How was Accounts!?

[khalid]

i did my paper with led pencil.. will it make a difference

 

[WellWIshER]

i did my paper with led pencil.. will it make a difference

yes ofc......DA COLOUR of led is grey and da colour of pen is blue/black. :mrgreen: :mrgreen: :mrgreen:

 

[ashhadazam]

@hamiz.. Shutup !! u dint even appear for paper... :mrgreen: :mrgreen:

I dont knw about leadpencil thing but it was stupid of u to do that :s

 

[bubbly]

i did my paper with led pencil.. will it make a difference

In all seriousness, i think it will. They explicitly state 'write in dark ink'!

 

[ashhadazam]

Well they dint ask for calculators at our centre. but today our invigilators was checkng the calculators but even though i had 991es she dint seem to have any problem [

 

[ashhadazam]

yar kisi ko answers yaad hain q.2 k ?? i mean the last figures.. of depreciation and fixedassets at cost ??

 

[khalid]

so my marks will be deducted for using pencil instead of pen...... my teacher told me dat examier discourge candidates to use pencil but still it is accepted... i used it becz i do alot of silly mistakes and if i do my paper with pen. den it will become so untidy dat examier will b unable to check it

 

[midget]

q1 was too simple!! q2 i did the machiney part bt the motor vehicle part i was blank!! q3 was tricky!! u had to think mn!! i tink i mesd the last part!!

 

[pastyear]

not yet 24 hours.
no discussion
if you do , you will let ppl know the questions and ppl can score well than you.

 

[ahsanxr]

Very easy paper. Question 1 was balanced, Question 2 was also very simple and all you needed to know for Question 3 was some simple arithmetic. InshAllah 85+.

 

[ashhadazam]

wah 85 + :OOO !!! Good Bhai :/ !!

 

[well_wisher]

It was dam hard hope the threshold comes down 50/90 =A .
Dont cry over spilt milk.
Forget the past think about da next paper.

 

[khizarr]

although i forgot the target profit formula but it was a bit technical .. first we had to calculate the reduced sales, then calculate c/s ratio, then apply the target profit formula .. that is fixed costs plus target profit divided by the c/s ratio .. i think it was to be done like this!

 

[basitkhan]

if u study the paper will be easy for you simple.....q1 ppl said balancing figure was sumthing like 1626......q2 i did machinery was getting 5200 balance b/d for 2009 for machinery acc dont knw right and i messed the up the motor vehicle coz i took the same percentage dep as it was for machinery....guys dont worry u will get sum marks for attempting it atleast!!

 

[well_wisher]

Question 1,2&3 were dam hard but question 4 was a piece of cake
Secret :
Paper 1's got leaked to download visit:


www.i'mstupid.com/fools only :mrgreen:

 

[coptir]

Q3 was not too hard....first u can find out the break even value by dividing fixed costs by c/s ratio...
the formula for brk evn point is fixed costs * selling price per unit/contribution
fixed costs were 90000 and contribution was 161000, let selling price per unit be x.
then brk evn point = 90000x/161000
brk even value/break even point = selling price per unit
this way u can find out the selling price per unit
then divide sales by selling price per unit to find out the units sold

 

[fatemah]

it was k man......q2 kitna bakwaaaaas tha ppl!!!!!!
hate disposal.....

 

[ashhadazam]

ya me too !!! I found Q.3 hard though ! :S

 

[fatimakhan]

do anyone of rmmbr wht the answer was q2? i got profit on disposal of MV and loss on the machinery!

 

[khizarr]

coptic, why u doing such difficult steps, in the last part we simply had to first find the reduced sales, then contribution, calculate c/s ratio and lastly use the c/s ratio in the formula for target profit!
though i forgot the formula of t.profit. and due to tht i'll lose a total of 8-10 marksa in the last question!