Qualification > Commerce
Accounting help ???
~ Miss Relina ~:
--- Quote from: mimiswift on May 30, 2011, 11:11:50 pm ---ok...so the qns asks in which situation will bank balance be more than cash book balance
option A say that there are bank charges.....here bank balance reduces..as the bank will charge it....but the cash book will be more as they will only know about this transaction after they receive the bank statement!
get it or do u need more explanation ;D
--- End quote ---
ahhha you mean that the bank takes charges from my account in it so it reduces but my cask book not affected yet as we still donot know is that what u mean :)
Tohru Kyo Sohma:
--- Quote from: Relina on May 30, 2011, 10:48:37 pm ---http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_w05_qp_1.pdf
Q 40 also plz
http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_w05_qp_1.pdf
Q 30
--- End quote ---
qns 40- asks where overhead expenses is least.....for this u need to calculate overhead expenses %.....the formula is gross profit %-Net profit %
Option A - its 17%
Option B- its 15%
Option C- its 18%
Option D- its 19%
so u see overhead expenses % is least in option B
so thats ur answer
qns 30-
obviously its A because current account balance...it will be shown under the capital....and did u notice that all capital accounts have a credit balance...like even capital a/c itself......study the current a/c format....its shows a credit balance b/d
hope u understand!
Tohru Kyo Sohma:
--- Quote from: Relina on May 30, 2011, 11:14:49 pm ---ahhha you mean that the bank takes charges from my account in it so it reduces but my cask book not affected yet as we still donot know is that what u mean :)
--- End quote ---
yes...thats exactly what i mean.
~ Miss Relina ~:
--- Quote from: mimiswift on May 30, 2011, 11:22:29 pm ---qns 40- asks where overhead expenses is least.....for this u need to calculate overhead expenses %.....the formula is gross profit %-Net profit %
Option A - its 17%
Option B- its 15%
Option C- its 18%
Option D- its 19%
so u see overhead expenses % is least in option B
so thats ur answer
qns 30-
obviously its A because current account balance...it will be shown under the capital....and did u notice that all capital accounts have a credit balance...like even capital a/c itself......study the current a/c format....its shows a credit balance b/d
hope u understand!
--- End quote ---
abt the second exam could u plz see my previous posrt i modified it soorry again dear
~ Miss Relina ~:
--- Quote from: Relina on May 30, 2011, 10:48:37 pm ---http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_w05_qp_1.pdf
Q 40 also plz
--- Quote ---http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_w06_qp_1.pdf
Q 30 and 33
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herwe they are second exam plz
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