accounting paper 1

[omar_mero]

hey anyone took accounting ppr 1? was it hard ? what was the hardest question about?

 

[Pinky]

yh i took accountin it wasnt as hard as i was thinkin how did u find it?

 

[May]

yeah...i hate stock valuation and it came .....so many concepts screwed up!!

 

[Giraffe195]

Oh come on people. I don't think there was ever an easier paper in accounting. There wasn't much stock valuation either. All you had to do was remember a tiny phrase and you'd be able to solve any question about it :/

 

[BornToDie]

umm....i dunno wht u r saying.....

i think the a/c paper was the worst of all my papers....

it wasnt that difficult but i jus couldnt think straight....

 

[exampasser]

Accounts paper was quite easy. I messed up my Balance Sheet at first. I put Bank Loan as a long term liability, but then changed it to current liability later. I'm lucky I saw that

Stock valuation? That's easy! "Lower of cost or net realisable value"!! 3 marks just for remember 7 words!