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  1. R

    URGENT! ACCOUNTING PAPER 1 FOR JUNE 2005 Q 4

    Assalam o Allikum..!! Net debtors for 2003 wre 17100 this means 5% provision for doubtful that was already Subtracted from them so to find out how much provision was made in 2003 we have to add back the amount .. i.e 17100 *100 / 95 = 18000 18000 were debtor before provsion so provsion was made...
  2. R

    HELP IN ACCOUNTING JUNE 06 PAPER 1 Q29

    Assalam o allikum... Friend IN absorption costing for Cost of production we Include the following items Variable manufacturing overheads 74 Fixed Manufacturing overheads 80 prime costs...
  3. R

    VERY URGENT! PLEASE HELP IN ACCOUNTING QUESTION

    Assalam o allikum The Answer is simple .. As you can see which is the lower Cost .. firstly you have to subtract.. selling expense from realisable value.. Therefore.. Cost = 18 19 17 23 RV = 15 25 15 23 ( subtracted Selling expense from the RV ) Now add the...
  4. R

    JUNE 2007 ACCOUNTING PAPER 1 Q 16.URGENT.

    Assalam o allikum SO in the MCQ It will be ... For trading profit Years production was = 93500 percentage of stock closing = 20* so = 93500 *20% = 18700 THEN... For balance sheet we take Ending Stock.. So.. For this we first Takeout the 10% from the Cost of production as 93500 was 110%...
  5. R

    HOW WAS YOUR ACCOUNTS AS PAPER 2????

    dude you had to show maximum contribution of the business that was 215 combining all the 3 products contribution and subtract it from fixed cose 240. So the answer of a negative 25.. So the order shouldn't be opt.. cause product number 2 was giving negative contribution...!!
  6. R

    HOW WAS YOUR ACCOUNTS AS PAPER 2????

    Guys I also sat for the variant 2 paper ... I am too scared cause i messed up the whole Q 2 ... =( I so want an A ..... Khair answers batao if any of you remember...
  7. R

    As Level Accounting GUESS!!!

    Assalam o allikum, Fellow members, INSHALLAH i am going to appear for the oct/nov 2010 As Accouting paper. So, I was wondering that whether any of you have a guess for Accounts paper , If YES.. !!! then please don't hesitate to share.. Please someone could be aided by your post ... THANK YOU... =D
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