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Can anyone recommend any good book for A-Level Accounting and Business Studies
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http://www.cie.org.uk/programmes-an...l/?filter=keyword:121|7941||resource_format|#Can anyone recommend any good book for A-Level Accounting and Business Studies
Hi everyone, AsSalamoAlaikum Wr Wb...
To get things organized in a better way, I am making this thread. As othewise, some queries remain unanswered!
So post your AS/A2 Accounts, Business or Economics doubts in this thread. InshaAllah other members around will be there to help you.
NOTE: If any doubts in the pastpapers, please post the link!
Regards,
XPC Staff.
Hello!We can help each other out..I'm giving A level ACCOUNTING AND BUSINESS STUDIES this may....What say??Can anyone recommend any good book for A-Level Accounting and Business Studies
https://www.dropbox.com/s/zlbcvos0nke1038/CFS.jpg?dl=0
Help for a CashFlow statement pleeeeaaassseeeeeeeee indirect method
Not sure if there is any mistake for some digits but pleaassseeeeee heeeellllppppppp :"(
Thaanks! Its still not balancing.there is no mistake in question.... make sure ur workings are correct....for example tax paid when calculated will be 17500000(17.5), may be u have written 175000000(175). u can ask again if any doubt....
https://www.dropbox.com/s/zlbcvos0nke1038/CFS.jpg?dl=0
Help for a CashFlow statement pleeeeaaassseeeeeeeee indirect method
Not sure if there is any mistake for some digits but pleaassseeeeee heeeellllppppppp :"(
ThanksGoodwill for titus = 15000 (20,000+10,000=30,000 but value of business is 45,000 so goodwill 15,000)
Goodwill for Ronicus = 2900 (5000+6000+14000+4700-2600= 27100 but value of business is 30,000 so goodwill is 2900)
this is only calculation of goodwill, to write off, use new sharing i-e 45000 and 30,000
Hello guys..
I need some help in Accounting (depreciation question) Paper 23 question 2c. May/June 2014
The calculation of the depreciation rate for motor vehicles
as we know that in reducing balance method dep. charge is on NBV & to get a NBV we will subtract A.dep from Cost of An Asset.
In this particular scenario cost is 700 and A.dep is 200 before charging this year dep. so NBV is 700 - 200 = 500
now simple formula:
NBV * rate of dep. = Dep. charge for this ear.
500 * x = 100
So x = 100/500
x = 0.20 to convert into percentage * 100 = 20 %
to confuse examiner has added this year dep. charge also in A.dep and gave u closing NBV that is after dep. not before this year dep.
Hope u understand
Thank you very much.
I got it but the thing I was trynna work out was if it is 20% then the accumulated depreciation should sum up to 200 right ?
Thanksopening accumulated depreciation is 200 but when u will find out dep. for this year i-e 100 then it will become 200 + 100 = 300 & in SOFP u have to subtract this 300(closing accumulated dep.) from Cost of vehicle... Hope i answer ur question
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