- Messages
- 1,328
- Reaction score
- 3,317
- Points
- 273
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w05_qp_1.pdf Q18 19 23 and 30
Pls help
I hate zccounting :/ :/ :/
Pls help
I hate zccounting :/ :/ :/
We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
Click here to Donate Now (View Announcement)
Q18 A .. most flexible form = first capital reserves(revaluaion and share premium ) then revenue reserves(p/l a/c)http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w05_qp_1.pdf Q18 19 23 and 30
Pls help
I hate zccounting :/ :/ :/
The old papers are harder than new papers ryt?
Q18 A .. most flexible form = first capital reserves(revaluaion and share premium ) then revenue reserves(p/l a/c)
Q23) x = 200,000 + 18000 - 26000David Hussey @::A^
View attachment 40279
according to IAS 10 we hav to include proposed dividend as a note but here the answer is B
View attachment 40280
and how to do this ?
btw this is may june 2011 ppr 32
David Hussey @::A^
View attachment 40279
according to IAS 10 we hav to include proposed dividend as a note but here the answer is B
View attachment 40280
and how to do this ?
btw this is may june 2011 ppr 32
Q12) should be ADavid Hussey @::A^
View attachment 40279
according to IAS 10 we hav to include proposed dividend as a note but here the answer is B
View attachment 40280
and how to do this ?
btw this is may june 2011 ppr 32
Whats the correct formula to find net debts ??this formula didnot work for
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w10_qp_42.pdf
Question 2 Part C)
Should we not put the current liabilities as short term Debt ??
David Hussey
That is correct but that dividend is not given in the notes to account. The proposed dividend is given in notes to account, if I am not wrong?for the first question
All the dividends payable within the financial year are recorded.... this includes all dividends payable within the year 1 April 2009 -31 May 2010.
so the ans. is 100+50 = 150 and ans. is B.
for the second question
production = sales + closing inventory - opening inventory
= 200000 + (200000 * 9%) - 26000
= 192000 so the ans. is B.
And also why the tariff might not be effective in helping to correct the current account deficit?
Hw can tariffs raising revenue fr the government help to correct the current account deficit?
What are the benfits of tariffs which helps to reduce the current acc deficit?
Quickly
Tariff is an amount of indirect tax placed upon the imported goods and services. It is a measure of protectionism and thus creates the imports expensive. This leads to fall in the quantity demanded for Imports. (Law of Demand)What are the benfits of tariffs which helps to reduce the current acc deficit?
Quickly
Tariff might not be effective in remedial of current account because some goods tend to posses in-elastic Price elasticity of demand. Even when the price rises of imported goods and services, the quantity demanded would be very in significant.And also why the tariff might not be effective in helping to correct the current account deficit?
Hw can tariffs raising revenue fr the government help to correct the current account deficit?
Tariff is an amount of indirect tax placed upon the imported goods and services. It is a measure of protectionism and thus creates the imports expensive. This leads to fall in the quantity demanded for Imports. (Law of Demand)
Tariff might not be effective in remedial of current account because some goods tend to posses in-elastic Price elasticity of demand. Even when the price rises of imported goods and services, the quantity demanded would be very in significant.
Here is the diagram for tariff.
View attachment 40285
It would be effective when the PED of imports is Elastic. The purpose of tariff is not to generate revenue for the government but to act as a protectionism against the misuse of trade. When tariff is imposed, the demand for imported goods and services would fall leading to lower volume of imports. When import is lower and export is higher, the balance of payment would turn surplus. It would, however, be only effective when government supports and encourages exporters and regulates them so that high quality product is produced. Or else, the tariff policy would fail.Thanks by the way can u list a few poits hw tariff wud be effective in hw it will help to correct the current account balance?
One thnig dumping , then about the domestic producers can increase their output and wud start exporting. Any other points?
For almost 10 years, the site XtremePapers has been trying very hard to serve its users.
However, we are now struggling to cover its operational costs due to unforeseen circumstances. If we helped you in any way, kindly contribute and be the part of this effort. No act of kindness, no matter how small, is ever wasted.
Click here to Donate Now