AQA Accounting ACCN2 22nd May 2012 Thread
Accounting and finance discussion, revision, exam and homework help.
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Re: AQA Accounting ACCN2 22nd May 2012 ThreadI got exactly the same !(Original post by Dopey')
I got something like 89,670 and 1,119 for suspense, suspense annoyed me though cos they didnt give you the difference so you had to work it out
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Re: AQA Accounting ACCN2 22nd May 2012 Threadi deducted it from the bank overdraft but didnt add it to the capital(Original post by shazia.s)
I managed to balance mine
.. I thought it was pretty straightforward .. do you forget to add the 1000 to capital ..and deduct it from the overdraft ?
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Re: AQA Accounting ACCN2 22nd May 2012 Threadit was 10000(Original post by Dopey')
1,000? i hope not, i read it as 10,000
I got it to balance at like 58,550 or somthing like that -
Re: AQA Accounting ACCN2 22nd May 2012 Threadi think my figure was near that and also im sure it was 10,000(Original post by Dopey')
1,000? i hope not, i read it as 10,000
I got it to balance at like 58,550 or somthing like that -
Re: AQA Accounting ACCN2 22nd May 2012 ThreadI think everyone's balance sheet would balance as long as they added the accrual to expense and to current liability, and took the prepayment away from expense and add it on too current assets. I think the marks was for who worked out the correct accrual and prepayments, not sure.(Original post by Lankan12)
i got 29010 net profit and 60440 balance sheet balanced. -
Re: AQA Accounting ACCN2 22nd May 2012 Threadyes :/(Original post by Ashfak786)
was the 1119 the amount in which you transferred from suspence to trail balance
the suspense account always balances, it would of been easier if they gave us the difference firstLast edited by Dopey'; 15-05-2012 at 17:34. -
Re: AQA Accounting ACCN2 22nd May 2012 ThreadThat figure does look familiar, I think I got that too.(Original post by Dopey')
yes :/
I only had like 3 or 4 dr entries. -
Re: AQA Accounting ACCN2 22nd May 2012 ThreadI had something like that, the thoery bit was abit over the top, marks flying all over the place(Original post by yayifications)
That figure does look familiar, I think I got that too.
I only had like 3 or 4 dr entries.
btw did you have alot more entries on CR side? -
Re: AQA Accounting ACCN2 22nd May 2012 Threadyes i did that also(Original post by Dopey')
yes :/
the suspense account always balances, it would of been easier if they gave us the difference first
. What did you get as the difference then?
.. I thought it was pretty straightforward .. do you forget to add the 1000 to capital ..and deduct it from the overdraft ?
