Firm underwriting

Originally posted by : AKSHIT MALHOTRA
	I WOULD LIKE TO KNOW THAT IN IN NOVEMBER 2012 ADVANCED ACCOUNTING PAPER HOW MANY MARKS WILL I GET IN Q.1 (b) if i have allocate marked & unmarked but did not allocate firm allocations.IT IS A 5 MARKS QUESTION.

first you have to deduct firm allocationa and at last you have to addback the firm allocations to find the actual liability ... so if you have not done so you will get 2-3 marks ......

@ anamika

i have deducted firm underwriting at the first instance but later on i did not added back. since the question said underwritiers are not entitled to firm underwriting.

@ aksh*t

in these type of questions part marks will not be allocated bro. since if first step goes wrong subsequent step will also go wrong. so i think in this question either u ll get 5 marks or 0 marks

i ll get 0 for this question

hey sorry bro instead of tying "i" i typed  *

hope u will understand . sorry for that

thnx anamika & ipcc student.