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??
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    (Original post by Krskajsjaj)
    Stolen cash was £900 I think??
    Yeh I got £900
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    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
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    (Original post by Krskajsjaj)
    Stolen cash was £900 I think??
    Stolen goods 2600? Or 2400 something like that?
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    900 as well
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    (Original post by Middriver)
    Stolen goods 2600? Or 2400 something like that?
    Yeah something like that
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    Anyone get £225,000 revenue?
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    (Original post by Krskajsjaj)
    Yeah something like that
    Nice one not sure where where we went different for the gen expenses then 🤔🤔.
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    (Original post by Muhammad_AK)
    Anyone get £225,000 revenue?
    Yeah can you remember your purchases? 141k or something? 43k closing inventory?
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    (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
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    (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 🔫
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    (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
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    (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.
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    Deffo wasn't a negative cash flow, what a **** paper
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    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💩
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    What did everyone get for the cash and cash equivalents at end of the year for task 4
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    (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?
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    How do people feel about task 3? Did anyone get decimals? a lot of people were saying they got decimals
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    What did people get for the AVCO and FIFO inventory valuation?
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    (Original post by Muhammad_AK)
    Yeh I got £900
    Yeah I got 900
 
 
 
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