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    How did you all find it? I thought it was horrible... those 2 massive word questions... and I didn't know how to find out retained earnings...
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    Really? I thought the written questions were excellent. The first question was horrid I thought and the revised profit.
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    this was my retake and i hated this paper. The written question were brilliant but question1 and 2 really got me confused for some reason
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    I found the exam quite straight forward. I believe you worked out the retained profit by doing a statement of changes in equity which gives you the total issued share capital and total retained earnings.
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    (Original post by nathanb123456)
    I found the exam quite straight forward. I believe you worked out the retained profit by doing a statement of changes in equity which gives you the total issued share capital and total retained earnings.
    I did the profit for the year less expenses and tax to get the profit after tax then took away the divedends.
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    I really enjoyed the paper and think im gonna do better in it then unit 1 dont know why lol
 
 
 
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Updated: June 1, 2015

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