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I really need this.
I did well in section b. I dont how I did in section a and it sucks.anybody tell me how much is the goodwill arising on consolidation on 2nd part question?
i don’t remember what was the good will but anyway, section B was okay but section A i don’t know if it was a little bit too much or thats just me
As I remember, it was $21 mln since $69 cost of acquisition+fair value of non-cont. $14 mln- $42 mln (S shares) – $20 mln (retained earnings). But I am not quite sure.
I got Goodwill at 21m.
Total asset balanced at something like 242xxx?and for section B, Q2, I got profit 167,000 ? I think so.
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Pls can someone help me out? I cant quite remember if q2 in section b also asked us to prepare the balance sheet or was it just profit or loss? I am freaking out as I cant help but imagine ive lost some marks.
I also got 242400 for my total assets in q1 and miraculously the accounts balanced with 242000 for total equity and liabilities. So im sure of full points.
I think it was just p&l for q2, and then a short question on bank/cash. And for q1 just the goodwill question and the consolidated balance sheet. As far as I can remember!
ya, i also got 21 mil for good will and 242000 for net assets, but liability not tally,any how got some marks,but didn’t touch section B second question,time not enough.
self studied through Kaplan text/exam kits and did some practice tests on ACCA (3 tests for 14 pounds i think) and most of the questions seemed very straight-forward. I think that section B could be where you could score very easily if you do numerous practices making sure you remember the basic format and where things go where.
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section a :3 :3 dnt know wot i did in that section.Section B was goood..i got 167 profit in second question..n consolidation i got 242400 smt..i dnt remember..but it did balance!!
Can any body please tell me what two questions came in section b
Cash flow? Incom statement balance sheet ? Or consolidation?In section B there is always a question about consolidation. The other one not sure. In the exam was to build a pnl. Anyway Anyway, there are explanations about exam structure in the corresponding opentuition F3 section.
Passed! The paper was ok.. had some tricky questions. Section 2 had group accounts & company accounts. There was nooo cashflows… noneeee. Finished with level 1 acca… now on to level 2! Best of luck to all you guys 🙂 & thanks a million again opentuition 🙂
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