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Author Topic: IGCSE ACCOUNTING DOUBTS HERE!!  (Read 2133 times)

Offline NotAbod

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IGCSE ACCOUNTING DOUBTS HERE!!
« on: May 28, 2012, 12:14:08 am »
Post  your IGCSE accounting doubts here.

I'll start:
Specimen 2010, paper 1, question 3b. I've updated the cash book, and got $650 debit balance, and for (b) I got $590, which is different from the mark scheme.

Question paper: http://www.mediafire.com/?zdcwm5hw4ss6gav

in the ms, the answer is $710
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Alpha

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Re: IGCSE ACCOUNTING DOUBTS HERE!!
« Reply #1 on: May 28, 2012, 07:31:44 am »
I find what you did was right. Expected balance at 30 April, we cannot expect the effect of transactions we know didn't occur. The markscheme offers no explanation. It would be prudent to find a similar question from Cambridge.
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Offline NotAbod

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Re: IGCSE ACCOUNTING DOUBTS HERE!!
« Reply #2 on: May 29, 2012, 11:03:59 am »
Thanks a lot :)
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Alpha

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Re: IGCSE ACCOUNTING DOUBTS HERE!!
« Reply #3 on: June 01, 2012, 06:05:25 am »
No worries Abod :)
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