Author Topic: all acc doubts here !!  (Read 10082 times)

Offline immortal

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Re: all acc doubts here !!
« Reply #90 on: May 23, 2010, 05:23:46 pm »
same paper may/june04  Q3 A)  how do we get administration amount :$ 63000 (as given in the marking scheme ???
http://www.srepapmaxeeeerf.org/A%20Level/Accounting/CIE/2004%20Jun/9706_s04_ms.pdf   (page 10 )
First sum up da investment made by da partners..(dat is equipment,stock,debtors etc)
deduct da agreed transferred amounts dat is 45000 & 3000
this value is goodwill, which is recorded in Cr side of da a/c
As goodwill is not maintained,write off this goodwill by Dr da same value.
Da only difference is 2  writing off wit da P&L ratio.
Dr Bal b/d of 30000&45000, name it sundries not bal B/d
da difference on both sides is da bal c/d...
 
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Offline meanmich

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Re: all acc doubts here !!
« Reply #91 on: May 23, 2010, 06:13:32 pm »
our igcse paper 1 is tomorrow...thats y i wanted to know

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Re: all acc doubts here !!
« Reply #92 on: May 23, 2010, 06:52:04 pm »
Quote
First sum up da investment made by da partners..(dat is equipment,stock,debtors etc)
deduct da agreed transferred amounts dat is 45000 & 3000
this value is goodwill, which is recorded in Cr side of da a/c
As goodwill is not maintained,write off this goodwill by Dr da same value.
Da only difference is 2  writing off wit da P&L ratio.
Dr Bal b/d of 30000&45000, name it sundries not bal B/d
da difference on both sides is da bal c/d...
 

i got it now !! Thanks :)

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Re: all acc doubts here !!
« Reply #93 on: May 23, 2010, 06:59:28 pm »
  may/june 05   Q3 b)  what is all this i never got it ???

Q2 b ii)  oct/nov 04 !!   

plz help me with these !!   Thanks in advance !!

Offline immortal

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Re: all acc doubts here !!
« Reply #94 on: May 23, 2010, 07:20:25 pm »
Love 2 help u, but got Aict as well, & i'm blank in this subject..
Life is short...so live it to da fullest :)

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Re: all acc doubts here !!
« Reply #95 on: May 24, 2010, 12:37:09 am »
ah ah k any ways so many doubts !!! why m i always with doubts !! :(

best of luck ppl acc paperz up !!! :D

Offline skywalker112233

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Re: all acc doubts here !!
« Reply #96 on: May 24, 2010, 05:58:34 pm »
guyss hw was the paper...? hw did you'll do...? did ur balance sheet tally?

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Re: all acc doubts here !!
« Reply #97 on: May 24, 2010, 09:29:16 pm »
not to discuss in this form before 24 hrs !!!

Offline skywalker112233

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Re: all acc doubts here !!
« Reply #98 on: May 25, 2010, 04:51:42 pm »
now guyss hw was it..?? did any1 balance sheet tally?

Offline dodi23

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Re: all acc doubts here !!
« Reply #99 on: May 25, 2010, 04:56:45 pm »
yea mine did the balance wz 9000!!
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Offline skywalker112233

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Re: all acc doubts here !!
« Reply #100 on: May 25, 2010, 05:05:50 pm »
oh sh*t... wt was ur net profit...?? andd wht did u do in the 2nd quection..?

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Re: all acc doubts here !!
« Reply #101 on: May 25, 2010, 10:05:37 pm »
oh nine thousand  i got some thing around 10*** n 17*** 7 thousand diff :(

Offline aaakhtar19

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Re: all acc doubts here !!
« Reply #102 on: October 30, 2011, 10:42:52 am »
is this forum for A2 or AS only ??

Offline aaakhtar19

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Re: all acc doubts here !!
« Reply #103 on: November 01, 2011, 07:27:12 pm »
i need help
in May June 2011 qp43

Question 1
Trade and other receivables ?? :-\

Offline AminakaRo

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« Reply #104 on: June 25, 2022, 01:33:30 pm »
Hi there and welcome 

I guess I can only sympathise and add ...weve been there and all own the t-shirts....
Keep up with the training and he will come out the other side.