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Economics, Accounting & Business: Post your doubts here!

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O/N/2012 - 11
Why is it C ? Doesnt increase in selling prices affect GP?
the question says NPBI increased more than increase GP
so thats why its C i think
 
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For anyone who had a prblem with O/N/2012-13 Q19 (The question about that cumulative non cumulative thing) please note that the marking scheme and the examiner report both are wrong. The answer should be B. The Marking Scheme at the CIE teachers website has B.

#freeadvice :p
 
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For anyone who had a prblem with O/N/2012-13 Q19 (The question about that cumulative non cumulative thing) please note that the marking scheme and the examiner report both are wrong. The answer should be B. The Marking Scheme at the CIE teachers website has B.

#freeadvice :p
thnks......atleast sumthing in this world is free n helpful :)
 
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upload_2014-5-5_19-51-50.png
how to do this ? do we include inrest on loan too ..just like including capital for totall share of profit
 
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i dont think the loan is accounted for in the appropriation account. because the loan interest is already accounted for in the income statement as an expense.
not as approptionment >> for adding up the total share of profit
i dont think u got my question :/
 
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