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May 16, 2024, 09:36:05 am
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Author Topic: Exam Discussion!  (Read 16920 times)

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Nima2703

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Re: Exam Discussion!
« Reply #30 on: June 12, 2012, 07:05:33 pm »
OH MY GOD I STUFFED THE WHOLE QUESTION BECAUSAE I DIDNT READ CAREFULLY BECAUSE I WAS SO STRESSED IVE STUDIED 40+ HOURS I NEED AN A+ I DIDNT DO DISCOUNT REVENUE UPDATE AND DID A WRONG DISCOUNT EXPENSE AND QUESTION 4 WAS 7 MARKS LET ALONE THEORY AND OTHER PRAC I CANT GET A+ ;((((((((((((((((( I CANT BELIEVE I DIDNT READ PROPERLY
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Nima2703

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Re: Exam Discussion!
« Reply #31 on: June 12, 2012, 07:07:49 pm »
PLEASE GOD TELL ME THE THEORY QUESTION WOULD BE CONSEQUENTIAL OMFG
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sam.utute

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Re: Exam Discussion!
« Reply #32 on: June 12, 2012, 07:12:41 pm »
Quote from: Nima2703 on June 12, 2012, 07:07:49 pm
PLEASE GOD TELL ME THE THEORY QUESTION WOULD BE CONSEQUENTIAL OMFG
Should be consequential :)
Question 2c) - Did it give you opening balances for stock and creditors? I can't seem to find them.
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Tragesty

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Re: Exam Discussion!
« Reply #33 on: June 12, 2012, 07:13:15 pm »
As I recall, opening balances were given.
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sam.utute

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Re: Exam Discussion!
« Reply #34 on: June 12, 2012, 07:19:12 pm »
Quote from: Tragesty on June 12, 2012, 07:13:15 pm
As I recall, opening balances were given.
Anyone remember what they were? :P
Also, what profit figure did everyone get?
EDIT: Sorry, should have specified. Income Statement in Question 6c).
« Last Edit: June 12, 2012, 07:23:14 pm by sam.utute »
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StumbleBum

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Re: Exam Discussion!
« Reply #35 on: June 12, 2012, 07:21:03 pm »
Quote from: sam.utute on June 12, 2012, 07:19:12 pm
Also, what profit figure did everyone get?
For which question?

opening balance for stock was 16000DR if i recall correctly, not sure about creditors
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2011: Mathematical Methods (CAS) [36]

2012: English [35+] | Specialist Mathematics [35+] | Further Mathematics [45+] | Physics [40+] | Accounting [38+] |

Bill Ding

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Re: Exam Discussion!
« Reply #36 on: June 12, 2012, 07:26:25 pm »
Fml stuffed up question 4 totally then
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Nima2703

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Re: Exam Discussion!
« Reply #37 on: June 12, 2012, 07:28:48 pm »
If somebody came and killed me, i swear to god i would be so happy
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Tragesty

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Re: Exam Discussion!
« Reply #38 on: June 12, 2012, 07:30:27 pm »
Relax, what's done is done - we all make mistakes, use it as a learning experience more than anything and carry on with life!
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sam.utute

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Re: Exam Discussion!
« Reply #39 on: June 12, 2012, 07:31:39 pm »
Quote from: StumbleBum on June 12, 2012, 07:21:03 pm
Quote from: sam.utute on June 12, 2012, 07:19:12 pm
Also, what profit figure did everyone get?
For which question?

opening balance for stock was 16000DR if i recall correctly, not sure about creditors
Question 6c)
I'm up to Question 8 now. Doing this on Word is not fun at all. 8 pages so far :(

Well said Tragesty. Well said indeed.
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mooimachicken

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Re: Exam Discussion!
« Reply #40 on: June 12, 2012, 07:32:04 pm »
Quote from: Nima2703 on June 12, 2012, 07:28:48 pm
If somebody came and killed me, i swear to god i would be so happy
:o
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Nima2703

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Re: Exam Discussion!
« Reply #41 on: June 12, 2012, 07:34:17 pm »
Sam, question 4 a and b were 4 marks. 2 each, is the final figure consequential to the working out?> or was there no working out?
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abcdqdxD

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Re: Exam Discussion!
« Reply #42 on: June 12, 2012, 07:34:28 pm »
Quote from: sam.utute on June 12, 2012, 07:31:39 pm
Quote from: StumbleBum on June 12, 2012, 07:21:03 pm
Quote from: sam.utute on June 12, 2012, 07:19:12 pm
Also, what profit figure did everyone get?
For which question?

opening balance for stock was 16000DR if i recall correctly, not sure about creditors
Question 6c)
I'm up to Question 8 now. Doing this on Word is not fun at all. 8 pages so far :(

Well said Tragesty. Well said indeed.

Don't do the answers! Or I'll feel bad :(
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vceisthedeathofme

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Re: Exam Discussion!
« Reply #43 on: June 12, 2012, 07:35:08 pm »
I almost finished...just figured out the figure for owners equity in the last question as the examiner said 'pens down'. Too many theory questions, comforting to see that many people felt the same!!

How did everyone answer the 'explain and justify' question?

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Bill Ding

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Re: Exam Discussion!
« Reply #44 on: June 12, 2012, 07:35:44 pm »
For question 2 when calculating sundries cost of sales and discount expense has no affect on the calculation of sundries right?
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