Economics, Accounting & Business: Post your doubts here!

[amandeep04]

and my share price answer was $1.20 somehow...

 

[amandeep04]

anyone wana discuss the paper? inbox me plz!

 

[shahz_h]

Q4. my np was 7000
Q7. 550 credit
Q19. $4.80 was the share price

these are my answers don't know if they are correct or not

Can u tell me Q9. who uses aging of debtors or something like that. i did B "Credit Controller" merely a guess...

Hw cum ur np was 7000??i guess u r confusin wid some other qustion.dis question was where u were given prchase of office stationery
Q.19 I did $1.20
Q.7 even me did 550 credit
Q.9 i did sales ledger supervisor

 

[Rizwanjubail]

June June, D i think


credit 550

are u sure??

 

[Rizwanjubail]

Hw cum ur np was 7000??i guess u r confusin wid some other qustion.dis question was where u were given prchase of office stationery
Q.19 I did $1.20
Q.7 even me did 550 credit
Q.9 i did sales ledger supervisor

i did sales manager

 

[shahz_h]

are u sure??

i guess it was June, June & opt was B, not D
it was bcoz i think the business was planning 2 pay in june & cash budget records it when the cash is the paid or received

 

[Rizwanjubail]

i guess it was June, June & opt was B, not D
it was bcoz i think the business was planning 2 pay in june & cash budget records it when the cash is the paid or received

Yes u r right but the payment was made in April, it was written i guess
Any ways what about the suspense account 1?
and what was Q1's answer? was it returns by X to Y (if Y was the creditor?)

 

[Rizwanjubail]

and my share price answer was $1.20 somehow...

I got it 4.80(somehow)

 

[mrgreedywolf]

Wanted to Confirm something:

Q4 link: http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_s07_qp_3.pdf
Suggested Answer by Examiner : A

When redeeming shares out of profit we must create a CRR up to the par value of the redeemable shares and must deduct the share premium from retained earnings whether or not they were originally issued at par.

If so then the answer must be C.

What I wanted to know was that, am I correct ? It is possible that the rules were changed after the paper. This paper is 6 years old.

So correct me if I am wrong.

 

[Esme]

Wanted to Confirm something:

Q4 link: http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s07_qp_3.pdf
Suggested Answer by Examiner : A

When redeeming shares out of profit we must create a CRR up to the par value of the redeemable shares and must deduct the share premium from retained earnings whether or not they were originally issued at par.

If so then the answer must be C.

What I wanted to know was that, am I correct ? It is possible that the rules were changed after the paper. This paper is 6 years old.

So correct me if I am wrong.

Yeah you're right.Even I think the answer is C .

 

[starlight123]

can anybody help me with capital reduction and how to attempt those questions? ppr4 A2 accounts n even convertible loan stock

 

[janicenxy]

Hi everyone. I'm having trouble with this question. Can anyone help me? Much thanks.
Question is from Oct/Nov 2012 paper 11 Q 28

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w12_qp_11.pdf

 

[Fatima33]

Yes it was great Alhamdulillah
What was the answer for the last one??
Was it "C" i.e June and April

Yes that's what i chose. Because you only record the transaction when you pay for it in the forecast, not sure if it's correct though.

 

[SalmanPakRocks]

Payement was made it june, it was to be delievered in April.

 

[shahz_h]

Yes that's what i chose. Because you only record the transaction when you pay for it in the forecast, not sure if it's correct though.

but in cash budget u record trnsctions in the month paid or received

 

[Narcotic]

Hw cum ur np was 7000??i guess u r confusin wid some other qustion.dis question was where u were given prchase of office stationery
Q.19 I did $1.20
Q.7 even me did 550 credit
Q.9 i did sales ledger supervisor

yeah i was confusing this Q with some other one with opening capital and drawings one. i don't remember this Q, sorry

p.s do u or anyone else here, for that matter, has business studies paper 1 on 10th?

 

[Narcotic]

It is credit controller .

i did that!!

r u guessing or are u sure?

 

[student92]

Hi everyone. I'm having trouble with this question. Can anyone help me? Much thanks.
Question is from Oct/Nov 2012 paper 11 Q 28

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w12_qp_11.pdf

this is simple, there are many ways of measurement of exchange rates, refer the Cambridge book by Bamford,
in a trade weighted exchange rate, we simpley have to multiply thw amount or percentage of trade a country has with its repective partners in trde,
so for
nigeria it will be 0.8 X10 =8
Malaysia it will be 0.2 X50=10
so we add them togather to get 18, and pluss the orignal 100, we get 118, whihc is b

 

[Rizwanjubail]

yeah i was confusing this Q with some other one with opening capital and drawings one. i don't remember this Q, sorry

p.s do u or anyone else here, for that matter, has business studies paper 1 on 10th?

I have..

 

[Asheerah angel]

november 2011 p4 question 3 plzzz help me.