Though few questions were from pm they were worth 12 marks , there were questions which were new n the time was wasted in analyzing the same.. guys dont forget to write feedback to icai .... all the best
Though few questions were from pm they were worth 12 marks , there were questions which were new n the time was wasted in analyzing the same.. guys dont forget to write feedback to icai .... all the best
Let the credit sales be x
Cash sales = 1/3 x
Total sales = 4/3 x
January .. 220000= 4/3x
X = 220000*3/4 = 165000
Cash sales = 1/3 * 165000
Hence
Cash sales = 22000*3/4*1/3 = 220000*1/4
THANX FOLKS FOR UR REPLIES , 2A KA ANS DEKHAR KHUSHI HUI , BECAUSE I DID SAME , LEARNING CURVE M MISTAKE KIYA AND BUDGET , INTERPRETATIION OF PURCHASE LINE GALAT KARKE , I TOOK FEB KA SALES IN JAN AND SO ON , BUT WO ALLOCATION INTO CASH AND CREDIT SAHI KIYA , AND PURCHASE NHI LIYA , PATA NHI MARK MILEGA YA NAHI , QUESTION PM SE THE BUT AISE JO EASY SE YAAD NHI AAYENGE , WAQT LAGEGA , I HAVE GIVEN A LOT OF ATTEMPTS , SIMULATION KA EK PART EK TARAH SE KIYA AND DUSRA DUSRE , BOTH METHODS ARE IN PM , SERVICE KA FIRST PART RIGHT H , SECOND KA CAKCULATION PART TAK SAHI USKE BAAD WAQT NHI MILA , COULD ATTEMPT 80 MARKS , THEORY WAS GOOD , HOPE I CLEAR , ANS FOR 1A PLEASE
Answer is correct full marks
DO U GET STEP MARK IF UR ANSWERS ARE PARTLY CORRECT,
very easy paper. paper is lenghty due to cash budget question. who not attemt cash budget question they will be score good marks
Your are not logged in . Please login to post replies
Click here to Login / Register
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View DetailsIndia's largest network for
finance professionals