Edexcel IGCSE Accounting paper may 2015 (8th may) Watch

Himanshisehgal98
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Hey, who else did the paper today? how do you find it?
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mcullum
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Easy
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Himanshisehgal98
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(Original post by mcullum)
Easy
Do you remember what u wrote for the last page revenue and capital expenditure? were ther only two capital as answers
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MaliniHalai
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I can only guarantee full marks on the partnership question...last 2 questions were not really my favorite...I bet I'm gonna lose a lot of marks on the capital and revenue stuff
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dhandehelaaa
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(Original post by MaliniHalai)
I can only guarantee full marks on the partnership question...last 2 questions were not really my favorite...I bet I'm gonna lose a lot of marks on the capital and revenue stuff
can u tell me what came for yesterdays paper?
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MaliniHalai
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(Original post by dhandehelaaa)
can u tell me what came for yesterdays paper?

There was a three column cashbook we had to fill in, had to do the partnership profit&loss appropriation account, finding the sole traders working capital, errors and suspense account and the classification of capital & revenue expenditures
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mrnobody120
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(Original post by Himanshisehgal98)
Do you remember what u wrote for the last page revenue and capital expenditure? were ther only two capital as answers

I can remember . I had two capital and it was two in a row just before the last one.

Purchase of plant and machinery and cost of installation of pnm
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MaliniHalai
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Wasn't the first one capital too??...Cause it was improving an asset...isn't that adding value to an asset??
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Himanshisehgal98
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(Original post by MaliniHalai)
Wasn't the first one capital too??...Cause it was improving an asset...isn't that adding value to an asset??
I wrote that as revenue because it is an expense after the installation so like a general expense in the pnl
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Himanshisehgal98
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(Original post by mrnobody120)
I can remember . I had two capital and it was two in a row just before the last one.

Purchase of plant and machinery and cost of installation of pnm
I had something like that also,thanks
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g3272046
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(Original post by MaliniHalai)
Wasn't the first one capital too??...Cause it was improving an asset...isn't that adding value to an asset??
thats what i thought....now lets hope :five:
:five:
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g3272046
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the paper was awsome....feeling confidant
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dhandehelaaa
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But in the partnership appropriation question, is it a must to show the working to find the netprofit? Because i just found the net profit on an extra sheet which i didnt attach and just showed the appropriation from net profit onwards..will i lose any marks because of this? :confused:
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sychosid
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(Original post by dhandehelaaa)
But in the partnership appropriation question, is it a must to show the working to find the netprofit? Because i just found the net profit on an extra sheet which i didnt attach and just showed the appropriation from net profit onwards..will i lose any marks because of this? :confused:
ohh bro! you needed to show the net profit also. because it asked for the profit and lass and appropriation account. and profit and loss comes under the net profit section. so you needed to show the net profit so yeah your marks will be deducted. but don't worry! only like 6 marks will be deducted
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dhandehelaaa
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(Original post by sychosid)
ohh bro! you needed to show the net profit also. because it asked for the profit and lass and appropriation account. and profit and loss comes under the net profit section. so you needed to show the net profit so yeah your marks will be deducted. but don't worry! only like 6 marks will be deducted

oh man that sucks..they will deduct even though i showed the net profit?
gosh i swear... this could be my biggest regret of 2015
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sychosid
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(Original post by dhandehelaaa)
oh man that sucks..they will deduct even though i showed the net profit?
they wont deduct a lot man. maximum 6 marks so don't worry. the worst question was the suspense account question. now **** accounting and concentrate on the upcoming exams. good luck!
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dhandehelaaa
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(Original post by sychosid)
they wont deduct a lot man. maximum 6 marks so don't worry. the worst question was the suspense account question. now **** accounting and concentrate on the upcoming exams. good luck!
hehe thnx bud!
gud luck to you too!
guess there is nothing i can do abt it now :P
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sychosid
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(Original post by dhandehelaaa)
hehe thnx bud!
gud luck to you too!
guess there is nothing i can do abt it now :P
welcome! thank you!
yeah past is past.lol
btw. which country are you in?
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dhandehelaaa
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(Original post by sychosid)
welcome! thank you!
yeah past is past.lol
btw. which country are you in?
from Maldives, studying in Sri Lanka
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sychosid
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(Original post by dhandehelaaa)
from Maldives, studying in Sri Lanka
wow that's awesome!
are you sitting for biology tomorrow?
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