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    (Original post by Vampstar)
    For May 2012, question 2, for drawing in October, when I do 10% of 16000 I get 1600, however has that is lower than £1750 (number 5), do the drawings for that month become 1750?
    Is that how that works? If not, how did they put 1750 for drawings for October?
    Yh cause they are less
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    (Original post by gunner4life95)
    The bank and bank overdraft essentially come from one account so you can only have a positive bank balance or a negative(overdraft).

    In this question the business has a bank overdraft, but since they issued shares which were fully subscribed the bank overdraft turns into a positive value as the business receives cash funds and the amount added is £190000 (0.65px300000) which is what the shares were sold for.
    So if they gave it in another exam il do the same?
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    Anyone has markscheme for Jan 2013 ?
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    (Original post by anna21)
    Anyone has markscheme for Jan 2013 ?


    There you go.
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  1. File Type: pdf ACCN2-W-MS-Jan13.pdf (80.8 KB, 664 views)
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    (Original post by sunny_bunny)
    Yh cause they are less
    Thanks!
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    (Original post by sunny_bunny)
    So if they gave it in another exam il do the same?
    Yh but just be careful if it is a bonus issue, because you dont gain any funds from it and were you use capital & revenue reserves to fund it.
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    How would i tackle a question if it asks the differences between rights issue and bonus issue?


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    What topics do you guys think will come up?
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    For the final question in the June 2010 paper, how are you meant to assess the liquidity position from the cash budget?
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    (Original post by afzal123)
    How would i tackle a question if it asks the differences between rights issue and bonus issue?


    Posted from TSR Mobile
    Rights issues are sellin shares for cash to existing shareholders. Bonus issues are given to existing shareholders for free. Bonus issues involve capitalisation of reserves into share capital. For rights issues, shareholders can buy the shares or sell their rights on the stock market. For rights issues, offer price is under current market value so stock market price falls with rights issues. With bonus issues, the stock market price falls in proportion to the bonus issue.

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    Did this exam in jan. Got 87 ums so happy to help where I can

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    For June 12, question 3, item 5, why have they deducted 3000 from Revised net current assets?
    This bit confuses me : /
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    (Original post by Vampstar)
    For June 12, question 3, item 5, why have they deducted 3000 from Revised net current assets?
    This bit confuses me : /
    They were bought on credit, this means creditors increases by £3000. Creditors are a current liability which are taken away from current assets hence why the net current assets has decreased by £3000, hopefully this make sense. Feel free to correct me if I'm wrong anyone
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    (Original post by Vampstar)
    For June 12, question 3, item 5, why have they deducted 3000 from Revised net current assets?
    This bit confuses me : /
    New fixtures were purchased but havent been recorded. 3000 have to be included in creditors
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    (Original post by ArsenalWenger)
    Rights issues are sellin shares for cash to existing shareholders. Bonus issues are given to existing shareholders for free. Bonus issues involve capitalisation of reserves into share capital. For rights issues, shareholders can buy the shares or sell their rights on the stock market. For rights issues, offer price is under current market value so stock market price falls with rights issues. With bonus issues, the stock market price falls in proportion to the bonus issue.

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    Thanks!


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    (Original post by afzal123)
    Thanks!


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    No problem.
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    This has so much theory in it to learn ahh :,(
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    But one of the issues came up in jan 2013 so hope it doesnt come
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    anybody can tell me how i can get the jan 2013 paper unit2
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    (Original post by sunny_bunny)
    Yh cause they are less
    if its less than you use the 1750
 
 
 
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