issue of shares and premium is charged of 25% ie, (15000/60000)*100 = 25% so share premium must be debited for premium. Strange that CIE didnt give complete explanation of items
  17. P

    9706....AS/A level Accounting Post ur doubts here...!

  18. P

    9706....AS/A level Accounting Post ur doubts here...!

    Mark scheme has made a mistake.
  19. P

    Economics, Accounting & Business: Post your doubts here!

    Breakeven = (Fixed costs/Contribution per unit) * Sales price per unit or Breakeven = fixedcosts/(C/S ratio)
  20. P

    AICT praticals 2014 Lahore

    if u receive it tell me...do u know when will we get our venue details and SOE...and how?/
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