• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

Economics, Accounting & Business: Post your doubts here!

Messages
177
Reaction score
81
Points
38
well that paper was AS right? O/N 2003 p2?!
its actually AL stuff...buh then sometimes i believe there is a possibility to get just minor level questions for AS -_-
sucks i know! :/
 
Messages
182
Reaction score
56
Points
38
well that paper was AS right? O/N 2003 p2?!
its actually AL stuff...buh then sometimes i believe there is a possibility to get just minor level questions for AS -_-
sucks i know! :/
yeah :S but the syllabus for 2012 for AS didnt mention the dissolution part.
 
Messages
177
Reaction score
81
Points
38
total share of profit is the profit to be shared between partners and total appropriation of profit means the profit specialised to be distributed between partners.... Am I right?
well total share of profits includes interest on capital, salary, interest on loan (if the partner has provided a loan) and the final profit share.
Buh am confused if total appropriation of profit is just the last bit where you share the final distributive profits or if its the same as above :/

You see am confused :(
 
Messages
681
Reaction score
438
Points
73
Is there a difference between "total share of profit" and "total appropriation of profit" in partnership context????
After doing the MCQs i came to the conclusion that they'r not the same.
total share of prifit is profit+salary+interest earned
whereas the appropriation of profit only includes the partner's share of profit.
im not 100% sure. i'l let you knw before the accounts ppr1.right now im jus doing eco.
thanks for the above explanations btw. i understood !!:)
 
Messages
182
Reaction score
56
Points
38
well total share of profits includes interest on capital, salary, interest on loan (if the partner has provided a loan) and the final profit share.
Buh am confused if total appropriation of profit is just the last bit where you share the final distributive profits or if its the same as above :/

You see am confused :(
I dont know what to say... I'm getting confused too... :S but still believe that they are the same :p
 
Messages
177
Reaction score
81
Points
38
After doing the MCQs i came to the conclusion that they'r not the same.
total share of prifit is profit+salary+interest earned
whereas the appropriation of profit only includes the partner's share of profit.
im not 100% sure. i'l let you knw before the accounts ppr1.right now im jus doing eco.
thanks for the above explanations btw. i understood !!:)

Oh your welcome :)
haha hi5 i also got confused after doing mcqs...especially 1..i came up with the same explanation. However, wasn't sure :/ Just let me know if you get an accurate answer for that and i will do too :)
and Thanks :)
 
Messages
177
Reaction score
81
Points
38
A worker can make 10 hats or 5 pairs of shoes in a day. In the market three hats can be sold at
the same price as two pairs of shoes.
The worker should make
A 4 hats and 3 pairs of shoes daily.
B 6 hats and 2 pairs of shoes daily.
C hats only.
D shoes only.
Explain? :)
 
Top