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create partnership captial accountcan anyone plz summarize what to do in this question accounts m/j2004 paper 2 Q2 plz help!
in 2 columns
Partner | A | | B |
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create partnership captial accountcan anyone plz summarize what to do in this question accounts m/j2004 paper 2 Q2 plz help!
Accounts ans for mcqs, only one incorrect soo far !
1) Return Outwards
2) 114000 D
4) Substance over form D
6) A ( Accruals Concept )
Cash discount 5% and stock previewed system ( D )
20 ) C
Partnership capital 60 000 drawings 30 000 ( C )
undervalued closing stock and overvalued opening inventory both to be added in net profit
subscription accounts can have bad debts and may have trading account ( A)
gross profit increased, return on capital employed decreased
partnership
goodwill x 15000 y 15000 ( C )
Liquidity difficulties to pay to creditors factoring trade debtor ( A )
Cumulative shares dividend carried to next year ( C )
Stepped cost net
profit of 15000 unites = 82500
value of stock issued 380 ( B )
Debentures issued for 300 000 Current Assets increased and net profit decreased in short term
Manufacturing overheads depreciation of assembly line and supervisors salary
breakeven sales 600 000 ( C )
Ans for B.R.S was ( B ) ( un presented add uncredited minus, minus credited charges for standing order
fixed costs remain constant for a range of activity ( A ) ( D was not the ans )
28) D Marginal Costing, Marginal Costing
29) D 6.5
30) D Price for the quotation
these are the corrects ans soo far
examiners dont use "google" to check our papers bro...they use their mark schemes....:/lol kuch nahi hotta hai
Yaar first is right google karlo tum dobara dont go for mark scheme they have wrong ans too...
google pay you'll find a right ans.
I think B is right for B.R.S do it again
wajiman thanks a lot dude . you helped me out with the goodwill mcq and it turned up in the ppr.i owe you.
anyone who gave economics variant 1 ?
student92 i think u gave variant 1 right ?? how was it??
doesn't the gross ratio increase nd ROCE decrease?? Please say yes !!Stepped cost ans was 85000 and roce ratio and gross ratio both have increased now
doesn't the gross ratio increase nd ROCE decrease?? Please say yes !!
LOL no. Gross ratio was increasing and ROCE was decreasing.nup...bth were increasin sry frnd
It is not a part of our syllabus. Chill out
i got this question in the test from my sir, now i knew where he got it from. First its not in AS syllabus anymore its A2. Continuing,
The critical path is BCDE. = 25 days
Reasoning:
Critical Path shows the sequence the activities should be carried out in order for the whole project to finish on time. So it uses EST. For first node, est is 0 for second node that is A, we will have to wait, coming to the third node (B), we will first add 5 to it and then add 6 to it, which will give 11 est for node A. as 11 is greater that 10, therefore the est of node A will be 11. then we will add 8 to the node A so to arrive at est of Node D then 6 to it to arrive at last node. at last node est=lft and for the critical path, the revers calculation will always arrive at the starting node with lft of 0.
b part 2:
It will help balrij to see which activities can be delayed and which activities cannot be delayed, the time that the project will take to complete and the if he faces any delay in the critical activities, he can move the idle resources of the non critical activity to it.
xactly, it was decreasing from 15 to 12LOL no. Gross ratio was increasing and ROCE was decreasing.
Was it a long term liability ?? I dnt think so.Guys u forgot the formula for roce (capital employed)
it was non current assets plus net current assets...u did not have to subtract LT liabilities from it...Even I did the same mistake
Was it a long term liability ?? I dnt think so.
yes it was a long term liability fahadzaidi96 said right...
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