PCC Nov 2011
Page no : 3
Ramchandra D Jawad
(Artical )
(30 Points)
Replied 04 November 2011
Sarthak
(Chartered Accountant)
(81 Points)
Replied 05 November 2011
Hello everyone,
can anyone please upload or give solutions for full paper ...
(someone who is giving only one group)
1.) One more thing in pre and post incorporation question i had not calculate the profit as it i forget to adjust rs 27000 in GP as pre income ... but other all adjustments are correct .. so how much can i get easily in that question ...
2.) in reconstruction question my balance sheet doesnt match (due to my silly mistake :( ) so again if i consider almost 9 entries correct and some part of balance sheet correct except cash balance and 1 more mistake how much marks examiner can grant me easily ..
just need a fair idea ...
waiting ... thanks
Atul Mittal
(Job)
(527 Points)
Replied 05 November 2011
Dear All,
If anyone need Solutions/suggested answers of PCC Accounts paper Nov 2011 then mail me at mittalcaatul @ gmail.com.
ABHISHEK AGARWAL
(Business)
(31 Points)
Replied 06 November 2011
answer will be for as6 will be 90000
solution
1000000-300000/10=700000at the end of third year wdv will be 700000
so dep at the end of fourth year will be
700000+300000(up rev)-100000(up Residual value/10=90000
ABHISHEK AGARWAL
(Business)
(31 Points)
Replied 06 November 2011
AND THE SALES RATIO WILL BE 4:14
AND FROM GP WE HAVE TO DEDUCT RS 27000 THAN WE HAVE TO DISTRIBUTE IN PRE & POST
ABHISHEK AGARWAL
(Business)
(31 Points)
Replied 06 November 2011
ANSWER FOR AVERAGE DUE DATE WILL BE 6MAY
AND ANSWER FOR PROVISIN OF BANKING COMPANY WILL BWE 1318
ABHISHEK AGARWAL
(Business)
(31 Points)
Replied 08 November 2011
sorry for wrong answer for as 6
answer will be 1200000-20000/10=100000 every year so at the end of third year wdv will be 700000
and from fourth yearb revalution is there so 700000+300000-100000/10=90000
from fourth year depreciation will be 90000
ABHISHEK AGARWAL
(Business)
(31 Points)
Replied 08 November 2011
sorry for wrong answer for as 6
answer will be 1200000-20000/10=100000 every year so at the end of third year wdv will be 700000
and from fourth yearb revalution is there so 700000+300000-100000/10=90000
from fourth year depreciation will be 90000
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