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Aqa accounting unit 3 and 4 June 2016

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Original post by Middriver
I think I got 12025 can you remember what your stolen goods/cash were?


Stolen cash was £900 I think??
Original post by Krskajsjaj
Stolen cash was £900 I think??


Yeh I got £900
For the cash flow did anyone get around £43000 for increase. Not too sure if I did share capital/dividends correctly but I think I got the rest right
Original post by Krskajsjaj
Stolen cash was £900 I think??


Stolen goods 2600? Or 2400 something like that?
Reply 64
Avatar for kkangh
kkangh
900 as well
Original post by Middriver
Stolen goods 2600? Or 2400 something like that?


Yeah something like that
Anyone get £225,000 revenue?
Original post by Krskajsjaj
Yeah something like that


Nice one not sure where where we went different for the gen expenses then 🤔🤔.
Original post by Muhammad_AK
Anyone get £225,000 revenue?


Yeah can you remember your purchases? 141k or something? 43k closing inventory?
Original post by Middriver
Yeah can you remember your purchases? 141k or something? 43k closing inventory?


I don't think I got 43k for closing, did you use the average stock inventory turnover ratio? Also don't think I got the purchase figure of 141k
Original post by Muhammad_AK
I don't think I got 43k for closing, did you use the average stock inventory turnover ratio? Also don't think I got the purchase figure of 141k


Yeah I did it with the revenue instead of cost of sales, I did it with cost of sales first and it looked fked whoops 🔫
Original post by Middriver
Yeah I did it with the revenue instead of cost of sales, I did it with cost of sales first and it looked fked whoops 🔫


The formula is: COS / Average stock inventory turnover x2 - opening = closing
How did you use your revenue figure
Original post by Muhammad_AK
The formula is: COS / Average stock inventory turnover x2 - opening = closing
How did you use your revenue figure


225000/ (4/3) for cost of sales.
Deffo wasn't a negative cash flow, what a **** paper
I didn't even include general expenses my numbers were too dodgy, and had no clue how to work out closing so made it up lol, kissing goodbye to my A💩
What did everyone get for the cash and cash equivalents at end of the year for task 4
Original post by lukementon
What did everyone get for the cash and cash equivalents at end of the year for task 4


10025 Positive i think its wrong though what did you get?
How do people feel about task 3? Did anyone get decimals? a lot of people were saying they got decimals
What did people get for the AVCO and FIFO inventory valuation?
Reply 79
Avatar for df2397
df2397
14
Original post by Muhammad_AK
Yeh I got £900


Yeah I got 900

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