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  1. S

    Commerce Paper 2 Discussion

    Problems of importing: 1. alot of documentation is required e.g. counciler invoice, bill of laden, etc. 2. the products might get damaged 3. the packing would temper as the customs might check each bicyle 4. taxes might have to be paid which would in result raise prices of bicyle 5. standards...
  2. S

    Commerce Paper 2 Discussion

    I wrote the interest would be zero because he made the payment before the due date. And if payments are made within time no interest is applicable. Risks of using Credit Cards: fraudlent transactions. misuse of information over committment due to over purchasing and interst payments
  3. S

    Commerce Paper 2 Discussion

    the paper was nice.. but suprisingly i spent whole two hours to do it. i did 1,3,4,6 just dont get the part that was Vunjay Singh a sole trader or just a small business owner.?? :S
  4. S

    Commerce

    hahah... what else do you want to do?
  5. S

    format of paper COMMERCE??

    nooOOooo!!! i hate answer sheets.....
  6. S

    format of paper COMMERCE??

    hey.. whats the format of the paper?? will we be writing the answers on answers sheets ya space on question paper??
  7. S

    Help in Economics question for June 2005 Paper 2

    in part a. you need to mention the functions of money. i.e. 1. store of wealth. 2. means of deffered payments, 3. measure of value. 4. medium of exchange. in part b. it was to be your opinion based on the arguments you put forward. a answer would have included the backdraws of domestic...
  8. S

    A level Accounting

    you should probably be checking the marking scheme of the relatively same type of questions. they have given marks breakup and according the answers are awarded marks. In my guess, i guess only 1 or 2 marks are lost because what is checked is your approach and knowledge which you have shown...
  9. S

    MCQ's of Economics (HELP)

    Re: MCQ for Economics June 2007 Paper 3 Question 9 it is $10,000 because it is fixed and has to be paid whether the business operates or it doesn't. fixed costs are the expenses incurred irrespective of the output and business operations. examples include; rent and rates, fixed salaries to...
  10. S

    MCQ's of Economics (HELP)

    Re: MCQ for Economics Nov 2008 Paper 3 Question 16 injections = investment + export + govt. expenditure leakages = taxation + imports + saving where; leakages = injections thats your answer. correct answer B i.e. $800
  11. S

    Commerce

    dude.. better be revising the quick notes aswell.. will give you review of whole syllabus.. good luck!!
  12. S

    principles of account paper 1&2

    ahan. In Appropriation A/c, i guess we had to add all the dividends which were for preference interm paid- $5000 final - $3000 ordinary (.025x whatever was the amount of shares): xxxx add profit for the year after appropriation: xxxxxxx add the retained profit c/d: xxxxxx net profit retained...
  13. S

    principles of account paper 1&2

    hey.. papers were good. paper 1 was a wee bit tricky but paper2 went quite nice. I made stupid mistakes, balace sheet didnt balance with just $750... :( I also made a mistake in the appropritation account where I cancelled out the retained profit from the previous year.. urgh! I had done it...
  14. S

    ECF marks in 7110

    Dude, the value of $1620 was to be included in the purchases and creditors but not closing stock. Where esle, i did include it in closing stock as well.. By the way, i've realised the mistake. The journal entry for credit purchases should have been made in rough. that shows it all. Debit...
  15. S

    ECF marks in 7110

    so is it applicable in accounts paper?? and i am talking with reference to the question i mentioned earlier..
  16. S

    COMMERCE PROBLEM

    Guys, bottom line is that it is recommended that by this time the book should be finished and concepts well understood. In the last few days, before the exam, one should emphasize on practising the papers and moulding oneself in presenting answers to questions in the best and most appropriate...
  17. S

    ECF marks in 7110

    do you know what is error carried forward?
  18. S

    ECF marks in 7110

    do we get marks of error carried forward in principles of Accounts. To be precise i attempted oct/07/p2/q6 where i messed up in purchases and closing stock values. Both these affected the balance sheet and profit and loss and appropriation account. Suprisingly though, my balance sheet balanced...
  19. S

    statistics discussion

    oh that was a great help dude!!!
  20. S

    statistics discussion

    the provisional results that were published for May/June 2010 session clearly indicated the percentage(s) against the grades.
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