IGCSE Accounting 0452

[uzair shahid]

never give up hope man.....

remember....there are many people who screwed up paper 1.....so the GT will be a bit lower than usual....and also that, in paper 1.....all the hard questions came so paper 2 may be easier....

therefore.....never give away all your hope.....INSHALLAH ALLAH will give us an A*

if u see in paper 1 none of the hard topics came.
all the topics were easy but they turned them into hard questions.

 

[umair1161]

if u see in paper 1 none of the hard topics came.
all the topics were easy but they turned them into hard questions.

but as u said before....not manafacturing accounts on paper 1....that and also that i never anticipated a limited company profit and loss appropriation account as well.....so it was a bit shocking and all.....

though i do have a question..... if a topic has come in paper 1.....does it guarantee it from NOT coming in paper 2??

Thanks in advance!

 

[Abdul Basit Arif]

Can someone explain 5D why understated not overstated !!!!
http://papers.xtremepapers.com/CIE/Cambridge IGCSE/Accounting (0452)/0452_s12_qp_23.pdf
http://papers.xtremepapers.com/CIE/Cambridge IGCSE/Accounting (0452)/0452_s12_ms_23.pdf

What r u talking abt profit or capital??

 

[Abdul Basit Arif]

Can someone explain 5D why understated not overstated !!!!
http://papers.xtremepapers.com/CIE/Cambridge IGCSE/Accounting (0452)/0452_s12_qp_23.pdf
http://papers.xtremepapers.com/CIE/Cambridge IGCSE/Accounting (0452)/0452_s12_ms_23.pdf

If u
r talking abt profit first check the date mentioned it is 31 Dec 2012 so the closing inventory of 2012 will become the opening inventory of the next year which will increase the cost of goods sold and understate the profit

 

[Gehad Mohamed]

If u
r talking abt profit first check the date mentioned it is 31 Dec 2012 so the closing inventory of 2012 will become the opening inventory of the next year which will increase the cost of goods sold and understate the profit

Yea I meant the profit
Thanks alot

 

[ashvvay]

question 4 b says Calculate the corrected surplus for the year ended 31 March 2012
so the surplus is wrong and we r correcting it !

while preparing the income statement 300 was suppose to be subtracted from total insurance. thus it wud increase the profit. so while correcting the surplus. YOU ADD.

 

[Rahma Abdelrahman]

Got only time for 1 paper 2 exam, which year's paper do u suggest I do?

 

[moon]

I have got a question... May l June 2011 paper 2 variant 1 Q4
it's asked to prepare a receipt and payment account for the year ended 28 Feb 2011....
in the mark scheme subscriptions paid in 2012 have been added although it stated in the question year ended 28 Feb 2011....
Any idea why the value was included

 

[Abdul Basit Arif]

I have got a question... May l June 2011 paper 2 variant 1 Q4
it's asked to prepare a receipt and payment account for the year ended 28 Feb 2011....
in the mark scheme subscriptions paid in 2012 have been added although it stated in the question year ended 28 Feb 2011....
Any idea why the value was included

Read the question properly the information is provided on 28 feb 2011 so it means all the amounts are paid in the current financial year and will be included in the receipts and payments account

 

[moon]

Read the question properly the information is provided on 28 feb 2011 so it means all the amounts are paid in the current financial year and will be included in the receipts and payments account

it,s okay fine thanks alot I finally got it

 

[arindam katoch]

Will paper 11 gt be low?

 

[itsme2012]

what did u ppl get for the bad debts, discount received and disposal ?
was it sth lyk ? :
bad debts = 300
d.r = 400
disposal 3000 ??

in depreciation sum... for the sold asset (i guess motor vehicle ) the dep is 2000 ryt???

 

[itsme2012]

i saw 205.
anyways its always almost 82-86%

which grade threshold?? this may june 2013??

 

[Rahma Abdelrahman]

What's the double entry for provision for bad debts?

 

[uzair shahid]

in depreciation sum... for the sold asset (i guess motor vehicle ) the dep is 2000 ryt???

3000.

 

[itsme2012]

how 3000??? its 9000-1000/4

 

[mak kings]

how 3000??? its 9000-1000/4

v had 2 caculate fr that half year also...... i gt it wrong

 

[itsme2012]

but isn't it... no dep in the year of disposal??

 

[ThisMeansWar]

look man....remember, we always have paper 2.....dont worry, i know you'll ace it!

You were right! My P2 went great!!

 

[mak kings]

mine 2 ... it went so awesome.... except the journal 1!!