Accounting Paper 12 discussioonnn!!! :D

[Suha123]

Heyy everyone who's reading this

I was looking going through paper 2 just now and I realised that when they say Income Statement (Trading account), they actually only want the trading account
Anyway,there was a question like that in our paper 1 this year and I was wondering how many marks I'd lose if I made the whole income statement when they only asked for the trading account :/ Do I lose the entire 11 marks or whatever it was worth? Now,Im not so sure of how my exam went

Good luck with paper 2 tomorrooww!!

 

[Rupie2305]

join the club dear................i have spoilt it as well...........

 

[Suha123]

It wasn't actually that difficult.Infact,it was pretty easy and I thought I did well but now Im confused about that question cuz I didn't realise they wanted the trading account only.

Hope u still get awesome grades,though!!

 

[niassu]

Heyy everyone who's reading this

I was looking going through paper 2 just now and I realised that when they say Income Statement (Trading account), they actually only want the trading account
Anyway,there was a question like that in our paper 1 this year and I was wondering how many marks I'd lose if I made the whole income statement when they only asked for the trading account :/ Do I lose the entire 11 marks or whatever it was worth? Now,Im not so sure of how my exam went

Good luck with paper 2 tomorrooww!!

not always the income stement maybe trading and maybe tradind and P&L and i think they asked for the whole as they always clarify what they ask for between brackets

but tell me wht was ur quick ratio thng was it 6...:1 or not tellme plz

 

[Suha123]

They did have it in brackets. It said Income Statement (Trading account)

Sorry I dont remember my quick ratio. But my net profit for some later questions was $3600 !

 

[niassu]

They did have it in brackets. It said Income Statement (Trading account)

Sorry I dont remember my quick ratio. But my net profit for some later questions was $3600 !

u mean in which exam excatly

 

[Suha123]

Accounting paper 12

 

[niassu]

Accounting paper 12

okay they just said trading not oncome statemnt u r not supposed to have a copy paste question they added expenses in june 2011 so asked for whole t&P&L did u got me 8)

 

[Kokeeto]

My teacher is able to correct accounting exams from abroad.
She solved the exam, and calculated the net profit, so dont worry

 

[niassu]

My teacher is able to correct accounting exams from abroad.
She solved the exam, and calculated the net profit, so dont worry

plz if u remember what is the quick ratio was

 

[Kokeeto]

I think 6.something, not sure though

 

[niassu]

I think 6.something, not sure though

ya me too i wondered how high was this ration btw thnx alot u reaaly was my las tchance that is nice from u thnx again

 

[Shariq607]

I think 6.something, not sure though

ya me too i wondered how high was this ration btw thnx alot u reaaly was my las tchance that is nice from u thnx again

Weren't you suppose to find it in percentage although not sure about this but i think i remember it said find the answer in 2 decimal places or im not sure

 

[Suha123]

Wooo!n :Yahoo!:

THANK Y'ALL SO MUCH!
Hope paper 2 goes weelllll!! Good luck :friends: