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Author Topic: accounting doubts here  (Read 1625 times)

Offline IGCSE hater!

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accounting doubts here
« on: May 21, 2010, 07:01:45 pm »
i dont understand incomplete records
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Monica

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Re: accounting doubts here
« Reply #1 on: May 22, 2010, 12:09:22 am »
You don't understand what exactly?

Check this : http://basiccollegeaccounting.com/revision-notes-on-incomplete-records/ and the attached file.
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Offline IGCSE hater!

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Re: accounting doubts here
« Reply #2 on: May 22, 2010, 02:35:02 pm »
heyyy thanxxxxx :D
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Offline IGCSE hater!

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Re: accounting doubts here
« Reply #3 on: May 23, 2010, 08:21:22 am »
but you know istill cant solve any questions on it..
dats bcuz i dont get how they calculaqte sales..they use the bank balance and everything which i just dont get. PLS help
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Offline mik_92

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Re: accounting doubts here
« Reply #4 on: May 23, 2010, 03:30:14 pm »
is there a specimen paper for as level accounting cie (9706) for this year. If so can sum 1 please link me. :D Thanks and gud luck for all ur exams.
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Monica

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Re: accounting doubts here
« Reply #5 on: May 23, 2010, 03:32:34 pm »
Quote from: IGCSE hater! on May 23, 2010, 08:21:22 am
but you know istill cant solve any questions on it..
dats bcuz i dont get how they calculaqte sales..they use the bank balance and everything which i just dont get. PLS help

Post a question from pastpapers and I will try solving it.

@mik_92 check freeexampapers.com, IGCSE sectio, accounting.
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Offline immortal

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Re: accounting doubts here
« Reply #6 on: May 23, 2010, 04:12:22 pm »
Quote from: Shoshou..Mony on May 23, 2010, 03:32:34 pm
Post a question from pastpapers and I will try solving it.

@mik_92 check freeexampapers.com, IGCSE sectio, accounting.
Oki den solve...
O/N05 p-2  question a on costing :)
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Life is short...so live it to da fullest :)

Offline meanmich

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Re: accounting doubts here
« Reply #7 on: May 23, 2010, 04:41:03 pm »
hey i wanted to know whether we should be having a balance b/d and balance c/d for a suspense account??
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Monica

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Re: accounting doubts here
« Reply #8 on: May 23, 2010, 07:12:43 pm »
Quote from: immortal on May 23, 2010, 04:12:22 pm
Oki den solve...
O/N05 p-2  question a on costing :)

The one we get "bank" balance?

Okay, now you know that Asset= Liabilities+capital

so to get the bank balance we will Debit side -Credit side = Bank

Just add up all the Dr and add up all the Cr then subtract them from each other and at the end you will get the bank which is 43 000
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