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Ya! for example the year end is 31 Dec 2011 but the invoice come in Jan 2012
but the cost is for Y/A 2011(=accruals) not Y/A2012
so auditor should concern about this…
I just done this kind of question in the pilot paper Q1 is quite a good qs u may have a try
is about GRN
Besides of review invoices and payment receipts we could also flip through the date of work order or the DO (My suggestion…) Can it be? Mr Gromit??Hi, I need a study buddy for this year end exam also! Pls email me! easyeasy1985@hotmail.com
The preference share should be 30m X 6 % = $1.8m
Interim preference share is $900 is half of all the redeemable dividend
so the accrued dividend should calculate as (30m X 6% X 6/12)=$900& for the provision for negligence claim
The question said the unprovided amount of the claim $30000 was charged to operating expenses so it should be an expenses right then I have to adjust for the non cash item by adding $30000
but the answer provided is deduct it so it is considered an income
Could you explain tis to me?
TQ very muchHi sir just to confirm whether I think correctly
The amortisation for the cost of government grant is an expenses
but the amortisation for government grant is an income
Am I right?Hi,I did this question myself but I failed to calculate the GP for the last two years and I missed out the words “next four years” in the question so I start the year from 2005 to 2008 again….how many marks I will get?
I am still not clear about the calculation of the delaying payment to trainers.
For exp: $8,000 is the invoice charged in Q1 50% will be delayed so in Q1 should charge $4,000 right? and another $4,000 will be paid in Q3.
so in Q3 the amount should be $14,000
Is it? very confuse @.@The answer for (a) said the overall sales growth is 14%
How to calculate the 14%?Hi, just emailed the question to you all pls check ur inbox^^
Dashita, I will email to you once I get ur email address & Welcome to this study grpDanishta can I have your email address so that I can send the questions that would be discuss for you
Can we have a discussion for Chpt 2 till 7 according to this open tuition notes via email this saturday ?
Pls prepare some question of the above chapters for the discussion and send by email be4 this sat^^
Coz time table not yet out so I juz do a memo here….I m self study oso…I will take my exam on this coming 25-Aug
Ya u r correct I will try to set up the time table maybe will come out tomorrow night^^Juz send out emails to all of your inbox.
Pls check if not receive pls leave down ur comment here^^Hi, I would like to join ur study grp oso…
my email add is easyeasy1985@hotmail.com