Ipcc solved paper

Please find attach paper solution of IPCC.

in the incomplete record ques provision for tax is 50% of profit ... i have taken 50% of 7000 i.e 3500 n therefore the gross profit sales n everything else is according to that , the net profit ,proposed dividend transfer to reserve and the same is transferred to the balance sheet is correct but the only mistake i have made is the calculation of provision of tax n so everything else is also according to dat do u have any idea how many marks will be awarded ?

yes I also made the mistake, so wanted to knw how much out of 16 marks will be given and also that there really wasnt any specification about which profit, profit after tax or profit before tax... so can there be a chance that in institutes suggested answer they themselves have taken profit after tax?

And also i think your decision in the solution for not passing the entry for the load on stock is wrong, the entry should be passed as the stock would then be at the invoice price and not at cost.