account paper 1 was tooo easy!!!!!!!!!!!!!

[sheharyar71]

hey how much u all are expecting

 

[sheharyar71]

my paper went excellent,now hoping for the best result!!!

 

[shayreeikg]

what was the answer to that decrease in capital question ? 4000 right ?
and the dividend to be paid on shares was 14% or 8% ?

 

[sheharyar71]

wrong fourtyfivehundred,
and eight percent

 

[harisgala]

what was the answer to improve the current ratio?
answer to that book keeping and account procedures one?
answer to that employee's pay question?
and answer to that computer one? as to which is true regarding computer accounting something?

Franky speaking, the paper wasn't too easy. If compared to May/June 09, '10 and Oct/ Nov 09 and '10, the paper was a little difficult. I hope the percentile's low, since I'm getting below 27/30. Got three of my MCQs wrong and doubtful for another 4.

 

[hard2face]

d ans to decrease in cap was 4000 !!

 

[adnanj]

d ans to decrease in cap was 4000 !!

paper discussion is not allowed before 24 hours...!
but it was 4500 for sure.....!!!

 

[rafae]

it was $4500 for sure.
and the other thing was operator error may result in inaccurate information
bookkeeping is recording data etc.
and one more can't remember
BUS KAR DO no paper discussion haha

 

[adnanj]

it was $4500 for sure.
and the other thing was operator error may result in inaccurate information
bookkeeping is recording data etc.
and one more can't remember
BUS KAR DO no paper discussion haha

discussed everything

 

[rafae]

Haha adnan, come here http://xat.com/XtremePapersForum_XPF

 

[hard2face]

but how cld it be 4500.. net current assets main dep kuon lagayge.. net c.a = working capital

 

[hard2face]

wht wz d ans to tht time sheet question??

 

[abc123]

Depreciation reduces the value of fixed assets so a decrease in fixed assets means less capital
Timesheet one was B

What was the ans to the sandhill club one?

I made such silly errors in 2 ques :'(

 

[hard2face]

but dep only reduces d value of fixed asset , but in d question v were only given net current assets nd ltl...wht waz d optn B for time sheet??..nd for sandhill i dun remem d ans .. but i thnk either it was A or B (dun xatly remember)./.. wht was d ans for improving current ratio??

 

[123add1]

decrease drawings

 

[123add1]

what was the answer to the partnership agreement question?

 

[hard2face]

interest on capital...

 

[123add1]

there was decrease in working capital,decrease in fixed assets and increase in liabilities so definitely owners capital decreased by 4500

 

[123add1]

yes i chose the same and i think the answer 2 sbscription question was 6760

 

[hard2face]

was it decrease in fixed assets or decrease in net current assets???