Qualification > Commerce
da AcCoUnTiNg PaPeR 3 zzz.zzz..zzz
CrEaTuRe_X:
--- Quote from: 7ood on June 01, 2009, 03:25:13 pm ---ey guys wat's up accounting paper 3 was coolie just missed up in the profit and loss i added wages downstairs instead of putting it wiz da cost of goods sold and for the subscriptions account the amount transferred to the income and expenditure was 2500 but on the income and expenditure account itself the adjustment for subscriptions i did it 2300 and that expenses as percentage of sales i subtracted % of gp and np for da depreciation at da question 1 extract from the balance sh*t u just have to add the net book value of the second machine and the first machine subtract one year depreciation and add it wiz the net book value of the second machine and then add the depreciation total for both of them which was 4050 i think then net book value was 16430 i thinkz too
--- End quote ---
What are you talking about man? "äccount the amount transferred to the income and expenditure was 2500 but on the income and expenditure account itself the adjustment for subscriptions i did it 2300" This makes no sense, how can income and exp have 2500 but on the account itself 2300? I think you mean in the subscriptions, the total was 2500, yes, But I checked my answer with the teacher, it was 2200. not 2300. Netbook value, I dont remember, but dont think it was 16430, remember, the 2nd machine was bought on July 1st, I think, so you cant charge dep for whole year, it was 8months (also confirmed with teacher). I did the same thing for the sales percentage as you did.
Monica:
I wanna discuss the paper but its not allowed until 24 hours, but i found the paper not very easy and not very hard, i am an A student in accounts and relating to my standard i found the theory part a bit hard but the rest was ok. :)
I think the curve for this year would be low hopefully because the majority said the paper was tough, just calm down people!! :) :) :)
CrEaTuRe_X:
--- Quote from: Shoshou on June 01, 2009, 05:49:18 pm ---I wanna discuss the paper but its not allowed until 24 hours, but i found the paper not very easy and not very hard, i am an A student in accounts and relating to my standard i found the theory part a bit hard but the rest was ok. :)
I think the curve for this year would be low hopefully because the majority said the paper was tough, just calm down people!! :) :) :)
--- End quote ---
I would seriously think that a person would have a malfunction in their heads if they were still stressing over accounts when you have a cluster *censored* of a paper 2morrow: Economics.
7ooD:
yer i got the confusion in the income and exp how can the two values for subscriptions be different in subscriptions and income account and shoushou fokak el emta7an kheles men zaman wel ppl eli bey2oli matetkalemosh 3ala el paper dol 3obet 3ady 2olili 3amelti eh fel depreciation fel private message if u r still khayefa menohom lol we thanksss ya shoushou for helping me in accounting alotzz ;D ;D ;D ;D ;D ;D rabina yekhaliki le egyptz +repzzzz for u :D
IGCSE hater!:
hey...iz the expenses 15% and 12%?!
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