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  1. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Anushya ans is A it is because the option said they 1) 2) they might suffer bad debts 3) subscription received is credited to income and exp Acc.. as a INCOME 1) They may have a trading account. Secondly subscription received is not credited to income and expenditure account directly...
  2. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Marginal costing may be defined as the technique of presenting cost data wherein variable costs and fixed costs are shown separately for managerial decision-making. It should be clearly understood that marginal costing is not a method of costing like process costing or job costing. Rather it is...
  3. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Well guys i think we need to clear some thoughts! most of you are arguing over Q1 ans The question was asking that, what is a Credit entry in books of account I heard candidates saying It wasn't return outwards it was carriage outwards or inwards it was not C it was B Well just to make your mind...
  4. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    I just need justification from you. I dont care what your teacher is bro Just tell me HOW ABSORPTION COSTING HOW! :P reason tou bataya hoga na teacher ney? tumharey sir Zahid Surti tou nahi ? moo kay fire hain woh
  5. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    acutally they were asking it for 6months not a whole yar :) we had to split the cost !
  6. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Yea im not sure about b.r.s one. Secondly it was marginal marginal go google and then ask with a SOLID defending STATEMENT! secondly it was asking about credit balance not a debit balance my friend. secondly do you even know about accruals conecept? GP was increased but ROCE was decreased for...
  7. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    the best way to value your stock is marginal costing. Secondly have you limiting factors we always use contribution to rank the products. its was marginal marginal. you can google about what's is the best way to value stock ; marginal costing the reason is Marginal costing consists only variable...
  8. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    create partnership captial account in 2 columns Partner | A | | B |
  9. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    lol kuch nahi hotta hai :P Yaar first is right google karlo tum dobara dont go for mark scheme they have wrong ans too... google pay you'll find a right ans. I think B is right for B.R.S do it again
  10. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    90percent of them are right
  11. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Sana BUDGETS includes purchase production and sale budget. im talking about cash budgets just like cash book
  12. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    so? who's talking about months bhai :S net profit don't comes out monthly yaar..acha you are right im wrong happy :P i agree with you b.r.s might be wrong im not sure, watch my previous said im not sure with 2 mcqs i was getting A and B i ticked B khair you might be wrong secondly mark scheme's...
  13. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    nahi i studied A.S accounts from him last year he's a great teacher. His book helped me alot in mcqs.. A2 account khud phar raha hun. i find it more easy as compared to As accounting
  14. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    Eco a2 maths p3 s2 and accounts excel !
  15. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    nahi im private now, i was low on attendance didnt met 90% got my foot fractured so it was like 86% yea i know him, he's from beacon right ?
  16. WaleedUQ

    Economics, Accounting & Business: Post your doubts here!

    i have variant 12 too. secondly just want to tell you that Partnership admission and retirement ( the most difficult topic in A2 thats what i think ) limiting factors ( A2) cash budgets ( A2) all of them are now in As!
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