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But why 18 million shares when 15 million plus 4 million is 19 million shares. Bonus issue should be 1 for 3 on 19 million shares and not 18 million! Pls explain. I’m may be wrong
Thanks a lot sir. This concept wasn’t explained anywhere in the Kaplan book. Thankyou
Thank you for your response. I guess there might be some mistake in the Mark Scheme they provided. And I didn’t know in ACCA it’s only perpetual. Thanks for informing me.
It was an A Level exam question (May/June 2013). They give the answers to the short questions like this, no explanatory answer which is annoying.
And I’m sorry about the link, I didn’t know that the website contained pirated material. It’s very famous between CIE students for past papers.
I’ll take care about that in future.
Thanks again!I did follow each and every step you mentioned in the video. But I’m still not getting the correct answer. Could you pls solve the question for me, pls? in our book they tell us that there are two ways to calculate avco; perpetual and periodic. And its a 3 marks question on which we don’t have to spend much time.pls help me out
thanks for trying to help me out but unfortunately the answer you’ve given is not correct @RukhsarHussain
The correct answer is: 20 * 31.49 = 629.80
And I just don’t know how to get it 🙁@johnmoffat
Just went through the lectures notes and notes both. I tried solving the question the exact way but still wrong answer. It’s a 3 marks question and we’ve very limited time to calculate avco after every. In my book, there are two ways to calculate avco; Perpetual and periodic. and here they want us to calculate using the periodic method. Pls help me. I’m so confused!
