Accounting Paper 22 - Discussions after 24 hours

[dimebagdarrel0443]

what was the profit for the year ended? n whast was the expense? what was the loss on disposal?

loss on disposal was 600

 

[dimebagdarrel0443]

had to include cause it was the accrued expense and prepaid expense!
what was ur profit?

i got net loss

 

[dimebagdarrel0443]

What was the profit? Oh and do we include the Other Receivables and Other Payables in the income statement? As they were there in the balance sheet.

i included tht as bal bd in sales control account

 

[IGCSE Abdullah]

loss on disposal was 600

tell me how?

 

[Sarah Paul]

tell me how?

wat was urs?

 

[IGCSE Abdullah]

i included tht as bal bd in sales control account

u gone mad? it said clearly 'OTHER'

 

[dimebagdarrel0443]

i included cash banked as 1000 in debit side of sales ledger control account....the bal figure was cr sales right?

 

[IGCSE Abdullah]

wat was urs?

PROFIT AROUND 7000
WHATS WAS THE TOTAL? SALES

 

[Sarah Paul]

PROFIT AROUND 7000
WHATS WAS THE TOTAL? SALES

190 thousand odd

 

[Sarah Paul]

PROFIT AROUND 7000
WHATS WAS THE TOTAL? SALES

It was a loss of 200 i guess :/

 

[IGCSE Abdullah]

ANYONE PAPER 42??

 

[Sarah Paul]

ANYONE PAPER 42??

no

 

[IGCSE Abdullah]

190 thousand odd

HOW MUCH CREDIT SALES?

 

[Sarah Paul]

HOW MUCH CREDIT SALES?

I cant remeber.
Wat were ur total sales

 

[IGCSE Abdullah]

I cant remeber.
Wat were ur total sales

IM WRONG I GUESS...
GOT 204000

 

[EhteshamHaider24]

I guess my one was 30572 or something. :/
Are you sure?

 

[Sarah Paul]

Hmm jst never judge leave it

 

[IGCSE Abdullah]

I guess my one was 30572 or something. :/
Are you sure?

NOW IM CONFUSED..N IM WRONG THATS FOR SURE...... BUT I THNK UR ANS IS RITE CAUSE MANY GOT THAT

 

[Sarah Paul]

NOW IM CONFUSED..N IM WRONG THATS FOR SURE...... BUT I THNK UR ANS IS RITE CAUSE MANY GOT THAT

Even i gt this value fr something GP?

 

[IGCSE Abdullah]

Even i gt this value fr something GP?

OK THANKS ANYWAY IM GETTING NEGATIVE MARKS THERE!!
WHATS WAS THE CONCEPT THAT IT ASKED?