**Accounting...Before/After**

Sunny!!

Spattersonox wrote: »

WAIT... What do you mean about the lined paper? I thought we just got the normal booklets?

you get a choice, theyll usually ask all those sitting in the room what paper they prefer thats what happened last year

padocon

Spattersonox wrote: »

As long as Departmental, 100m farm or 100m tabular don't come up.. I'll be ok

They are the 2 Easiest 100 markers in my op

Spattersonox wrote: »

WAIT... What do you mean about the lined paper? I thought we just got the normal booklets?

As Sunny!! said it is your choice.

Spattersonox

padocon wrote: »

They are the 2 Easiest 100 markers in my op


As Sunny!! said it is your choice.

Sunny!! wrote: »

you get a choice, theyll usually ask all those sitting in the room what paper they prefer thats what happened last year

Yeah, but I wasn't even aware we could get other paper.
Also, tabular is easy.. I just haven't done them since last year

Duffman K

This is the one exam I am dreading most, exaggeration aside, if a cash flow statement doesnt come up as a 100 marker, I will probably fail.

The only Q1 i can sort of do is company, very worried:(

smithy77

With the question 1's, if you get a working wrong and that figure is ultimately wrong in the P+L or Balance sheet or both will that mean that figure is 0 marks or will there be attempt marks? Also, if the balance sheet doesn't balance is a lot of marks lost? (I had a poo teacher and she never explained how it works:o)

Spattersonox

smithy77 wrote: »

With the question 1's, if you get a working wrong and that figure is ultimately wrong in the P+L or Balance sheet or both will that mean that figure is 0 marks or will there be attempt marks? Also, if the balance sheet doesn't balance is a lot of marks lost? (I had a poo teacher and she never explained how it works:o)

There will be marks assigned for workings and steps in the workings- so if you forget to do a small thing you may lose one mark or more. Then, for totals there will be a few marks going for the final balances.. very minimal though

smithy77

Spattersonox wrote: »

There will be marks assigned for workings and steps in the workings- so if you forget to do a small thing you may lose one mark or more. Then, for totals there will be a few marks going for the final balances.. very minimal though

Ah thanks, so in other words if a figure is 7 marks for example but in say the Suspense working you had the right idea but wrong figure could I get 3/7 marks or whatever?

imelle

worst thing about accounting is if you don't know it you're screwed, there's no bulshítting or rot that might get you through it..

Spattersonox

smithy77 wrote: »

Ah thanks, so in other words if a figure is 7 marks for example but in say the Suspense working you had the right idea but wrong figure could I get 3/7 marks or whatever?

you'll get marks for each correct step you take

So if the total marks it is worth is 4 and you're asked to debit 500, credit 500. but you only do one then you'll most likely get half marks as you did half right

smithy77

Spattersonox wrote: »

you'll get marks for each correct step you take

So if the total marks it is worth is 4 and you're asked to debit 500, credit 500. but you only do one then you'll most likely get half marks as you did half right

Ah i understand now, there could be hope for me yet:p thanks!:)

treely

Would it be TOO ridiculous for manufacturing accounts to come up? I know its possible, but would that just be too mean, even for SEC?

RedTexan

treely wrote: »

Would it be TOO ridiculous for manufacturing accounts to come up? I know its possible, but would that just be too mean, even for SEC?

There would be absolute anarchy

moll_bangers

Wow wow wow what are departmental accounts!? I thought q 1 was only sole traders, company and manufacturing accounts!!! Omg panick attack!!:O

yeahhhbuddy

I would legit cry if manufacturing came up!

Yeovil247

For anyone who's really cramming at this stage. This is my opinion of what will come up:

Q1)Company
Q2)Q3)Q4) Don't care.. sorry
Q5)Ratios. State of affairs one.
Q6)Q7) Suspense & Published/Service Firm
Q9)Half Production and Cash/ Flexible

Really hope they come up. Dreading Q1 being a manufacturing or Q6 being a farm.

Lynchy747

yeahhhbuddy wrote: »

I would legit cry if manufacturing came up!

So would I, but there would be uproar and they'd prob just change the marking scheme if no one answered it.

imelle

yeahhhbuddy wrote: »

I would legit cry if manufacturing came up!

that was me last year when manufacturing came up. i was like, might as well just leave the exam now when i opened the paper..

