Author Topic: Accounting help ???  (Read 24632 times)

Offline Dasith

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Re: Accounting help ???
« Reply #105 on: June 05, 2011, 04:23:40 pm »
yea when u substract all liabilities from asssts wat u r left with is only the Capital + reserves :D

& u r welcome :D
I would love to change the world, but they won't give me the source code. ;)

Offline ShiningStar

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Re: Accounting help ???
« Reply #106 on: June 05, 2011, 04:31:02 pm »
yea when u substract all liabilities from asssts wat u r left with is only the Capital + reserves :D

& u r welcome :D
But I've just checked the syllabus and found out that it said Capital Employed = Owner's Capital + long term liabilites
So in the limited companies instead of the Owner's Capital it is Capital+Reserves
Check it out
http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_y11_sy.pdf
and Can You Please tell from where did you get this New Definition Assets-Liabilites???
Thank Youu Again :)

Offline Dasith

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Re: Accounting help ???
« Reply #107 on: June 05, 2011, 04:46:29 pm »
I would love to change the world, but they won't give me the source code. ;)

Offline Dasith

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Re: Accounting help ???
« Reply #108 on: June 05, 2011, 04:51:55 pm »
But I've just checked the syllabus and found out that it said Capital Employed = Owner's Capital + long term liabilites
So in the limited companies instead of the Owner's Capital it is Capital+Reserves
Check it out
http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_y11_sy.pdf
and Can You Please tell from where did you get this New Definition Assets-Liabilites???
Thank Youu Again :)

does it say in the syllabus that capital employed is different in companies ??
I would love to change the world, but they won't give me the source code. ;)

Offline ShiningStar

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Re: Accounting help ???
« Reply #109 on: June 05, 2011, 05:07:53 pm »
does it say in the syllabus that capital employed is different in companies ??

No It says it is the same for all companies.
Anyway, Thank You So Much :)

Offline Tohru Kyo Sohma

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Re: Accounting help ???
« Reply #110 on: June 09, 2011, 12:10:45 pm »
my cousin's doubt
may/june 2006 p3 qns 3 balance sheet?