Economics, Accounting & Business: Post your doubts here!

[redapple20]

Thankkkkk Allah k I have so many days to prepare for a levels ie ppr 3! 7th of June on ma birthday
id b giving a ppr!:/

 

[sana1421]

the paper was sooooo easy but i messed up soooo much :'(
Q2 my balance sheet did not balance n i spent too much time that i had only 15-20 mins for Q3 :'(
Im really afraid i just hope that the GT is low, i want an A, i don't wanna reappear :'(

 

[Mohammed Hassan]

guuuuuuuuuuuuuuys!!! do we have to provide the depreciation for buildings :S???

 

[redapple20]

Ok no Elaborations! 172 or sumthing like it? Like this post if u undrstnd it!

 

[Mohammed Hassan]

no of employees. i guess

I think that we took in business, that it can be for direct labour hours as well...
hours worked by an employee, decides his wage? time rate wage??

 

[saimaiftikhar92]

in the income account of first question .........wether there was a profit or a loss?

 

[Saad Ghori]

The paper was probably the easiest in history

in the income account of first question .........wether there was a profit or a loss?

Profit. You weren't supposed to charge depreciation on buildings.

I think that we took in business, that it can be for direct labour hours as well...
hours worked by an employee, decides his wage? time rate wage??

You were supposed to apportion them on the basis of no of employees, because the direct labour hours are only concerned with the direct labour. These were indirect wages.

 

[Faadii]

Q.3 - Absorption costing was easy or hard ? what u Say guyz

 

[saimaiftikhar92]

there were 3 non current assets........so among two of the depreciation were to be charged in the manufacturing a/c

 

[Mohammed Hassan]

The paper was probably the easiest in history

Profit. You weren't supposed to charge depreciation on buildings.

You were supposed to apportion them on the basis of no of employees, because the direct labour hours are only concerned with the direct labour. These were indirect wages.

are u sure about the buildings? no depreciation for it?

 

[Vinita Manek]

well m happy nw....readin all dat wt is discussed so far m soooo relaxed nw .....

 

[Vinita Manek]

are u sure about the buildings? no depreciation for it?

nop no deprn is to be provided for building

 

[Mohammed Hassan]

well m happy nw....readin all dat wt is discussed so far m soooo relaxed nw .....

ur kidding ?
yup! ur kidding! i'm dying here :S

 

[Vinita Manek]

ur kidding ?
yup! ur kidding! i'm dying here :S

hehehhehe i hpe i m as wen d esults cm....i hpe i gt an A in all.....god bless us all

 

[Mohammed Hassan]

hehehhehe i hpe i m as wen d esults cm....i hpe i gt an A in all.....god bless us all

yeah hope so i need that A very much to a level u cant imagine

 

[Vinita Manek]

i ws so confused abt deprn i dint tk it bt my frnds did n i ws lyk omg did i mk a mistk????

 

[Mohammed Hassan]

nop no deprn is to be provided for building

the additional information said : depreciation is to be provided on non-current assets using a rate of 20% by the reducing balance method...
still sure about that no depreciation?

 

[Faadii]

forget past , focus on the future or the upcoming papers

 

[Mohammed Hassan]

i ws so confused abt deprn i dint tk it bt my frnds did n i ws lyk omg did i mk a mistk????

btw, i'm still worried about the depreciation and not 100% convinced that its right :S may god be with us :/

 

[Vinita Manek]

yeah hope so i need that A very much to a level u cant imagine

even I !!!!!