Qualification > Commerce

Accounting HELP !!!

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holtadit:
Okay


Start with P&L charge :15500

Minus amount owing at year end 2500                                      I minus since we are working BACKWARDS

= $13000

THEN add amt. owing at beginning of year 2000

= 15000                Hope you got it :) form a formula with X if you dont get it ;)

contraentry:

--- Quote from: aangel42 on May 23, 2010, 03:28:47 pm ---
i'm going to lose marks on theory :( i just know it :(

--- End quote ---

same here :(

DaaDoo:
Can you tell me which paper that question came from anyway?
I will try and have a go at it now i understnd it better! :)

abdjed2:
In the specimen 2010 paper 1...How do we do Q3 b). I got $590 on the "expected balance..." but the mark scheme says $710.

Please explain..

YNWA:
Accounting Paper 3, M/J 2007 Q2.
The Bad Debt Recovered A/c
The mark scheme says "cash" on the credit side. Should it not be W.Blanco, who is the debtor?

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