If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

ACA Financial Accounting help needed

smithfield · 2009-06-18 16:11:29

Im trying to do Question 1 from the sample paper 1 Seegar Limited. i dont understand how they arrived at the final figure for property in the balance sheet of €1584 in fact i dont understand how they arrived at all of the final figures

18-06-2009 4:11pm

#1

smithfield

Closed Accounts Posts: 5 ✭

Join Date: June 2009

Posts: 1

Im trying to do Question 1 from the sample paper 1 Seegar Limited.

i dont understand how they arrived at the final figure for property in the balance sheet of €1584 in fact i dont understand how they arrived at all of the final figures

0

Comments

#2 18-06-2009 4:24pm

Mat85

Registered Users, Registered Users 2 Posts: 20 ✭

Join Date: June 2009

Posts: 18

yeah the figures are all wrong ive just done that question the figures dont even tie into the workings so chances are whatever you have come up with yourself are the right figures

0
#3 18-06-2009 4:26pm

smithfield

Closed Accounts Posts: 5 ✭

Join Date: June 2009

Posts: 1

thank you. its such a pain that they dont put up correct solutions

0
#4 22-06-2009 6:56pm

HeinekenTicket

Registered Users, Registered Users 2 Posts: 146 ✭✭

Join Date: May 2009

Posts: 136

In the Seeger question, the final property figure is 1760 and the final F&F figure is 1600, both as per the workings (and the sum of draft column and adjustments column in the balance sheet). If you include the correct 1760 and 1600, you still get 4370 for total non current assets. It's a bit of an exaggeration to say the figures are 'all wrong'.

0