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L.C accounting marking

thepikminman · 2012-02-15 14:59:48

Hi.Can you get away with not putting headings on the accounts in the exam? Because i've looked at a lot of marking schemes and they never give marks for headings. And also, say you get the wrong figure for net profit in the p&l and you put that figure in the balance sheet, do you lose marks for both balance sheet and p&l…

15-02-2012 3:59pm

#1

thepikminman

Registered Users Posts: 178 ✭✭

Join Date: February 2012

Posts: 141

Hi.Can you get away with not putting headings on the accounts in the exam? Because i've looked at a lot of marking schemes and they never give marks for headings. And also, say you get the wrong figure for net profit in the p&l and you put that figure in the balance sheet, do you lose marks for both balance sheet and p&l figures, or just the p&l one?

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Comments

#2 15-02-2012 5:29pm

Emily van Dickinson

Registered Users Posts: 11 ✭

Join Date: July 2011

Posts: 10

You don't "gain" marks for writing the headings ie you cant just write the headings, do no workings and get marks....but you do lose marks if you don't include the headings!!
Nope youre only penalised once for a mistake you make

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