[babysnow88]

Thanks to both Mr Steve & Mr Chris . Finally i have passed this paper (2nd attempt with ot), really appreciate and happy . 1 last paper to go before i get to become affiliate. Thanks again O.T

[babysnow88]

Noted.

So if I’m using latest notes applicable until june 18 would it be useful for sept18 exam sitting? I mean all the chapters that are examinable for june18 will be the same as sept18?

And for pyq questions would it be relevant for us to practice for sept 18 exam sitting onwards?

Thanks again Sir

[babysnow88]

Thank you.

[babysnow88]

Is Open tuition going to provide material like SBL also?

Thank you..

[babysnow88]

Thank you.. 🙂

[babysnow88]

Alhamdulillah. Pass in my 3rd attempt. Finally cleared f papers. : ))

[babysnow88]

Pass. Thank you Mr Mike and open tuition.

[babysnow88]

1x + 400k – 1.3x = 382.5k
1x – 1.3x = 400k – 382.5k
1x – 1.3x = 17.5k
0.3x = 17.5k
x = 17.5÷0.3
=58.333k
Is ok?

[babysnow88]

Op inv + purchases – cl inv = cost of sales

x + 400k – 0.3x = 382.5k
x – 0.3x = 17.5k
x = 17.5/0.3
= 58.333k
cl inv =58333 x 1.3
= 75833

Correct? I think something wrong with my calculation

[babysnow88]

One more question

Which IFRS and IAS frequently tested in exams? Important one

Thank you Mr Mike

[babysnow88]

Not yet. I thought I want to give a try on my own after the consolidate chapter. I will check it out later .

Thanks sir . 🙂

[babysnow88]

thank you for your quick reply. 🙂

[babysnow88]

Past year question dec 2008 question 1 Pedantic . The examiner workings are confusing.

[babysnow88]

You are correct sir.

For chap 9 expl 1 it’s just fv adjustment for inventory not tnca.

You made it clearer now.

Thank you sir.

[babysnow88]

Q2 (solved)
Just realised need to minus scrap value
100-( 100k-10k)/9 × 4yrs= 60k
Revised scrap value 20k
Carrying value 60k 65k
Scrap value (20k) ( 20)
= 40k =45 profit 5
(/)Remain life 5yrs 5yrs
=8k =9k xs 1k

Net pup= 5-1
= 4
Correct?

[babysnow88]

Pass.. thank you mr Moffat

[Author]

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