IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: NotAbod on May 28, 2012, 12:14:08 am

Title: IGCSE ACCOUNTING DOUBTS HERE!!
Post by: NotAbod on May 28, 2012, 12:14:08 am

Post  your IGCSE accounting doubts here.

I'll start:
Specimen 2010, paper 1, question 3b. I've updated the cash book, and got $650 debit balance, and for (b) I got $590, which is different from the mark scheme.

Question paper: http://www.mediafire.com/?zdcwm5hw4ss6gav

in the ms, the answer is $710

Title: Re: IGCSE ACCOUNTING DOUBTS HERE!!
Post by: Alpha on May 28, 2012, 07:31:44 am

I find what you did was right. Expected balance at 30 April, we cannot expect the effect of transactions we know didn't occur. The markscheme offers no explanation. It would be prudent to find a similar question from Cambridge.

Title: Re: IGCSE ACCOUNTING DOUBTS HERE!!
Post by: NotAbod on May 29, 2012, 11:03:59 am

Thanks a lot :)

Title: Re: IGCSE ACCOUNTING DOUBTS HERE!!
Post by: Alpha on June 01, 2012, 06:05:25 am

No worries Abod :)