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OCR Accounting Unit 2

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Thats what i did and the other guy was adament on it being a decrease when it was in increase,
was it from 350 to 490? or was it something else?

well..I thought it was an increase but I can't remember it now :confused:

Reply 41

Ray0312

Original post by Mannyalam

If your schedule of debtors/creditors matches your new balance bd on the control account, you got them both right, right?

Not really , because sometime if we add , deduct or omit something on both Control Account and Schedule of debtors/creditors , the amount will still be the same

Reply 42

Mannyalam

Original post by Ray0312

Not really , because sometime if we add , deduct or omit something on both Control Account and Schedule of debtors/creditors , the amount will still be the same

Damn. I thought that was an easy 10 marks

Reply 43

Ray0312

Original post by Mannyalam

Damn. I thought that was an easy 10 marks

What's the figures you get for those Control Account questions??

Reply 44

Mannyalam

Original post by Ray0312

What's the figures you get for those Control Account questions??

i cant remember exactly but the balance bd on the total debtors was debit of 74300? and for total creditors something like 93700?

Reply 45

Mannyalam

Original post by kaylgard

yeah thats what i had!

oh god for share of profits at the end i got 112562 or something :frown:

Reply 46

Ray0312

Original post by Mannyalam

oh god for share of profits at the end i got 112562 or something :frown:

I think I got the same answer in the Control Account . My share of profit also got 112xxx. I can't remember it clearly now :s-smilie:

May be we got the same answer again haha

Reply 47

Putch1

Original post by aran0909

okay mate just check this thread tomorrow mate, and yeah i had 2 things im sure it was 97 though hmm....

Upload it?

Reply 48

star57

You know for the Balance sheet - you couldn't check with the balancing figure! It didn't provide the capital figure. The capital in the bank account was additional capital

Reply 49

Putch1

Original post by star57

You know for the Balance sheet - you couldn't check with the balancing figure! It didn't provide the capital figure. The capital in the bank account was additional capital

You had to calculate capital? Kind of hard to explain but it involves assets - liabilities.

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Reply 50

Ray0312

Alright, I just seen the paper again and the revaluation is an increase from £450,000 to £590,000

Reply 51

star57

Original post by Putch1

You had to calculate capital? Kind of hard to explain but it involves assets - liabilities.

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I did that - I was just saying that there was no way to check if the balancing figure was right like in unit 1

Reply 52

Putch1

Original post by Ray0312

Alright, I just seen the paper again and the revaluation is an increase from £450,000 to £590,000

Are you able to upload the paper please?

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Original post by Ray0312

Thanks

well i lost at most 4 marks :/

For disposals, did you get something like 1820, 13700?

I think the grade boundaries for an A will be high (lets hope not)

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Reply 55

aran0909

Original post by Putch1

Thanks

well i lost at most 4 marks :/

For disposals, did you get something like 1820, 13700?

I think the grade boundaries for an A will be high (lets hope not)

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