Economics, Accounting & Business: Post your doubts here!

[Mohammad Taymur]

Yeah! may ALLAH thrive all candidates in CIE exams
hahaha i have already given accounts! very relax now

u hav given which paper of accounts of as level

 

[youzair]

u hav given which paper of accounts of as level

no em done with AS and A2
last june i gave AS and in nov gave A2

 

[Mohammad Taymur]

economics important questions

 

[Muhammad Bin Anis]

Help needed in
1) Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor

2) Accounts P22, Jun 2009, Q2 B (b) .. what is the adjustment for the out of fashion stock? additional info (vii)

 

[Mohammad Taymur]

Please post expected topics for cie
for economics business and accounts too ...!

i hav posted for economics

 

[Muhammad Bin Anis]

why isn t any one helping me out?

Help needed in
1) Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor

2) Accounts P22, Jun 2009, Q2 B (b) .. what is the adjustment for the out of fashion stock? additional info (vii)

 

[sonamali]

can sm one pls explain me how to find the dividend in may june 2011/41 no. 2. http://www.xtremepapers.com/CIE/International A And AS Level/9706 - Accounts/9706_s11_qp_41.pdf

 

[Mohammad Taymur]

why isn t any one helping me out?

Help needed in
1) Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor

2) Accounts P22, Jun 2009, Q2 B (b) .. what is the adjustment for the out of fashion stock? additional info (vii)

I WIL HELP FOR P22 JUNE 2009

 

[Mohammed Hassan]

is the answer A?

yup! how u got it? plz explain?

 

[sonamali]

can smone also help me in may june 2011/41 no. 2 part B. a). pls its urgent!

 

[Mohammad Taymur]

I WIL HELP FOR P22 JUNE 2009

why isn t any one helping me out?

Help needed in
1) Accounts P2, Jun 2005, Q3 last two parts ....
Someone please explain what is the limiting factor

2) Accounts P22, Jun 2009, Q2 B (b) .. what is the adjustment for the out of fashion stock? additional info (vii)

 

[Mohammed Hassan]

Can u plz explain what is meant by " a sale or return basis " ?? amd how to use it?

 

[Mohammad Taymur]

Can u plz explain what is meant by " a sale or return basis " ?? amd how to use it?

an arrangement by which a retailer pays only for goods sold, returning those that are unsold to the wholesaler or manufacturer





If you sale Goods on sale or return basis ,
i will explain it example, which is given below.

Mr. AA sold goods Rs 10,000 on sale or return to Mr. Kashif.

Entry:
Dr. Debtor(Kashif) Rs 10,000
Cr. Sale or Return Rs 10,000

If at the end of the year Mr. Kashif confirms that he accepts goods wholly so the next entry will be:

Dr. Sale or Return Rs 10,000
Cr. sale Rs 10,000

Alternate:

If at the end of the year Mr. Kashif says that he accepts goods of Rs 6000 only and do not return to us.
Two Entries Should be passed.

Treatment will be :
1)
Dr. Sale or Return Rs 10,000
Cr. sale Rs 6,000
cr. Debtor(Kashif) Rs 4,000

2)
Dr. Inventory Rs 4000
Cr. Trading account Rs 4000

I hope u will have understand this concept

 

[maryamshake94]

yup! how u got it? plz explain?

someone replied earlier with how the answer is A. please check that post.

 

[Mohammad Taymur]

someone replied earlier with how the answer is A. please check that post.

WHICH ONE

 

[Mohammad Taymur]

someone replied earlier with how the answer is A. please check that post.

I DID NOT GET U

 

[maryamshake94]

I DID NOT GET U

i think you yourself posted this,
"hasan the answer is A

the process is add netbookvalue at the beginning less netbookvalue at the end less depriciation and add addition at cost during the year
16000-25000-5000+22000=8000"

 

[Mohammed Hassan]

an arrangement by which a retailer pays only for goods sold, returning those that are unsold to the wholesaler or manufacturer





If you sale Goods on sale or return basis ,
i will explain it example, which is given below.

Mr. AA sold goods Rs 10,000 on sale or return to Mr. Kashif.

Entry:
Dr. Debtor(Kashif) Rs 10,000
Cr. Sale or Return Rs 10,000

If at the end of the year Mr. Kashif confirms that he accepts goods wholly so the next entry will be:

Dr. Sale or Return Rs 10,000
Cr. sale Rs 10,000

Alternate:

If at the end of the year Mr. Kashif says that he accepts goods of Rs 6000 only and do not return to us.
Two Entries Should be passed.

Treatment will be :
1)
Dr. Sale or Return Rs 10,000
Cr. sale Rs 6,000
cr. Debtor(Kashif) Rs 4,000

2)
Dr. Inventory Rs 4000
Cr. Trading account Rs 4000

I hope u will have understand this concept

Yup! understoood!!! thank u very much! really appreciate that

 

[Mohammed Hassan]

i think you yourself posted this,
"hasan the answer is A

the process is add netbookvalue at the beginning less netbookvalue at the end less depriciation and add addition at cost during the year
16000-25000-5000+22000=8000"

thaaaaaaaaaaanks!! understood (Y)
appreciate what u did

 

[parthrocks]

HEY DOES ANYONE KNOW WHAT IS EXACLY PARTICIPATING SHARES??IN ACCOUTING 9706..