[kamlesh]

hi i just wanted to ask on how to get the list of verified mentors for the oxford brookes rap project ?

[kamlesh]

055 7428187 whatsapp me

[kamlesh]

thanks.. sure u also have f8 only for sept.. ?

[kamlesh]

is it A ? Nill

[kamlesh]

im also attempting paper f9 this december attempt

i have paper 6 and 8 remaining

whats the best combination with F9 ?

[kamlesh]

Cost 800,000
Dep (7 yrs) 560,000

Cv 240,000

revaluation @ 600,000 ( Increase of 360,000)

This should go to asset account

and the dep charge would be 600,000 / new life (5yrs)

what i feel

[kamlesh]

I understood the first Mcq question

still didn’t understand the revaluation MCQ

By asking What figure shall be debited to the Asset Account and what will next year’s depreciation charge be?

What do they mean by asset account ?
and can you explain the logic behind this ?

why arent we using the normal method

dr. ppe
cr. acc dep
cr. revaluation reserve

[kamlesh]

Where an asset is to be revalued, the following information is relevant:
This is the end of the asset’s seventh year Original cost $800,000 Depreciation for 7 years at 10% straight line $560,000 Asset to be revalued by $600,000 Estimated remaining useful life revised to 5 years.
What figure shall be debited to the Asset Account and what will next year’s depreciation charge be?

This question also thanks

[kamlesh]

thanks sir
thanks a ton
got it

[kamlesh]

i understood the trade payables and cash part
but in the trade receivables line why are deducting 7 shouldn’t be 3 (7-4)

[kamlesh]

Offspring’s trade payables account (in the records of parentis) of $7 million does not agree with the Parentis’s Trade receivable account (in the records of offspring) due to cash in transit of $4 million paid by parentis.

Trade R P 84 O 44
Bank P 0 O 4
Trade P P 130 O 57

[kamlesh]

no sir the values are different..
can you just explain via a example.. ?

[kamlesh]

i am doing this question Parentis june 07.. question 177 of kaplan revision kit
in that question point number 3 deals with cash in transit.

can u explain that as well..

thanks

[kamlesh]

yes sir i have watched the video.. still didnt get the concept..

can you please explain again.. ?

thanks

[kamlesh]

yes this solves all my problems. thank you for the solutions ..

thanks mike once again.. you the best (Y) 🙂

[kamlesh]

can you do a worked example ? or as u said earlier above there is a solved solution can you send me the link of that..

[kamlesh]

i just need to know about the point 1. in fair value and adjustments and what to do with the general revaulation account and how will it affect the CSFP.

[kamlesh]

mike im extremely sorry for giving you trouble for a question that was 9 years ago..
i just heard a list of questions to practice so i was doing that..

[kamlesh]

yes this is the one

[kamlesh]

sir it came in december 2005.

[kamlesh]

can i please have the link of the solution.

the problems i am facing it in the fair value adjustments and revaluations point 1.
sir i dont know the exam reference of the question but i got in from kaplan publishing lecturer resource pack question no. 32

could you please do the video solution. ?
thanks

[kamlesh]

Helo Mike

how are you ?

i need help on how to do the question HEDRA for consolidation .. i am stuck in few areas of the question . Do you have a solved video solution or just a solved solution for it . ?

thanks & regards
kamlesh

[kamlesh]

I have studied F1, 2 ,3 And 5 from BPP.

Found it quite good. The thing is that i got few responses saying that Kaplan is better than BPP in practical papers while BPP is best for theoretical papers.
that’s why i thought i should clear the air out and get some guidance from you.

[kamlesh]

Helo

i gave this june 2014 F4, F5 in which i passed F5 but failed F4 @46.
now from what i have heard is that F4 was your bridge to BSC degree so if u cleared that you were good to go ahead and take any papers of your choice.

In my case i have heard is that whether i do F4 now or later i must submit an English qualification proof to ACCA then only i can take F7, F8 and F9 other wise i will lose BSC Degree.

can you please help me out in this matter ??

[Author]

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