AQA Accounting ACCN2 22nd May 2012 Thread

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  1. amsfrankie1995's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    Ah okay . What did you get as the difference then?
  2. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    unless that was the difference cant remember some people got 46 or somethin, which is crazy, on the profit and loss i got the net profit as 27420, what did you get?

    Accural 660
    Prepayment 1140
    Last edited by Dopey'; 15-05-2012 at 12:11.
  3. amsfrankie1995's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    I got that too
  4. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by amsfrankie1995)
    I got that too
    Top man!
  5. 2801's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    How did you get the prepayment to be 1140?
  6. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    I cant remember the figures :|
  7. ossR's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    I reckon the grade boundaries will be quite high for this exam as it was quite simple. Almost all the questions or similar ones had come up in the last 2 years past papers, so if anyone had gone through the past papers enough times it was simple
  8. grafkja's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (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
    I got exactly the same !
  9. Jack_Smith's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (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 ?
    i deducted it from the bank overdraft but didnt add it to the capital
  10. Jack_Smith's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (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
    it was 10000
  11. yayifications's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    My balance sheet balanced at 59990. :confused:
  12. Ashfak786's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (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
    i think my figure was near that and also im sure it was 10,000
  13. Lankan12's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    i got 29010 net profit and 60440 balance sheet balanced.
  14. Ashfak786's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by Lankan12)
    i got 29010 net profit and 60440 balance sheet balanced.
    I 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.
  15. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by grafkja)
    I got exactly the same !
    sweeeet dudddee
  16. Ashfak786's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by Dopey')
    sweeeet dudddee
    was the 1119 the amount in which you transferred from suspence to trail balance :rolleyes:
  17. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by Ashfak786)
    was the 1119 the amount in which you transferred from suspence to trail balance :rolleyes:
    yes :/

    the suspense account always balances, it would of been easier if they gave us the difference first
    Last edited by Dopey'; 15-05-2012 at 17:34.
  18. yayifications's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by Dopey')
    yes :/
    That figure does look familiar, I think I got that too.
    I only had like 3 or 4 dr entries.
  19. Dopey''s Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by yayifications)
    That figure does look familiar, I think I got that too.
    I only had like 3 or 4 dr entries.
    I had something like that, the thoery bit was abit over the top, marks flying all over the place

    btw did you have alot more entries on CR side?
  20. Ashfak786's Avatar
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    Re: AQA Accounting ACCN2 22nd May 2012 Thread
    (Original post by Dopey')
    yes :/

    the suspense account always balances, it would of been easier if they gave us the difference first
    yes i did that also
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