Qualification > Commerce

Accounting Paper 2 Discussion

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Alpha:

--- Quote from: lastgift on November 03, 2009, 02:26:00 pm ---If you reduve drawings then ur working capital is likely to 'increase'!! :)

so how was the paper?? ::)

--- End quote ---

Why? How?

Cash Drawings will not affect, depending upon the structure in which the question has been set.

Drawings of goods will be deducted from Purchases, still depending upon the question, which is normally the case.

Can you be more explicit?

$!$RatJumper$!$:

--- Quote from: ~Alpha on November 04, 2009, 12:44:51 pm ---Why? How?

Cash Drawings will not affect, depending upon the structure in which the question has been set.

Drawings of goods will be deducted from Purchases, still depending upon the question, which is normally the case.

Can you be more explicit?

--- End quote ---

what did u answer Alpha?? I said "no effect" in the exam :P lol

Alpha:
Hehe...
My mind is BLANK....LOL  :P

Which question, if you remember still?  ;)

$!$RatJumper$!$:
haha umm... it was the one where it said tick if its an increase, decrease or no effect on working capital if drawings are decreased...

Alpha:
No Effect  :)

Thanks for refreshing...lol  ;D

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