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How Was IGCSE Accounting (0452) Paper 1 (All Variants)

How Much Do You Expect In 0452/1


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Oh, lol! Just checked it! it's a single entry system!
When you have single entry system you prepare statement of Affairs and use the equation Assets - liabilities = capital
:) Thus, you just write the capital like that!
Ohh ok...thnx I didnt noe abt that system:D
 
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Guys urgent pls ! When adding the net current assets to the non current assets ,dont we get net assets ?
 
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Is net assets anpther word for capital employed or ar they different cuz in the balance sheet layout i have it says net current assets + non current assets = capital employed then - long term liabilities = net assets
 
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Is net assets anpther word for capital employed or ar they different cuz in the balance sheet layout i have it says net current assets + non current assets = capital employed then - long term liabilities = net assets

Yes,but net assets is more appropriate to use in the assets section

as capital employed is usually defined as :
Capital Employed= Shareholder's Fund + Non-Current Liabilities(if present)

Or
Capital Employed= Shareholder's Fund
(more appropriate to use in the financed by section )


Nevertheless,
Marks are not deducted at all
Even marking schemes don't have those terms at all in any balance sheet
 
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Yes,but net assets is more appropriate to use in the assets section

as capital employed is usually defined as :
Capital Employed= Shareholder's Fund + Non-Current Liabilities(if present)

Or
Capital Employed= Shareholder's Fund
(more appropriate to use in the financed by section )


Nevertheless,
Marks are not deducted at all
Even marking schemes don't have those terms at all in any balance sheet
Im sorry i didnt understand could u please give me the balance sheet layout starting from net current assets
 
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Im sorry i didnt understand could u please give me the balance sheet layout starting from net current assets

I don't have it currently

just put the value no need of any detail
You can see any marking scheme for reference
examiners don't even check the details
only the values..
 
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If anyone has given 0452/12, can you please tell me if you've taken Goodwill in the Statement of Financial Position in the last question?
 
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it is placed as a non-current intangible asset in balance sheet!
i Don't know that
But how did the balance sheet balance??
with that we can see whether goodwill is included or not

but, i am just happy that i was not in such a "concussion";)

And anyways, i am done with IGCSE's 2014

(y):cool::D
 
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i Don't know that
But how did the balance sheet balance??
with that we can see whether goodwill is included or not

but, i am just happy that i was not in such a "concussion";)

And anyways, i am done with IGCSE's 2014

(y):cool::D
Haha! Same..
They must have prepared the question in such a way for it to balance
:)
How much are you expecting in P2?
 
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