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gys any guess for acc p2 ..??
plxx i need help..??
plxx i need help..??
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accounts p2...!!1
- Thread starter sundalwahid
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Which topic?
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all..
m stupid .. i didnt did acc in o level n now m doing it in a level ..
m stupid .. i didnt did acc in o level n now m doing it in a level ..
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Sa
As it seems like i dont know anything!
Same here! Ive taken acc in a levels n now im really confused!all..
m stupid .. i didnt did acc in o level n now m doing it in a level ..
As it seems like i dont know anything!
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Account isn't theory, though you need to know the concepts, but it's more practice work, just like Maths. Ask me any past paper question you feel doubt at. I can't explain the whole accounting in here.
http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_s06_qp_2.pdf
Frm this paper 1a. How much is final preference dividend??
Frm this paper 1a. How much is final preference dividend??
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heheh yea ..
chalo dats good i got one of my kind btw r u giving it privateli .??
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hmm thanks yr ... can u explain me evey thing abt issuance chapter...
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$150,000 is to be paid to ordinary share holders while for preferance, you've to pay; $14000
That was easy.
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Issuance? :Shmm thanks yr ... can u explain me evey thing abt issuance chapter...
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sorry .. i meant every thing about shares ..
http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_w08_qp_2.pdf
Q NO 1 HW TO CALCULATE NET PROFIT
Q NO 1 HW TO CALCULATE NET PROFIT
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Use the Capital equation
Closing capital = Opening Capital - Drawings + Additional investments + net profit.
Re-arrange it and you'll get the net profit.
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There are 2 kinds of shares:sorry .. i meant every thing about shares ..
Preference Share and Ordinary Share, Ordinary share holders are the owner of the company, they get a chance to vote in Annual general meeting, while preference share holders are entiled to a certain amount of dividend, though ordinary share holders don't get paid dividend on a fixed rate but it depends upon the profit of the company.
Shares many be redeemable or non-redeemable, but that's only the case with preference shares. Reedemable shares are issued back to the company are a certain time, while non-reedemable are kept until the company dissolves.
Shares have a nominal value called 'par'. They can be issued above the par value and below the par value. But in CIE AS level, only above the par is mentioned. When shares are issued above the par, they are basically issued at premium. For example: If a share is of $1 and it is issued at $1.5 then the extra $0.5 is the share premium. Accounting entry for these are:
Bank 1.50 DR
Share capital 1 CR
Share premium 0.5 CR
could u do this some nd send it to me
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THX A LOT
but hw much will be the opening capital for 2007???same question hw do v calculate fc
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Provide me with the link!