Author Topic: acc as level (Read 2666 times)

exam · « **Reply #15 on:** May 25, 2010, 02:37:35 pm »

even the ques in which u had 2 find out sales 4 the given profit the answers were in decimals right ??

it does have in many past papers !

immortal · « **Reply #16 on:** May 25, 2010, 02:53:28 pm »

well i got a decimal ans..
X*35%-90000=100000
sales=542857
I think v should round it off,r v might loose marks..

exam · « **Reply #17 on:** May 25, 2010, 02:56:26 pm »

oh thats how u get it !!!! hmm didnt know that i used unitary method $:-\$

unknown · « **Reply #18 on:** June 05, 2010, 01:04:41 pm »

hmm srry fr l8 rply
i finaaly found d lodgement q
its in p1 06jun n p1 nov04
hm ya 1 more help hm can u explain me few more things
1.meaning of uncleared bankin
2.standin order shown on bank statement (not in cash book) meaning

sry fr bothering u n thx in advance

exam · « **Reply #19 on:** June 05, 2010, 05:04:08 pm »

arent u done with acc

unknown · « **Reply #20 on:** June 08, 2010, 09:37:17 am »

nop i hv oct nov session

exam · « **Reply #21 on:** June 08, 2010, 10:57:22 am »

2 standing statement : it is something like u give standing orders to ur bank once n for all n every month they specific amount is paid or cut from ur bank acc without informing u !
eg u give a standing order to pay rent for a land = $50
now every month ur bank will pay $50 with out u telling them to , so ur cash book doesn't have that record but ur bank statement has !

hope u get this

exam · « **Reply #22 on:** June 08, 2010, 11:06:58 am »

1 unclear banking : Checks and drafts that have been deposited by a bank's customer but have not completed the bank's clearing cycle: either they have not been paid by the drawee bank or the proceeds have not been credited to the customer's account. Also called uncollected funds or uncollected items.

hope this is what u are looking 4

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