Lynchy747

Yeovil247 wrote: »

For anyone who's really cramming at this stage. This is my opinion of what will come up:

Q1)Company
Q2)Q3)Q4) Don't care.. sorry
Q5)Ratios. State of affairs one.
Q6)Q7) Suspense & Published/Service Firm
Q9)Half Production and Cash/ Flexible

Really hope they come up. Dreading Q1 being a manufacturing or Q6 being a farm.

Thanks, hope service firm comes up it's easy enough like. And the half and half q9 is class

smithy77

ive only company and ratios revised so far:(

emmamurphy233

Anyone else thinking service firm for 60 mark question? It's only been asked twice since 2000 and it's different to the long one so they'd probably think it'd catch people out.
In my opinion,
2. Revaluation
3. Service
4. Suspense
5. Debenture holders and a tricky part c
6. Published
7. Cash flow
9. Production and cash

dancing93

Is anyone leaving out incomplete records? I think I'm going to leave them out but I've already left out suspense and debtors and creditors control accounts (I do the 60mark questions) is it a bit risky?

emmamurphy233

dancing93 wrote: »

Is anyone leaving out incomplete records? I think I'm going to leave them out but I've already left out suspense and debtors and creditors control accounts (I do the 60mark questions) is it a bit risky?

Leaving out suspense is quite risky. I'd say have a look over incomplete A just incase.

dancing93

emmamurphy233 wrote: »

dancing93 wrote: »

Is anyone leaving out incomplete records? I think I'm going to leave them out but I've already left out suspense and debtors and creditors control accounts (I do the 60mark questions) is it a bit risky?

Leaving out suspense is quite risky. I'd say have a look over incomplete A just incase.

I always mess up suspense accounts really bad so I think I'm better off leaving it out! I think it's going to be an all-nighter! Lol

emmamurphy233

dancing93 wrote: »

emmamurphy233 wrote: »

dancing93 wrote: »

Is anyone leaving out incomplete records? I think I'm going to leave them out but I've already left out suspense and debtors and creditors control accounts (I do the 60mark questions) is it a bit risky?

Leaving out suspense is quite risky. I'd say have a look over incomplete A just incase.

I always mess up suspense accounts really bad so I think I'm better off leaving it out! I think it's going to be an all-nighter! Lol

Same here. :P

Nicpp

Lads I've literally just decided i'm not cut out for higher level and have dropped to ordinary .... help! I've no idea whats due to come up? and does anyone know how much easier ordinary is? Seems do-able but i'm having second thoughts already ...?

emmamurphy233

How long do you reckon it would take to revise question 8 stuff? I'd much rather do question 8 but our teacher didn't really do it with us, just spent a week on it and I was out for 3 of the classes because I was sick. I did find it quite easy even doing it by myself and less time consuming than budgeting. Anyway long story short, how long would I need?

smithy77

emmamurphy233 wrote: »

How long do you reckon it would take to revise question 8 stuff? I'd much rather do question 8 but our teacher didn't really do it with us, just spent a week on it and I was out for 3 of the classes because I was sick. I did find it quite easy even doing it by myself and less time consuming than budgeting. Anyway long story short, how long would I need?

I did 2 whole job costing questions there took 10 minutes each and I know them relatively well now. Stock valuation questions don't take long 1 learn either. Product costing haven't looked at yet.

ray2012

Choosing accountancy as a subject was the worst choice i´ve ever made, in my life. Clueless at it really.

yeahhhbuddy

Safe with suspense, incomplete records, ratios and published for section 2?....I sincerely hope so...

emmamurphy233

smithy77 wrote: »

emmamurphy233 wrote: »

How long do you reckon it would take to revise question 8 stuff? I'd much rather do question 8 but our teacher didn't really do it with us, just spent a week on it and I was out for 3 of the classes because I was sick. I did find it quite easy even doing it by myself and less time consuming than budgeting. Anyway long story short, how long would I need?

I did 2 whole job costing questions there took 10 minutes each and I know them relatively well now. Stock valuation questions don't take long 1 learn either. Product costing haven't looked at yet.

Hmm. Thanks. I think I'll do it.