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  1. W

    Economics, Accounting & Business: Post your doubts here!

    xactly.
  2. W

    Economics, Accounting & Business: Post your doubts here!

    First coming to proposed dividends, these dividends were paid in the next accounting period as they were proposed so from now onwards, the proposed dividends are said to be subtracted from the next year's accounting period and so are not to be recorded as a liability. Further info: It was done...
  3. W

    Economics, Accounting & Business: Post your doubts here!

    the old pattern conflicts with the IAS standard and so will not be acceptable proposed dividends from now onwards are not going to be treated and for the balance sheet, both formats are k i might be able to help and you have not posted the answer for that cash flow question you gave
  4. W

    Economics, Accounting & Business: Post your doubts here!

    dont use h.randall black book for cash flow statements, the format has been changed according to IAS 7, pls have a look at oct nov 11 p4, 10 p4. i m not sure either its is oct nov or may june
  5. W

    Economics, Accounting & Business: Post your doubts here!

    den pls provide the solution
  6. W

    Economics, Accounting & Business: Post your doubts here!

    mate from which paper is this, coz i think there is a mistake in the question in additional info, point no.6, it says there are $25,000 of patents were bought but does not states how many were sold for how much? i might have misinterpreted the question, do correct me if i m wrong
  7. W

    Economics, Accounting & Business: Post your doubts here!

    we add scrap value to the average investment then divide it and then add any working capital.
  8. W

    Economics, Accounting & Business: Post your doubts here!

    the markscheme is wrong on this question, i had asked this question to my teacher, he said the treatment in the markscheme was wrong, it is 880 not 660 units
  9. W

    Economics, Accounting & Business: Post your doubts here!

    according to info no.2: Monthly production of the units is equal to the following month’s sales plus 10% for stock. This means that the Production in July is equal to the next month sales, i.e. August sales + 10% of august sales stock, which is closing stock, we only need it to find out the...
  10. W

    Accounting Paper 12 .... how was it ?

    bro as it increased cash, the business could use it to buy in bulk quantities and receive substantial discounts increases short run profits
  11. W

    Economics, Accounting & Business: Post your doubts here!

    very unlikely
  12. W

    Economics, Accounting & Business: Post your doubts here!

    Limiting factor is any factor which limits the activities of the organization. The most common limiting factor / scarce resource is the sales volume because a company can not sell the entire product it manufactures. refer to h.randall pg 261
  13. W

    Economics, Accounting & Business: Post your doubts here!

    i forgot to mention limiting factor
  14. W

    Economics, Accounting & Business: Post your doubts here!

    i meant share price etc..
  15. W

    Economics, Accounting & Business: Post your doubts here!

    partnership, limited companies, suspense accounts, manufacturing accounts and absorption costing
  16. W

    Economics, Accounting & Business: Post your doubts here!

    sorry to disappoint, according to page 12 part D, sub division B, the retirement, admission and change in P & L ratio is there but dissolution is in A2
  17. W

    Economics, Accounting & Business: Post your doubts here!

    ya and the format is given in h.randall at pg 271
  18. W

    Economics, Accounting & Business: Post your doubts here!

    according to the syllabus, it stats that the students should know the basic format, dont know if it will be tested or not. Format is Income: Cash sales Debtors: 1 month 2 month Disbursements: Purchases Credit Purchases: 1 month 2 month other cash expenses Net cash add cash and cash...
  19. W

    Economics, Accounting & Business: Post your doubts here!

    budget is a future plan expressed in numerical terms similarly, cash budget is the future uses of cash in terms of expenses and receipts
  20. W

    Economics, Accounting & Business: Post your doubts here!

    cash budgets are part of the AS, pls check syllabus page 12, Part D, under the heading of financial accounting, right side para 2nd last line
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