Author Topic: AS accounts doubt plzz help!!!!!!! (Read 2061 times)

RTB · « **on:** May 31, 2010, 05:03:56 pm »

does any1 no may/june 2005 q16???

RTB · « **Reply #1 on:** May 31, 2010, 05:07:16 pm »

plzzz plzz help

immortal · « **Reply #2 on:** May 31, 2010, 05:42:52 pm »

its mcq rit p1

immortal · « **Reply #3 on:** May 31, 2010, 05:46:27 pm »

Its B
2500+4000-500+1000

RTB · « **Reply #4 on:** May 31, 2010, 05:49:25 pm »

no itz wrong da answer is C and i dont know how???

RTB · « **Reply #5 on:** May 31, 2010, 05:52:42 pm »

plzz explain how did u get da answer

immortal · « **Reply #6 on:** May 31, 2010, 09:29:22 pm »

It has 2 b "B" & da MCQ cn b sme times wrong..

exam · « **Reply #7 on:** June 01, 2010, 02:19:01 am »

in the marking scheme answer is B

musu09 · « **Reply #8 on:** June 01, 2010, 04:16:05 am »

the answer is ''b''

how here it is:

assets:
motor vehice+stock cost price+debtors=2500+4000+1000=7500

liabilities:
bank over draft = (500)

answer is 7000

lastgift · « **Reply #9 on:** June 01, 2010, 05:17:25 am »

A business does not keep proper accounting records.
The following information is available at the start of the year.
1 a motor car valued at $2500
2 stocks which cost $4000 with a sale value of $6000
3 bank overdraft of $500
4 a loan to a friend from the business bank account $1000
What is the Capital account balance at the start of the year?
A $5000 B $7000 C $8000 D $9000

Assets= Capital + Liabilities
Therfore, capital= assets-liabilities
= (2500+4000+1000)-(500)
=7000

RTB · « **Reply #10 on:** June 01, 2010, 06:00:35 am »

thanx alot.

musu09 · « **Reply #11 on:** June 01, 2010, 11:15:42 am »

feel free to bother again.

pastyear · « **Reply #12 on:** June 01, 2010, 01:57:14 pm »

I got question too.
O/N 04 paper1 question 26
Pls give explanations and the working.
Thanks

RTB · « **Reply #13 on:** June 01, 2010, 05:14:25 pm »

first find the units sold
units sold= opening stock+production-closing stock=5000+15000-2000=18000
sales 360000
(-)variable cost(10x18000) (180000)
contribution 180000
(-)fixed cost (60000)
profit 120000

profit as per marginal costing = 120000
profit as per absorption costing= (108000) =12000 higher

hope u understood

immortal · « **Reply #14 on:** June 02, 2010, 06:42:22 am »

I hve a doubt 2..
M/J 03 P1 Question(9) da ans in da MS is "B",cn any1 clarify this

://www.xtremepapers.net/CIE/index.php?dir=International%20A%20And%20AS%20Level/9706%20-%20Accounts/&file=9706_s03_qp_1.pdf

also da Q10, how come a single entry is correcting da error..

Thanks in advance,

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