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Just curiously: do you think that Q2 was a tricky one?
I’ve read the answers for Q2 from the examiner – and surprisingly the green certificates became the grants, and i’ve messed with joint venture…
Am I the only one who think that it was a bit of surprise with the whole question? Who did you managed it?Yes, it was tricky. I did terrible in the first scenario as I hadn’t studied up on Government Grants so didn’t really know what I was supposed to do. If I’m lucky I’ll get 1 mark for mentioning that the certificates held at the year end should be treated as inventory.
I missed the joint venture point as well in the 3rd scenario, but I think I got the rest of it though, so I did better in that one.
I am not so scared with about questions 2 and 3, it’s the question 1…part A. Praying hard for marks from the workings shown…
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