- Messages
- 39
- Reaction score
- 41
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- 28
Well, I think 1 mark deducted for wrong Sales Figure, 1 for wrong gross profit and 2 for incorrect Net Profit. I don't think it should be more than 4 marks, assuming no other mistakes have been made!
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Well, I think 1 mark deducted for wrong Sales Figure, 1 for wrong gross profit and 2 for incorrect Net Profit. I don't think it should be more than 4 marks, assuming no other mistakes have been made!I forgot to add cash sales to the credit sales and only posted the latter to the income statement. Does anyone know how many marks this could cost me?
YES but in all the previous questons? they usually tell you expenses were accrued as other payables could be almost anytthing.I added other payable to expenses! They would have mentioned if it was stationary in particular. You're talking about the first question right?
I thought they penalised only once and then figures were carried forward!!Well, I think 1 mark deducted for wrong Sales Figure, 1 for wrong gross profit and 2 for incorrect Net Profit. I don't think it should be more than 4 marks, assuming no other mistakes have been made!
That may be the case, I'm not entirely sure :SI thought they penalised only once and then figures were carried forward!!
That is true. This could swing either way, we've just got to wait and see I guess.YES but in all the previous questons? they usually tell you expenses were accrued as other payables could be almost anytthing.
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