ACCOUNTING PAPER 2 UGH SUCKED VARIANT 1

[Lostsoul]

It was kinda hard, it was nice thoughh

 

[Adham-amr]

i don't remember.
my balancing figure was 76560

it balanced on 85650

 

[IGCSE O/L student]

it balanced on 85650

really?? my answer is wrong!

 

[Numnum]

really?? my answer is wrong!

It's not important sweety. Some of my friends got what you got, no one knows the exact answers so anyone could be right.

 

[Lostsoul]

it balanced on 85650

I got 75650 Even my answer is wrong :'(

 

[IGCSE O/L student]

It's not important sweety. Some of my friends got what you got, no one knows the exact answers so anyone could be right.

u think so, honey?
thanks alot, you made me feel better!

 

[machiyara]

which accounting concept was broken by:
1) Charging the complete cost of non-current assets to the income statement of the year of purchase

 

[IGCSE O/L student]

which accounting concept was broken by:
1) Charging the complete cost of non-current assets to the income statement of the year of purchase

i think it's matching

 

[IGCSE O/L student]

I got 75650 Even my answer is wrong :'(

i'm not sure if my answer was 76560 or 75650. but i'm sure the first number was 7.

 

[machiyara]

i think it's matching

Yes u right
But can we also fit the concept if Materiality in this??
Since we did not treat the non-current assets as an asset but as an expense so we can say that we did not consider it material

I wrote matching first but in last 2 mins i cut it and wrote materiality

 

[IGCSE O/L student]

Yes u right
But can we also fit the concept if Materiality in this??
Since we did not treat the non-current assets as an asset but as an expense so we can say that we did not consider it material

I wrote matching first but in last 2 mins i cut it and wrote materiality

i've never heard of this concept.