Economics, Accounting & Business: Post your doubts here!

[Sana Adnan]

does anyone here has any idea what topics are expected this year in business studies?

As far as Business Studies and Economics are concerned, DO NOT skip any topic. Everything is important.

 

[Ram97]

How was the Accounting paper??
Is cash takings banked recorded as sales??

 

[Deaddeamon]

How did it go people? Hope it went well!
btw
was there a profit or a loss in the income statement?

 

[ZohaKhan]

As far as Business Studies and Economics are concerned, DO NOT skip any topic. Everything is important.

I see, Do you solve variants?

 

[Ram97]

How did it go people? Hope it went well!
btw
was there a profit or a loss in the income statement?

It went well
Loss in income statement

 

[Deaddeamon]

I got a loss too but some friends calculated a profit so that got me worrying

 

[Ram97]

Was there any loss on sale of motor vehicle

 

[Deaddeamon]

Yup 800 I believe.

 

[azaanahsan]

does anyone here has any idea what topics are expected this year in business studies?

No but u should prepare all of them...

 

[azaanahsan]

How was the Accounting paper??
Is cash takings banked recorded as sales??

Ram I think credit & cash sales was given u had to add them... that's it,,,,

 

[ZohaKhan]

No but u should prepare all of them...

I am I am
Tell me something, is it just me or do u think this too that different strategy is followed in variants in contrast to our variant (12) ?

 

[Ram97]

Ram I think credit & cash sales was given u had to add them... that's it,,,,

yeah i know that credit and cash sales were given but shouldnt be cash sales banked added too?
The name's Rameez not Ram

 

[azaanahsan]

yeah i know that credit and cash sales were given but shouldnt be cash sales banked added too?
The name's Rameez not Ram

umm sorry rameez... no i don't think it should be added becoz out of that cash sales, cash should have been banked... if cash banked amount was higher then cash sales given than it could be possible that it was banked other than cash sale. there was also no other info. about this.... so i think it was only cr. n cash sales added together for revenue.

 

[azaanahsan]

I am I am
Tell me something, is it just me or do u think this too that different strategy is followed in variants in contrast to our variant (12) ?

what different strategy?

 

[Ram97]

Do we have ECF in accounts??

 

[ZohaKhan]

what different strategy?

lol idk but questions seem a tad bit diffrnt

 

[Saad Rashid]

How much was the loss in income statement ?? and did u guys get under absrrption for both machining and assembly (I dont remember it ws assembly or finishing) ? Was the invoice value 4391?

 

[Saad Rashid]

Were partnership total assets 1 295 000 after making balance sheet?

 

[Ram97]

Yeah both were under absorbed
What did u write for reasons

 

[Sana Adnan]

I see, Do you solve variants?

well, I make my students solve them