Accounting Paper 3 (9708/32) Discussion and shizz.

[Hammad Suhail]

Discussions for the Accounting paper 3 over here

 

[Hammad Suhail]

Personally, not that difficult but typical of a Paper 3. Went well Alhamdulillah...or atleast that's what I think. .-.

 

[shahz_h]

Even i didn't find it that hard. It was good Alhamdulilah

 

[Prof. MHA]

It was the easiest paper one could've asked for. Expect p4 to be really tough now!

 

[Hammad Suhail]

Anyone got the question paper?

 

[shahz_h]

Are we allowed to discuss the paper now??
Btw i dont think u get da question paper

 

[Hammad Suhail]

Yes we can discuss now. Its been 24 hours since the paper. And yeah I know normally we don't but someone had it in the Paper 1 thread. That's why I was asking that maybe someone had it..

 

[shahz_h]

Oh okay!
What did u do for the payback question?it was q.29

 

[Hammad Suhail]

I wrote A. Amounts after payback period has been reached are ignored.

 

[shahz_h]

even i did A
And wat abt the std costing question, u had to find da actual material cost

 

[Hammad Suhail]

that was 54k.
what did you do about the one in which a company bought a business for less than it's net assets worth. what treatment was to be made?

 

[shahz_h]

OMG! Y not 57ooo?
i did credit capital reserv opt A, not sure though

 

[Hammad Suhail]

I think it was 54k. I mean the formula worked that out for me.
And yes Credit Capital Reserve is right. I got this wrong though.

 

[shahz_h]

Okay!
Wat abt da question where v had to find da most profitable combination of 3 products?

 

[Hammad Suhail]

most profitable combination of the 4 products you mean right?
i suppose that was 1, 2 and 4.

 

[shahz_h]

Yaa
Was the option B?

 

[Hammad Suhail]

I think so. Not sure though.

 

[shahz_h]

Okay!
Wat abt da last question ?

 

[Hammad Suhail]

NPV? It was B. Something in the 19000's..

 

[shahz_h]

Yaa ! even i did B
Nd da 1st Question of cashflow?
I guess i did D