Accounts PAPER DISCUSSION

[sikander]

I still disagree.cz if u make a trialbalance n lets say purchases and sales r undercasted by 100..the difference between them will increase or decrease n the trial balance wont balance nemo.purchases r X-100 and sales Y-100 even in maths we cant cancel them cz they r different variables.
as for the other one..well yeah i didnt read it that carefully.

COMPENSATING ERROR IS WHEN BOTH COMPLETLY OPPOSITE VARIABLES LIKE EXPENSE AND INCOME, SALES AND PURCHASE , ASSET OR LIABILITY are OVERCAST or UNDERCAST by SAME amount at the SAME TIME

 

[hammadthepcgeek]

it was B???rite?

Yes it was. It was fairly easy. I was surprised to see a large number ticking A. Thank God I didn't. I ticked the correct answer B.

 

[hammadthepcgeek]

How can a person in a right mind chose A in the first question????

I dun noe that myself. Sometimes people tend to do really silly mistakes.

 

[hammadthepcgeek]

ALLHAMDULLILAH i did EXTREMELY WELL EXPECTING FULL MARKS i had done whole MCQ bank and every MCQ was repeated in paper I did them in 20 mins checked 4 times and then rest of THIRTY mins i dictated to nearby friends

Me too.