anybody gave accounts p42?

[hamzahbutt]

hwaz ur paper?...mine was just okay dint know wat to do in 1st ques part b and c...anybody who hav given p42?

 

[pastyear]

me
but i took varient 3?
What questions came out?
mine is

 

[username!]

@hamzahbutt: i gave 42. did you write the balance sheet for the Q. no. 1 (a)? i wrote an income statement showing interest on capital, salary and share of profit for (b) and compared it with the profits they've been receiving as a sole trader. but my balance sheet did not balance. how did you attempt it?

 

[hamzahbutt]

yep i did a balance sheet n gt d capital by creating a capital n adjustin fr revaluation n goodwilll asi it was nt to b shown in books.....i sucked at part bi did an income statement too but i dint compare it with the profits...my balance sheet dint balance too i had a diffrnce of 50.

 

[username!]

oh, well anyways good luck for ur results