Author Topic: Accounts p1 doubts here!  (Read 20387 times)

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #45 on: June 02, 2011, 10:46:55 pm »
anyone there??????? ??? ???
or i shud lose hope  :P :P
dont lose hope....we're here...never fear ;D

Offline Crooked

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Re: Accounts p1 doubts here!
« Reply #46 on: June 02, 2011, 10:48:20 pm »
Good job, Mimi.

Yuh need to understand that we've got exams too, mate. So, never expect answers right. We try our best to help members, yeah. :D

And yes, never lose hope. =]
<3 La Ilaha Illa-Allah Muhammad Rasul Allah. <3

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #47 on: June 02, 2011, 10:53:11 pm »
Thanks alot @mimiswinft
and @ crooked

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #48 on: June 02, 2011, 10:56:50 pm »
Thanks alot @mimiswinft
and @ crooked
ur welcome!

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #49 on: June 02, 2011, 10:57:23 pm »
can u compare
these two mcq's they r similar
but ms has use different approach for them

MJ 09 q9
MJ 03 q10

By the way Thanks for makin me hopefull  :P :P

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #50 on: June 02, 2011, 10:58:59 pm »
Good job, Mimi.

Yuh need to understand that we've got exams too, mate. So, never expect answers right. We try our best to help members, yeah. :D

And yes, never lose hope. =]
@crooked-thanx....@newbie-i have my exam too!
but dont worry!i ll try to help as much as possible

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #51 on: June 02, 2011, 11:02:56 pm »
can u compare
these two mcq's they r similar
but ms has use different approach for them

MJ 09 q9
MJ 03 q10

By the way Thanks for makin me hopefull  :P :P
aww...i think im gonna cry...i dont get it either!

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #52 on: June 02, 2011, 11:07:45 pm »
tell me when the q states
find the total share of profit fro a partner

then do we need to add interest on loan provided
bi that partner???

n also is dividend yield included in AS
if so then wts its formulae??
Thanks in advance

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #53 on: June 02, 2011, 11:13:42 pm »
tell me when the q states
find the total share of profit fro a partner

then do we need to add interest on loan provided
bi that partner???

n also is dividend yield included in AS
if so then wts its formulae??
Thanks in advance
i dont think dividend yeild is in AS level......bt just check the sylabbus once.....u need to add interest on loan,cap and salary and deduct drawing and interest on drawings....just like a current a/c

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #54 on: June 02, 2011, 11:21:35 pm »
i dont think dividend yeild is in AS level......bt just check the sylabbus once.....u need to add interest on loan,cap and salary and deduct drawing and interest on drawings....just like a current a/c

bt it has came in nov 09, mj 10, nov 10 etc.....
any ways
when development cost in capitalised which principle is applied
ms states matching bt i didnt get that

nd wt is semi variable cost ?? MJ 05 25 mCQ

Offline Tohru Kyo Sohma

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Re: Accounts p1 doubts here!
« Reply #55 on: June 02, 2011, 11:25:52 pm »
bt it has came in nov 09, mj 10, nov 10 etc.....
any ways
when development cost in capitalised which principle is applied
ms states matching bt i didnt get that

nd wt is semi variable cost ?? MJ 05 25 mCQ
according to my teacher....she said its not in our portion...the syllbus changed at bit this year.......pls dont ask me accounting concepts...because i really have no idea either...semi variable means partially fixed and partially variable.

Offline Crooked

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Re: Accounts p1 doubts here!
« Reply #56 on: June 02, 2011, 11:32:32 pm »
bt it has came in nov 09, mj 10, nov 10 etc.....
any ways
when development cost in capitalised which principle is applied
ms states matching bt i didnt get that

nd wt is semi variable cost ?? MJ 05 25 mCQ
It's not really there in the syllabus but those jerks can ask whatever they want to. So yuh need to be prepared.

I'll give yuh and eg to clear yer misconception. I've spent $5000 on a building which will be built in 5 yrs. In the first yr, foundation is made. 2nd yr, the construction is being done and on and on. Now, i can't show in my financial statements of the 0 yr that i've incurred 5000 of cost. So i'll divide it into 5 yrs. 1000 per yr and include it in my Financial Statement. Understood ?

Semi variable cost is like yer telephone bill. Yuh'll have to pay a certain amount if yuh use it or not. The longer yer calls, the more yer bill. The cost of making a call is yer variable cost. So yeah, that's about it.
<3 La Ilaha Illa-Allah Muhammad Rasul Allah. <3

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #57 on: June 02, 2011, 11:32:53 pm »
according to my teacher....she said its not in our portion...the syllbus changed at bit this year.......pls dont ask me accounting concepts...because i really have no idea either...semi variable means partially fixed and partially variable.

hope ur teacher ix rite  :P :P
Thanks alot for ur help
gud luck 4 tomorrow

The only problem i m having ix this
Speciman paper, even i hv completely solved it but still its too difficult
iff ppr gonna b of this difficulty then i'll be hell in exam hall :P :P

by da way where can we discuss the paper after 24 hrs
i mean is there any other forum or same one

Offline Crooked

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Re: Accounts p1 doubts here!
« Reply #58 on: June 02, 2011, 11:34:54 pm »
Try solving more papers. Don't give up yet. Yuh need to practise more.

Yuh can search fer threads with the name of the exam and can discuss it then. But yeah, right after 24 hrs.
<3 La Ilaha Illa-Allah Muhammad Rasul Allah. <3

Offline aaakhtar19

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Re: Accounts p1 doubts here!
« Reply #59 on: June 02, 2011, 11:36:37 pm »
It's not really there in the syllabus but those jerks can ask whatever they want to. So yuh need to be prepared.

I'll give yuh and eg to clear yer misconception. I've spent $5000 on a building which will be built in 5 yrs. In the first yr, foundation is made. 2nd yr, the construction is being done and on and on. Now, i can't show in my financial statements of the 0 yr that i've incurred 5000 of cost. So i'll divide it into 5 yrs. 1000 per yr and include it in my Financial Statement. Understood ?

Semi variable cost is like yer telephone bill. Yuh'll have to pay a certain amount if yuh use it or not. The longer yer calls, the more yer bill. The cost of making a call is yer variable cost. So yeah, that's about it.

hey Thanks that was helpful
can v use ths formulae for dividend yield:

(rate of dividend * face val)/market price of share * 100