Business Paper 2

*MmmPie*

What'd ye all think? I thought it was fairly easy, and the Ledger Q1 was grand.

philologos

it had an error on the borrowing Q
i reported it to the supervisor
it had 2,000,0000 for the amount of the quarries lol

Pascal Du Carte

Paper 2 was pure hard 1 was a walk in the park but 2 was a pure female dog. the accounts sucked the ledger was confusing cause of that doyle coyle thing

PurpleFistMixer

No, it said 'quarries worth €2,000,000'...

Alqua

Ugh, paper 2. Bye bye A anyway! I got completely mixed up as to what sides to put everything on in the ledgers, then I got really worried because I thought I'd run out of time and the other account question went fairly awful.

elefant

Pascal Du Carte wrote:

Paper 2 was pure hard 1 was a walk in the park but 2 was a pure female dog. the accounts sucked the ledger was confusing cause of that doyle coyle thing

pascal, you have the brains of a biscuit...

Hugh Hefner

Paper 2 was a welcome delight from paper 1. I did question 1 in about 35 minutes which was longer than I had planned but it was okay. I definately got full marks on it though cos' I had everything: folios, nice presentation and it balanced on my first try. Pure. Skill.

I didn't quite get to finish my fourth question which was annoying but it's alright cos' I didn't lose many/any marks elsewhere in the paper. Really looking forward to a Business A in September.

Roll on science.

Oh and the Doyle-Coyle thing? They're names not freakin' rubix cubes. Lol.:)

It did say, "2,000,000" not "2,000,0000". Maybe it was just your exam papers.

Fobia

PurpleFistMixer wrote:

No, it said 'quarries worth €2,000,000'...

It had an extra 0 in it, ie 20 million rather than 2 million. It was fairly obvious that it meant 2 million by the positioning of the commas, though, so I had already finished the question using the 6 0's when the superintendant told us...

PurpleFistMixer

Fobia wrote:

It had an extra 0 in it, ie 20 million rather than 2 million. It was fairly obvious that it meant 2 million by the positioning of the commas, though, so I had already finished the question using the 6 0's when the superintendant told us...

Ohh, I didn't even notice, tbh. You only use that figure like... for a tiny little one box-to-be-filled-in part of the question, though.

Strokesa

Wasnt it only used for filling in that loan application?Or did i miss something???

Hugh Hefner

Eh, okay, now looking at my exam paper and there is in fact an extra zero. Nevermind my ramblings.:o

X-Man

Happy enuf.... i messed up on the ledger but made up for it by doin 4 udr gud questions...... :cool:

Strokesa

Hugh Hefner wrote:

It did say, "2,000,000" not "2,000,0000". Maybe it was just your exam papers.

Lol, its not like everyone in the country gets the same paper or anything, oh no.

philologos

PurpleFistMixer wrote:

No, it said 'quarries worth €2,000,000'...

lol it had 7 0's then she told us to cross one out

delta214

What was the figure of the ammount of the loan.
And how do you work out the yearly income??

PurpleFistMixer

I got €305,000 for my loan, or thereabouts.

And well, if they make €60,000 a month, and there are 12 months in a year, you multiply 60,000 by 12, and there is your figure for yearly income.

Citizen_Erased

I f'ed up the final a/cs. My revenue reserves was 4000 short apparently but I couldnt find how and I messed up my page a bit trying to

jennyq

I totally loved paper 2, because I didn't really like paper 1. I almost clapped when my balance sheet balanced XD I did the two long accounts, the documents question & the last forms of business/analysis question. I think I did pretty well. Anyone know if there's a site that'll publish solutions like the one with the maths solutions?

X-Man

I found both papers ok.......hopn 4 a B or maybe evn an A!!!!!!!!!!!!!!!!!!!!!!!!!

Hugh Hefner

Strokesa wrote:

Lol, its not like everyone in the country gets the same paper or anything, oh no.

Yeah I know but like, maybe they were printing them, saw the fault and printed the rest correctly (and then forgot to tell anyone about the fault). It could happen.:o