Easy but very lenghthy...
/forum/how-was-today-s-pcc-ipcc-accounts--81351.asp
A/c paper was lil Scary... but at the same time.. Sm where Unexpected
20- Marks 6-7 Question easy/ Baki nahi kiye !! 16- Marks profit prior Incorporation- easy one...- Good !! 16- Marks Departmental/ Tricky/ Ok !! 16- Marks Electricity /Nahi kiya
8 - Marks Partnership Max Losss - Nahi kiya..!! 8 - Marks Cash Flow /easy/ Good.
4 - Marks AS 11 /tricky /ok !! 4 - Marks Deferred Tax Liability /Upar se gaya/ Phir bhi thoda bahut kiya..!! 4 - Marks Contingent Loss /Nonsense/ No idea /nahi kiya!! 4 - Marks Banking Provision/ easy/ Good
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It was a little bit tough and unexpected. I mean what happen to Not for profit organization or Incomplete records and the whole company Accounts chapter is excluded they are asked in every examination but in this they didn't . and they included the Electricty chapter question in the exan as if a PCC student is going to work in electricity company now itself. But other question were also easy like pre incorporation, cash flow and even partnership.
Overall i think IPCC paper is a lot more easier than PCC paper. |
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i got 90000 in cash flow did anyone got the same i am confused
CF from operating Activities 640000
C F from Inst act 470000
CF from Financing Act -260000
Total cF -90000
tell me where i did mistake. we have to lee: divident received in operating activities adjestment or not
inv is wrong...we have to prepare asset a/c and then pur will 5.2l
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