Advertisement
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.
Current status: https://keepboardsalive.com/
Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
If we do not hit our goal we will be forced to close the site.
Current status: https://keepboardsalive.com/
Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum
Private Group for paid up members of Boards.ie. Join the club.
Private Group for paid up members of Boards.ie. Join the club.
** LC accounting 2014 - predictions , discussion, etc **
Comments
-
-
-
-
-
-
Advertisement
-
-
-
-
-
Publishedjellytots95 wrote: »I know this is probably a stupid question but could someone tell me which sections are q 8 and which are q 9
All the costings are q8, the budgets are q9.
I need to start studying accounting
already know controls, suspense and reval. Just gotta go over club, service, firm, cash flow, all budgets and costings and MAYBE ratios just to be covered. 0 -
Advertisement
-
-
PublishedYou know when youre doing suspense, in the marking schemes sometimes they put in like 2 figures for debtors or something in the general journal with separate marks for each, I always just balance it off
do I lose marks for this? and how do I know what to put in separately 0 -
TabularYou know when youre doing suspense, in the marking schemes sometimes they put in like 2 figures for debtors or something in the general journal with separate marks for each, I always just balance it off do I lose marks for this? and how do I know what to put in separately
i think you get the same marks for putting them together, thats what our teacher says anyway 0 -
Publishedjellytots95 wrote: »i think you get the same marks for putting them together, thats what our teacher says anyway
awh grand, thanks a mill 0 -
PublishedYou know when youre doing suspense, in the marking schemes sometimes they put in like 2 figures for debtors or something in the general journal with separate marks for each, I always just balance it off do I lose marks for this? and how do I know what to put in separately
If you look a bit more at the pattern, it's only when a payment is made and subsequently cancelled that they enter it twice. Every other time they just enter the balance.0 -
-
-
PublishedHey,could anyone help me out, what are the main points you should include in your answer for the theory in club or service firm 100mrks? For any of the questions would be great thanks!!!
Posted a big chunk of theory a few pagers back
private debt of 600 owed to cooke offset against a businsess debt of 550
Can anyone help with this, I would do it
Capital CR 600
Creditor DR 550
Discount DR 50
But the marking scheme has
Capital Cr 550
Creditor Cr 550
I dont understand why?0 -
CashflowPosted a big chunk of theory a few pagers back
private debt of 600 owed to cooke offset against a businsess debt of 550
Can anyone help with this, I would do it
Capital CR 600
Creditor DR 550
Discount DR 50
But the marking scheme has
Capital Cr 550
Creditor Cr 550
I dont understand why?
I think it shud b ur way! Maybe its a mistake in the marking scheme.0 -
-
Advertisement
-
TabularPosted a big chunk of theory a few pagers back
private debt of 600 owed to cooke offset against a businsess debt of 550
Can anyone help with this, I would do it
Capital CR 600
Creditor DR 550
Discount DR 50
But the marking scheme has
Capital Cr 550
Creditor Cr 550
I dont understand why?
There's some rule that you don't include the full amount of the capital introduced if its greater than the debt.0 -
PublishedSaskatchewan wrote: »There's some rule that you don't include the full amount of the capital introduced if its greater than the debt.
ohhh ok i think that makes sense, thank you 0 -
-
-
Osmosis Jones wrote: »Return on capital employed?
If so it's net profit before interest and tax, all over capital employed, by 100
Thanks How would I find out what the interest was to deduct it? 0 -
CashflowPosted a big chunk of theory a few pagers back
private debt of 600 owed to cooke offset against a businsess debt of 550
Can anyone help with this, I would do it
Capital CR 600
Creditor DR 550
Discount DR 50
But the marking scheme has
Capital Cr 550
Creditor Cr 550
I dont understand why?
Because the private debt is larger the discount is on the private debt. The business doesn't get the benefit of the discount, the owner does. So in reality the owner only put in 550 in capital, not 600. As a general rule if the private debt is larger, no discount0 -
Publishedrichardh330 wrote: »Pretty sure I'll be covered with this:
Sole Trader / Company
Club, Service, Tabular, Cash Flow, Suspense (little bit of ratios)
Marginal (+Absorption and Flexible), Job Costing, Production Budget
Pretty much nothing from last year!
tabular came up last year? its never come up 2 years in a row before
0 -
-
TabularCalvin Leong wrote: »Anyone gonna cover published accounts? I'm not sure if it's worth the time.....
Ive covered 60 mk published therell hardly be a 100 mk question two years in a row id say 0 -
Advertisement
-
Tabularsallycoolgal wrote: »tabular came up last year? its never come up 2 years in a row before
Neither has club but people are predicting that thatll come up again too 0
Advertisement