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What's everyone think of AQA Accounting Unit1? (12/5/15) Watch

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    (Original post by Brandonw97)
    Whenever I can get to see it because I want to see how many marks I got roughly
    AQA won't release the paper online until this time next year

    You'll have to get a copy from your college
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    Bloody hell‚ didn't think it would be that long and okay thanks
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    (Original post by Brandonw97)
    Bloody hell‚ didn't think it would be that long and okay thanks
    Yeah if you noticed this year they released the 2014 paper on the first of may so i asuume thats when they will next year
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    (Original post by Brandonw97)
    Bloody hell‚ didn't think it would be that long and okay thanks
    It's because teachers use the previous paper for mocks etc, and it's unfair for the teachers if the students can just get the paper and the mark scheme straight up
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    Yeah probably and yeah makes a lot of sense
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    what yall think gonna come up on friday
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    (Original post by df2397)
    what yall think gonna come up on friday
    Gearing ratio, analysis about gearing ratio, advantages and disadvantages of budgets, given a scenario and then have to compare if they should stay as a sole trader or enter into a partnership
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    what did yout lot do for the suspense account for the last question? was your trial balance difference on the DR side and was it like 1009 or something?
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    (Original post by Kelem)
    Gearing ratio, analysis about gearing ratio, advantages and disadvantages of budgets, given a scenario and then have to compare if they should stay as a sole trader or enter into a partnership
    what about incole statement for a sole trader?
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    ??????????????????
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    (Original post by df2397)
    what about incole statement for a sole trader?
    I think an income statement for a limited company may arise. I don't think it's very likely, but it's a total possibility so I wouldn't rule it out. AQA may make us do a whole income statement and then add the bottom equity bit with shares etc as there was no income statement in unit 1. I will look at the chart in college to see what the predictions are.

    But that's just my predictions.

    What are yours?
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    (Original post by Kelem)
    I think an income statement for a limited company may arise. I don't think it's very likely, but it's a total possibility so I wouldn't rule it out. AQA may make us do a whole income statement and then add the bottom equity bit with shares etc as there was no income statement in unit 1. I will look at the chart in college to see what the predictions are.

    But that's just my predictions.

    What are yours?
    but that came up last year and my HOPEs are:
    Budgetting
    Ratios
    Sole Trader income statement
    revenue and capital expenditure (problly will come up)
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    (Original post by df2397)
    but that came up last year and my HOPEs are:
    Budgetting
    Ratios
    Sole Trader income statement
    revenue and capital expenditure (problly will come up)
    Yeah but judging on how bad unit 1 was on Tuesday, I'm not doubting a repetition in this paper.

    Capital and revenue expenditure could just come up as a definition question
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    Be prepared for a full income statement with many adjustments OR a full balance sheet with the equity section, so you would need to work out the right issue or bonus issue? Also ratio calculations as well as analysis so know your theory and affects of ratios (how they can be improved etc)
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    (Original post by Kirthan 08)
    Be prepared for a full income statement with many adjustments OR a full balance sheet with the equity section, so you would need to work out the right issue or bonus issue? Also ratio calculations as well as analysis so know your theory and affects of ratios (how they can be improved etc)
    surely balance sheet won't come up
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    Im hoping there will be a balance sheet because the last 3 papers havent had one?
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    Acc2 is tomorrow, I did really well in acc1 but I'm sure Fixed asset disposal will come up and I can't do it 😢
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    (Original post by Kbbbb)
    It was so bad! I didn't get my balance sheet to balance and completely forgot to put in shop fittings for NCA!! I did all the workings out for it though so do you honk I'll still get the marks? Also what did you put for the last three errors and does omission go in suspense! There is no way that the suspense question was 7 marks. Here's hoping unit 2 is nice
    No omission does not go in it, none of the cropco errors go in the suspense account. I felt the exam went ok but unit 2 there probably be a FADA question because it went so bad last year
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    I'm not so sure on the disposal. I'm not gonna revise it because I don't feel it's likely to come up. If it does then I'm screwed haha
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    (Original post by ks4872)
    Acc2 is tomorrow, I did really well in acc1 but I'm sure Fixed asset disposal will come up and I can't do it ������
    Be mindful that it came up last year, so it may be unlikely to come up this year!

    I get what you're saying though... I did the paper last year and the disposal question was a nasty one. I decided to retake this year because ACCN3 is very complimentary towards ACCN2.

    Good luck!
 
 
 
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