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Recent content by perfect1

  1. P

    LUMS fall 2014 decisions!

    Mathematics, Economics and Accounting.
  2. P

    LUMS fall 2014 decisions!

    Got my acceptance from LUMS last night. My O'Level Grades= 4A*, 5 A's and 3 B's My AS Grades= 3 A's LCAT went average Applied for Economics&Political Science Did not apply for Financial Aid. Good luck to you all :)
  3. P

    Accounting Paper 42.

    My Profit also came to 60,009. Did anyone else get the same figure?
  4. P

    Have an issue in Physics Paper 32. Center messed it up.

    http://www.britishcouncil.org/pakistan-contact-us.htm Call them and complain. They don't reply to emails.
  5. P

    Accounting paper 22 discussions here.

    Can u please post Qs1 please, I just need to check one thing. Thank you...
  6. P

    Accounting paper 22 discussions here.

    The Balancing capital figure were 2,800,000 and 800,000 right?
  7. P

    Accounting paper 22 discussions here.

    And then we had to minus the loan right? If yes, how many marks will I lose if I added the loan?
  8. P

    Accounting paper 22 discussions here.

    [quis te="rizwan abdul razzak, post: 555466, member: 71878"]its wasn't mentioned that the interest on loan has not been accounted for in the P and L. so y do we need to deduct?? He is talking about qs1 (iii)
  9. P

    Accounting paper 22 discussions here.

    Sorry, i meant qs1 :P
  10. P

    Accounting paper 22 discussions here.

    Can you please post the entire paper? Especially paper 1?
  11. P

    Accounting paper 22 discussions here.

    Got the correct capital employed figures, but added the Bank Loan figures :S...How many marks will I lose in that mistake, as the Qs was for 13 marks. Also, what was the maximum profit answer in Qs 3? I got 52,800. What was bussiness X in Qs1 (i)? I wrote that it was the computer manufacturer...
  12. P

    Accounting paper 22 discussions here.

    What were the N.P of Bussiness X and Y in qs 1, and the final capital amount. Also, what was the maximum profit in qs 3
  13. P

    AS ACCOUNTING P12.... howd it go??

    I hope this resolves the issue regarding Qs 4. And regarding qs 13, although I marked it as A myself. I noticed it is "debited in the Income Statement" not credited as it should be. So NP should be overstated.
  14. P

    AS ACCOUNTING P12.... howd it go??

    No it was A, because under the materiality concept stationary expense should be regarded as a complete expense in Operating Expenses. Also, can u tell me ur answers for 13 and 17?
  15. P

    AS ACCOUNTING P12.... howd it go??

    Are u sure about ur answers to 13 and 17?
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