[joesmith]

Think I did really badly in question 6 and did well in the rest of the paper.

[joesmith]

1)C
2)C
3)C
4)B
5)A
6)B
7)C
8)B
9)A
10)C
11)A
12)C

Dunno how well I did with those answers. Where is everyone getting the suggested answers?

[joesmith]

I can’t believe I passed! Got 78%!!!!!

[joesmith]

There was this MCQ about the company having “past experiences on ‘general liabilities’ or something like that. I think I chose the answer with only 1 correct statement in it. I’ve been thinking about that question since I finished my exam. 🙁

@jamesuk19 said:
how did people account for the loan note?

I took interest on the full amount, accrued the unpaid interest, deducted 1/4th of the face value of the loan and added the accrued interest to it. Then I added the value of that 1/4th and the interest paid to the bank overdraft since he didn’t have a debit bank balance. I’m not sure if I accounted for that correctly but at least I should get half a mark for that. 🙁

[joesmith]

When are MCQs generally uploaded on the ACCA website? I can see that they uploaded section B but not section A yet. 🙁

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