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  1. S

    Accounts paper 4 (discussion)

    Yes exactly. So we had to calculate goodwill on this equal share of profit basis as well
  2. S

    Accounts paper 4 (discussion)

    yup, did it that way only. answers were 61000, 40000 and the 3rd i cant remember....i think it was 37500 or 5 31500
  3. S

    Accounts paper 4 (discussion)

    That was a mistake done by the partner. When we made the corrected current accounts, we distributed profits equally. The same we had to do for goodwill. The partnership act of 1980 was to be followed, as th question stated
  4. S

    Accounts paper 4 (discussion)

    Nopes. There was no partnership agreement. So we had to divide goodwill equally. Had to credit each partner by 4000. And then debit the 2 remaining partners with 6000 each
  5. S

    Accounts paper 4 (discussion)

    It was good
  6. S

    A2 ECONOMICS: Guess Paper-4

    Tell that gdp can be adjusted for inflation using the deflator which will then give us the real gdp. To further make the real gdp accurate for comparisons for standard of living, it should be adjusted for the population. Hence, Real GDP per capita is calculated. Then you say talk about the...
  7. S

    A-Levels Accounting P4 problem!!!

    (234000/1.3) = 180,000 Therefore, total no. of shares is 180,000 Amandeep = 30% x 180,000 = 54000 Bruce 10% x 180,000 = 18000 Chetan 20% x 180,000 = 36000 Gurpreet 20% x 180,000 = 36000 Hibo 20% x 180,000 = 36000
  8. S

    A2 ECONOMICS: Guess Paper-4

    Thank you, sir :)
  9. S

    A2 ECONOMICS: Guess Paper-4

    Discuss GDP. Definition and formula (C+I+G+(X-M)). Then write a bit about Real GDP per capita that it takes into concern inflation as well as population. However some serious problems underlie. Problems with measuring gdp: 1. non marketed items 2. underground/hidden economy 3. public sector...
  10. S

    A2 ECONOMICS: Guess Paper-4

    a) Investment is described as acquisition of capital goods designed to provide us with consumer goods and services in the future. Several factors influence how much businesses are prepared to commit to investment projects: Interest rates affect the cost of borrowing money to finance...
  11. S

    A2 ECONOMICS: Guess Paper-4

    Any guesses for essay questions for Econ p4?
  12. S

    Accounting Paper 22 - Discussion

    All the best, everyone!
  13. S

    Accounting Paper 12 .... how was it ?

    No. The cash injection would not increase the short run profits. We cant increase production so quickly! And about the debenture interest, it'll be added to the expenses of the business hence decreasing short run profits. I think this was a repeated question btw.
  14. S

    Accounting Paper 12 .... how was it ?

    Yes, that's correct
  15. S

    Accounting Paper 12 .... how was it ?

    to be able to quote a price. Option D
  16. S

    Accounting Paper 12 .... how was it ?

    absorption for stock valuation, marginal for decision making
  17. S

    Accounting Paper 12 .... how was it ?

    perfect papeerrr
  18. S

    Accounting Paper 12 .... how was it ?

    GP Margin
  19. S

    Accounting Paper 12 .... how was it ?

    what about the accounting concept? umm, the machinery one? in which we capitalised cost n charged some to pnl?
  20. S

    Accounting Paper 12 .... how was it ?

    did the same!
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