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    XtremePapers Contest 2010 - 2011!

    KINETIC PARTICLE THEORY ,CHEMISTRY O LEVEL NOTES... ---ADMIN EDIT--- Submission declined. Reason: Non-editable format.
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    ACCOUNTING MCQ!!!!!!!!!! ARGHH!!!

    yeah..........kabir is correct............!!!
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    ACCOUNTING MCQ!!!!!!!!!! ARGHH!!!

    first three options affect both sides of the trial balance...........which you may try doing.... the last option would understate the debit side as monthly total purchases are not entered and you have already credited the account of creditors.. which will overstate the credit...
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    MCQ O-Level Principle of account for Nov 04

    1st year depreciation= 25000 x 20% =5000 2nd year depr. = (25000-5000) x 20%= 4000 Ttl depr. = 9000 net book value of machine= 25000 -9000 = "16000" machine sold for "$12000", compare both values and the loss on disposal is of 4000.
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    MCQ O-LEVEL Principle of accounts forjune 03

    GP= sales - cost of sales GP/COS =1/4 or 25/100......so GP/sales becomes 1/5 or 20/100 GP is 20% of sales, then GP = 189000 x 1/5 GP = $37800
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