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No matter whatever I tried, I couldnt get the right answer for “accountancy department costs quiz”.
Very frustrating.
The other problem is I left acca midway for longtime and now continued again with EPSM. Not sure how I get through this quiz.
Can I get some help?
Passed 56%. Now starting P series.
For this AA exam I had just 2 weeks for preparation and 3 weeks for practice.
Didn’t use open tuition, due to time constraint.
Used Kaplan text book and Chatgpt to summarize book notes.
Used Kaplan kit. Couldn’t practice mcqs and didn’t practice any past exam question.
THANKS ALLAH.
I had a doubt that executive don’t enforce law…so I wanted to confirm it with you.
Unascertained goods & specific goods, carriage involved but no place specified
– buyer is responsible when he receives notification of goods available for delivery, from here on its all on the buyer’s end.Thanks for clarifying this concept.
PS: I try to make things easier and clear for others to read out.
I’m writing in this style to keep it to the point and clear:
Carriage involved and specific location stated:
– seller must send the goods to that specific locationCarriage involved and no specific location or place specified:
– seller responsible for handing over good to carrier (or first carrier)No carriage involved:
– goods are at disposal of buyer at seller’s premisesconfusing part for me:
unspecified goods and specific goods, carriage involved and no place is defined, so what happens in this situation…what about this part?
Many Thanks
Everything is clear so far with your help in this thread. I must mention again that thanks for your contribution and time.
Thanks a lot Mike for such detailed response. I appreciate it.
You explained everything in clarity.
So the chargeholder can take benefit of earlier chargeholder mistake of missing registration date and taking priority over it.
Thanks for your contribution. Have a nice day!
I can interpret your post as meaning that you still don’t follow the bit in the last paragraph – ‘UNLESS!! the second one …’
I don’t understand the last paragraph that you explained.
Registered in 21 days:
Effective date is date of creationNot register in 21 days, it becomes invalid and will be eligible for immediate debt repayment.
Not reg in 21 days:
Effective date is date of registrationWhich part I didn’t understand:
Your last paragraph “UNLESS!! the second one was created and within…”Many Thanks
Prior to reading your response I figured out balances column on trial balance. For confirmation I doubled-check with your answer.
Many Thanks
I just read through the UK GOV tax official site, that the gain that arose on the first old asset for the first reinvested depreciating asset. The gain defers. When it get sold, then if reinvested on new non-depreciating asset. We can use it simple proceeds cost if it is gain or loss ( I heard saying u it makes loss usually ofcourse, as it is technological ). On this asset disposal we then take the earlier deffered tax to be chargeable now.
I think thats all!
Kindly do correct me if I am wrong!
Many Thanks
Really thanks for the response that you managed to leave within your busy schedule. Your profession of tax is most stunning. I have planed to opt p6 and Tax as a career as well.
How will it be possible that I become junior tax consultant after having completed F’series exams?
Also another advice for me that yet I dont have any experience regarding accounting. My PER is 0 months. So when I will start job as a trainee. Should I search for Tax trainee, if I want to start my career in Tax?
Many Thanks
Hey Tax Tutor,
I am afraid as the other chapters are not being still updated. When do you think, you can touch them?Your teaching style is so wonderful!
Many Thanks
@alanbevan: no problem bro! I thought you tainting this topic. Well, I have passed f5 and F9 on first attempt in Dec 2014. I really feel boring while studying f4 so thtswhy its falling behind.
@alanbevan: This is not something to be lol?? Its not strange! For lol you can search other topics on internet!
