Thursday, March 24, 2011
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Quote:
Originally Posted by mani1
No offense to anyone but commenting on a paper is another thing and attempting it in a competition exam is another. The pattern of paper was completely changed and questions were also given from different topics.
For example in Paper 1 no question was on trading and profit & loss account or Income and expenditure accounts or Accounts of non-profit organizations or cash budget.
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Sorry, did you attempt CE-2011? If yes, then question # 02 of Part-II is from final accounts. Income statement and Trading and Profit & loss A/C are used interchangeably just with the difference of terminology (American vs British and sometimes with a difference of presentation style). Your objection over absences of trading and profit & Loss account is not valid.
Wish you good luck if you are candidate of CE-2011.
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