ACCN 3 June 12th

Dividends.. 480,000 shares 25p each? = 120,000 shares for 2012, but that 120,000 is after they did the bonus issue of 1 share for every 5. so 20,000 extra shares were given so u do

120,000 - 20,000 = 100,000 x 0.04 = 4000 dividends?

phew!! always good when u get the same answer as someone in accounting.

here are my other answers, lemme know if u see anything similar:

Stock [82,000 something]

Dividends Proposed was: 4000

Profit & Loss i got 6774 Loss i think.

Which led me to get 65,000 something Capital

Partnership 1st 4 months i split 14140 evenly between 2 partners

2nd 8 months i split 10,600 or something.

yeah, i think i messed up with that a bit as for the first part of the appropriation i put 4 months work whereas for all the second part i done 6 months work oh well hopefully i get some points for putting stuff in the right places etc.

also for the balance sheet i got net loss of 6744 and depreciation of around 18100 off of NCA. I have messed up though as i didn't read the question/information right and put all of the figures such as accruals etc. from the extract of the previous year on the left again hopefully i will get some marks for the depreciation, layout, own figure rule etc.

for the schedule of NCA i got 109900 as i done at cost + additions - disposals which gave me a round figure something like 200000 maybe then i done total depreciation - deprecation on disposals + depreciation for the the year giving the net book value

overall i didn't think the paper was too bad.

Only thing I got different to you was the stock and dividends. I also got a loss off 6774 which lead to around the same capital.

What did people do with the loan interest? I completely ignored it!

same answer

Here's the paper !

when we changed rent and telephone expenses where did you guys change them? in the income statement or in the balance sheet?

here's the paper!

when we changed rent and telephone expenses where did you guys change them? in the income statement or in the balance sheet?