bbs stores (6/09) bpp ki

The answer subtracts 817 from retained earnings, not 871. That is the normal financial accounting rule. Share capital reduces by the nominal value of the shares (25c per share, and so 54 in total), and the extra reduces retained earnings. (Share capital is always shown at the nominal value).

thankyou! Sir the questions in the kit are all so difficult. It is taking me hours to solve a question that should be solved in 49 min (according to the kit). That too after a lot of peeping back at the answers. Is this normal? Also the questions prior to 2011 are much more difficult and at times impossible o solve. Have I chosen the wrong paper? I covered f9 in 2 months using your lectures and secured a good pass at 73. Now I am not so sure if I made the right choice. Do you have any advice for me?

The older questions were set by a previous examiner and were harder. It is questions since 2010 that were set by the current examiner. Because this is a professional exam the exam questions are hard, but remember that your job is to make sure you get more than 50% - nobody is going to get questions completely right. My advice is to keep studying and to keep practicing. As regards changing papers - all the professional exams are difficult but obviously some people are better at some subjects than at others. However since you got a good pass at F9 it would seem more sensible to stick with AFM.

Thankyou so much for your advice sir! You are a blessing from God for us Acca students.

You are welcome, and thank you for your comments :-)