Accounts 0452

[Anony_mouse24]

Anyone doing accounts variant 1?

 

[loaie Amgad]

yes here.......

 

[Anony_mouse24]

yes here.......

any tips?

 

[loaie Amgad]

any tips?

well , I need tips cuz I have no idea wt exam gonna look like.....

 

[asim irfan]

guys your accounts exam is over? plz advice ?

 

[Anony_mouse24]

guys your accounts exam is over? plz advice ?

Yep! U doing variant 1?

 

[asim irfan]

today i gave now talking about paper2
variant 1 was so hard;"(

 

[Anony_mouse24]

today i gave now talking about paper2
variant 1 was so hard;"(

Yea the profits question was kinda confusing.
i dont think that appeared in previous papers.

 

[Anony_mouse24]

today i gave now talking about paper2
variant 1 was so hard;"(

What was your balancing figure?

 

[asim irfan]

no idea bro jst now i woke up sdon't ask me now about studies

 

[asim irfan]

full paper was shit not only the profit section

 

[Anony_mouse24]

full paper was shit not only the profit section

I kno that feel bro!

 

[loaie Amgad]

What was your balancing figure?

it was 290000 for meee......

 

[Anony_mouse24]

it was 290000 for meee......

Same!!

 

[Anony_mouse24]

it was 290000 for meee......

How did u do the profit question?
i just reversed the profit and loss appropriation account
but i am not sure

 

[DXDEVIL130]

How did u do the profit question?
i just reversed the profit and loss appropriation account
but i am not sure

I got 35000 for that question and ROCE of 10%

 

[Anony_mouse24]

I got 35000 for that question and ROCE of 10%

Same but i got ROCE of 12.3%.
Did u take bank loan and debentures as capital employed?

 

[Magnetrate]

Guys, does any one here know any shit about something called Statement of changes in equity? My class did not take it at all, it is not in the book and no one seems to know about it here, however it is in the syllabus. If you took it can you please explain it for me? I cant find any online source that explains it.

 

[Anony_mouse24]

Guys, does any one here know any shit about something called Statement of changes in equity? My class did not take it at all, it is not in the book and no one seems to know about it here, however it is in the syllabus. If you took it can you please explain it for me? I cant find any online source that explains it.

https://www.xtremepapers.com/community/threads/statement-of-changes-in-equity.41642/

 

[DXDEVIL130]

Same but i got ROCE of 12.3%.
Did u take bank loan and debentures as capital employed?

I used the capital employed formula, capital employed= capital+non current liabilities and and also cap. employed=Assets - current liabilities and for both I got 350,000 as the capital employed

http://www.readyratios.com/reference/analysis/capital_employed.html