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  1. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    not sure.. like you said, cant remember all the questions
  2. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    MY work here is done LOL :P
  3. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    yea it was.
  4. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    So you put transposition?
  5. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    Basically everything.. :/
  6. :: A^

    total of all the present values for the period

    total of all the present values for the period
  7. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    current current
  8. :: A^

    present value is the value of the cash flow after multiplying it by the discount factor for the...

    present value is the value of the cash flow after multiplying it by the discount factor for the year.
  9. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    lol. You seriously need to calm down..
  10. :: A^

    Economics, Accounting & Business: Post your doubts here!

    Whats the format for reconciliation of net cash movement to net debt?
  11. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    It wasnt share of residual profits either. My teacher told we have to add unless they say residual profits.
  12. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    yes we should add
  13. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    What if the question was What would not prevent a trial balance from balancing, and ALL of us misinterpreted it.. Mind=Blown!
  14. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    Yes it is D B
  15. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    Transposition error while extracting the trial balance. not in the entry itself.
  16. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    850 entered as 805 like that.
  17. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    Dep charge higher than cost purchased. Was C i think. Yes. Can be, but my point on that was, what if discount allowed had been entered on the debit side of the DR account? They haveent mentioned any sides so cant jump into any conclusions. Not saying its wrong, but.. ah.. idk.. Any idea why...
  18. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    The correct answer was that leasehold assets. What did you put?
  19. :: A^

    Accounting Paper 22 - Discussions after 24 hours

    Its Sri Lankan slang for awesome.. Though the literal meaning is cow milk :p Sinhala is a funny language :p
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