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« on: November 02, 2009, 03:38:42 PM » |
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is it possible that Manufacturing, income n expendature and partnership accounts are likely to come for a paper 2 in accounts???
Thankx guys
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Ari Ben Canaan
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« Reply #1 on: November 02, 2009, 03:53:22 PM » |
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Yes, very much possible. I suggest u learn every aspect of the syllabus as each topic has an even probability of coming in the exam.
Manufacturing, income n expenditure accounts do come quite frequently but partnerships have a slightl less likelihood of appearing in an exam.
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Jo Jeetha, woh Sikhander.  |
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$!$RatJumper$!$
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« Reply #2 on: November 02, 2009, 03:56:55 PM » |
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Yes, very much possible. I suggest u learn every aspect of the syllabus as each topic has an even probability of coming in the exam.
Manufacturing, income n expenditure accounts do come quite frequently but partnerships have a slightl less likelihood of appearing in an exam.
i see.. but i thought that these types will only come in a paper 3... well thats what a friend told me.. anyways.. thankx... ill be sure to study them now  cheers |
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$!$RatJumper$!$
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« Reply #3 on: November 02, 2009, 04:03:02 PM » |
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oh and also... could you guys please sum up what is put into a current account and a capital acccount. Just like the things on the debit side and credit side.
Also, what is the diff between a current and capital?
thankx
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lastgift
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« Reply #4 on: November 02, 2009, 04:13:54 PM » |
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i have already answered the question in the other thread (all oct/nov 09 discussions here) and as for the current and capital a/c.. for current accnt on debit side u have-(anything which reduces the value of the capital) drawings and interest on drawings on credit side (which increases the value of the capital)- interest on capital salary profit share (from p/l appropriation a/c) interest on loan i wll post a link to make it more clear if i can  ... |
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« Last Edit: November 02, 2009, 04:20:32 PM by lastgift »
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$!$RatJumper$!$
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« Reply #5 on: November 02, 2009, 04:17:58 PM » |
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thankx bro.. that cleared it up btw which other thread is this that ur talkin abt? |
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lastgift
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« Reply #6 on: November 02, 2009, 04:22:23 PM » |
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edited the previous post!! and not "bro"....i shld put a more feminine username i guess!!  |
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« Last Edit: November 02, 2009, 04:31:11 PM by lastgift »
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lastgift
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« Reply #9 on: November 02, 2009, 04:30:23 PM » |
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btw just to give u a clearer idea of the syllabus and the division of it see the checklist....
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There are 1 attachment(s) in this post which you cannot view or downloadRevision_Checklist_for_IGCSE_Accounting_0452_FINAL[1].pdf
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« Reply #10 on: November 02, 2009, 04:33:49 PM » |
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wow thankx a lot for all ur help much appreciated cheers |
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lastgift
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« Reply #11 on: November 02, 2009, 04:38:30 PM » |
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anytime !!! |
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$!$RatJumper$!$
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« Reply #12 on: November 03, 2009, 08:35:08 AM » |
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hey.. in paper 2 may june 2007 q3a), what do u do fr the rent is payable quarterly in advance? please help uurgently!!
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lastgift
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« Reply #13 on: November 03, 2009, 09:59:01 AM » |
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hey..hope m not late.. for rent payable u know that the rent is being payed four time in a year (quaterly) therefore the $ 900 amount is for three months and the ledger account is made only for a month so u divide $900/3 which gives u $ 300 for the current month and the rest $ 600 is carried foward to the next month!! clear??  |
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$!$RatJumper$!$
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« Reply #14 on: November 03, 2009, 10:08:30 AM » |
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hey..hope m not late.. for rent payable u know that the rent is being payed four time in a year (quaterly) therefore the $ 900 amount is for three months and the ledger account is made only for a month so u divide $900/3 which gives u $ 300 for the current month and the rest $ 600 is carried foward to the next month!! clear?? thankx a tun!! ur a real life saviour  lol.. hav u done ur exam btw? |
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