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aaj 2 bajey utha tha ho tou gaye 
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Economics, Accounting & Business: Post your doubts here!
- Thread starter XPFMember
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Kiu ktum behki behki batey krhe ho!aaj 2 bajey utha tha ho tou gaye
aj kisi ka ppr nhi tha
- Messages
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kal raat ko gahaalat hogaya tha
- Messages
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Kia bol rhe ho?
- Messages
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- 43
kuch nahi
Q 11, why did they subtract the reserves from the total value. (A) http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_s11_qp_31.pdf
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C according to IAS
Answer will remain A.
Let me explain to you all. This took me a few minutes but I understood it. Firstly observe there has been an existing share premium account. This means that ordinary shares were issued at a premium. According to the rule when an there has been an existing share premium which is higher than the premium redeemed then the premium paid on redemption is financed from the share premium account. If the share premium redeemed exceeds the amount originally issued then the excess amount is charged in the premium account.
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there is also another condition that share premium will only be used if there is new issue of share, so the answer will be C.
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dude you need to correct ur facts..
We just cant assume everything.
it is clearly written in IAS and syllabus that if shares are redeem at premium and issued at premium it'll be provided in the question.
Just follow the new rules don't use ur own knowledge
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i think because of statement of changes in equity
first we minus reserves and then we minus the dividend !
the answer is C but at that time the standards were different so in the mark scheme it is A
its a investment appraisal question, i think you opened the wrong paper
I think you are giving answer of another question, I have asked about Q no.10
some one please help me in no. 24 and 21. http://www.xtremepapers.com/papers/...AS Level/Accounting (9706)/9706_w11_qp_32.pdf
The answer is C
Because here i think they are testing the knowledge of revenue expenditure and capital expenditure...
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u're wrong E
here is the answer:
First lets calculate the depreciation: $100,000/5 years = $20,000
we will then add the capitalization cost to it as it is a further investment in the asset.
so total balance sheet value is $150,000 - $20,000 (as it is one year the sales has commenced, meaning that the asset was bought 1 year b4) so we will subtract the depreciation = $130,000
Profit and Loss account, we will ignore the Research expenditure in Investment Appraisal as it is a sunk cost but will charge it in the P and L account as it is an expense. so research expenditure + depreciation = Expense charged in P and L:
$30,000 + $20,000 = $50,000
answer is C, check through mark scheme
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i was doing the wrong question :\