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.
4 Replies
anamika
(B.Com)
(60 Points)
Replied 20 November 2012
| 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 ......
CA Final Docent
(No work)
(690 Points)
Replied 21 November 2012
@ 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
CA Final Docent
(No work)
(690 Points)
Replied 21 November 2012
hey sorry bro instead of tying "i" i typed *
hope u will understand . sorry for that
AKSHIT MALHOTRA
(C.A Final Student)
(1337 Points)
Replied 21 November 2012
thnx anamika & ipcc student.
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