Qualification > Commerce

Accounting Paper 2 Discussion

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$!$RatJumper$!$:
is it possible that Manufacturing, income n expendature and partnership accounts are likely to come for a paper 2 in accounts???

Thankx guys

holtadit:
Yes, very much possible. I suggest u learn every aspect of the syllabus as each topic has an even probability of coming in the exam.

Manufacturing, income n expenditure accounts do come quite frequently but partnerships have a slightl less likelihood of appearing in an exam.

$!$RatJumper$!$:

--- Quote from: Ari Ben Canaan on November 02, 2009, 03:53:22 pm ---Yes, very much possible. I suggest u learn every aspect of the syllabus as each topic has an even probability of coming in the exam.

Manufacturing, income n expenditure accounts do come quite frequently but partnerships have a slightl less likelihood of appearing in an exam.

--- End quote ---

i see.. but i thought that these types will only come in a paper 3... well thats what a friend told me.. anyways.. thankx... ill be sure to study them now :) cheers

$!$RatJumper$!$:
oh and also... could you guys please sum up what is put into a current account and a capital acccount. Just like the things on the debit side and credit side.
Also, what is the diff between a current and capital?
thankx

lastgift:
i have already answered the question in the other thread (all oct/nov 09 discussions here) and as for the current and capital a/c..


for current accnt on debit side u have-(anything which reduces the value of the capital)
drawings and interest on drawings on
 
credit side (which increases the value of the capital)-
interest on capital
salary
profit share (from p/l appropriation a/c)
interest on loan

i wll post a link to make it more clear if i can :D...

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