Accounting doubts & Queries

[AlphaBeta]

mcq set for a2 practice paper ..... if there is any

 

[panoramafolks]

The following information relates to the non-current assets of a business.
Cost at 1 april 2010 32,000
Accumulated depreciation at 1 april 2010 13,600
Non-current assets purchased in year ended 31 march 2011 7,000
Depreciation charged for the year ended 31 march 2011 4,200
Depreciation is calculated on the reducing balance basis at the rate of 30%. What was the net book value of the assets that were disposed of in the year ended 31 march 2011?
A. 11,400
B. 16,800
C. 18,400
D. 25,400

Hence answer is A.

 

[panoramafolks]

A business purchased a crane for 40,000 on 1 Jan 2008. The crane was depreciated at the rate of 30% per annum using reducing balance method. The crane was sold on 31 dec 2010 for 7,750. a full year's depreciation was charged in the year of disposal. what was the profit or loss on disposal?
A. 3750 loss
B. 3750 profit
C. 5970 loss
D. 5970 profit

Hence ans. is C.

 

[hitler575]

mcq set for a2 practice paper ..... if there is any

I will inbox you the important MCQS list which always have a high chance of being tested in the exam again. Wait couple of days.

 

[hitler575]

S

I don't understand how to do Incomplete Records.
I mean I do know the steps and all,but when it comes to the questions,I fail miserably.
Would you please help me in trying to prepare for them?
Any tips?

I really need help,please someone help me

Sorry for the late response, was going through a hectic schedule. Ill inbox you something which will be a great benefit to you. Wait couple of days.

 

[Sarah Paul]

can u please give me notes on control accounts not the basic abt it and also notes on the concepts please sir hitler575 and the others if u have?

 

[hitler575]

I don't understand how to do Incomplete Records.
I mean I do know the steps and all,but when it comes to the questions,I fail miserably.
Would you please help me in trying to prepare for them?
Any tips?

I really need help,please someone help me

Send me me your email address so that I mail you the notes

 

[Sarah Paul]

can u please give me notes on control accounts not the basic abt it and also notes on the concepts please sir hitler575 and the others if u have?

sir no response?

 

[hitler575]

sir no response?

At the moment I have compiled Single entry notes. You will have to wait for that.

 

[hitler575]

sir no response?

What problems are you facing in control accounts?

 

[panoramafolks]

I will inbox you the important MCQS list which always have a high chance of being tested in the exam again. Wait couple of days.

4 me also a set of MCQ's

 

[hitler575]

4 me also a set of MCQ's

Your Email address?

 

[panoramafolks]

Your Email address?

[email protected]

 

[AlphaBeta]

I will inbox you the important MCQS list which always have a high chance of being tested in the exam again. Wait couple of days.

email address [email protected] hope i get the mcq set n jazakallah

 

[Sarah Paul]

At the moment I have compiled Single entry notes. You will have to wait for that.

ok sir once ur done can u let me know please? thank you so much

 

[Sarah Paul]

What problems are you facing in control accounts?

when the netprofit is given where u have to renew the thing

 

[Sarah Paul]

Send me me your email address so that I mail you the notes

sir can u send it to me too [email protected]
all the notes u have please
coz for A/s im not going class so i hav to self study and the stuff we do in skul isnt that great
so sir can u email me all the acccounting notes for A/S please?
and also the important stuff which will come for the paper?

 

[panoramafolks]

[email protected]

i didnt rec. the mcq set till now.

 

[hitler575]

i didnt rec. the mcq set till now.

Check

 

[panoramafolks]

Check

thx