Accountancy and Auditing 2010
 

hi guys
today was accounting paprs
it was easy i think
but MCQ's for both paprs were tough
share answers of question no.4 (Ratio Analysis), and Q.no.5. i attempted that one
i think it was so easy as i studied Comparative balance sheet in my MBA course but i want some accounting cheetays to come and share MCQ's
now papr 2
share taxable income i calculated it 488000. is it correct?
also MCQ's

Sharing Answers
 

Well I attempted Css-2010 Half Heartedly as I Prepare 2 Months and after study gap of 3 years.

Well as of me

Paper - I
Q-4 (Ratio Analysis) (In Decimal Figure)
[B]1, 0.375, 0.571, 1, 0.368[/B]
Q-6 (Final Accounts)
[B]G/P 87050 , N/P 56700 , P&L 32873 , B/S 210700=210700[/B]

Paper - II
Q-2 (Cost Acc)
[B]WIP 30000[/B]
Q-7 (Taxable Income)
[B]453000[/B]

Someone correct me as all answers are not supposed to correct and I don't want to see books for atleast one month.

yaar for taxable income
medical facility by employee and
profit on sale of shares of listed public ltd compony were exampted
because its my daily work in office
so answer would be Rs. 488,000

COGS 30,000 WIP correct

Ratios
FA ratio=FA/TA
all units were in times

Lets make a group of accountancy students , for 2011 css exams
 

What ever we have performed in CSS 2010 Accountancy paper is done and and can not be changed.

Anyway in paper I ..... I have have done well in short notes , Ratio Analysis and Final Account.

In paper II the cost of production report , and Taxable Income.


There is a need 2 tackle the Income Tax Problems jointly , so I request those who have accountancy as an optional paper... Lets solve past Income tax problems....

And Solve Accountancy papers from 2000 to 2010 in full and then check the answere 2 each other and finaly make a PDF booklet as It would be help 2 all of us in 2011 quick revision.

I have solved MCQs from 2000 to 2009 that I'll share soon here.

Let me know whover is interested.

Either u may contact me through this css forum portal

Regards

Umar

Yes
 

There are few candidates for accountancy paper and I am among them.
I am ready to work with you.

umesar
 

I will be thankful if you share answers for past years mcqs

accounting & auditing paper I & II required
 

i want accounting paper i & ii of 2010 required . plz if u had appeared in that paper so plz send me this paper & also give me some tips about the definitions of 30 marks. what will be the ideal way of memorize those definition or clear all types of concepts relating accounting & auditing. refer some good books for concepts & it must be precise
thnaks i wil be appreciated if u reply me

Muhammad Ali Sheikh

[QUOTE=umesar;175346]What ever we have performed in CSS 2010 Accountancy paper is done and and can not be changed.

Anyway in paper I ..... I have have done well in short notes , Ratio Analysis and Final Account.

In paper II the cost of production report , and Taxable Income.


There is a need 2 tackle the Income Tax Problems jointly , so I request those who have accountancy as an optional paper... Lets solve past Income tax problems....

And Solve Accountancy papers from 2000 to 2010 in full and then check the answere 2 each other and finaly make a PDF booklet as It would be help 2 all of us in 2011 quick revision.

I have solved MCQs from 2000 to 2009 that I'll share soon here.

Let me know whover is interested.

Either u may contact me through this css forum portal

Regards

Umar[/QUOTE]
Please share pdf file or solution to past papers of CSS Accounting (long Questions). Keenly waiting for guide.

[QUOTE=Only_Breath;175200]Well I attempted Css-2010 Half Heartedly as I Prepare 2 Months and after study gap of 3 years.

Well as of me

Paper - I
Q-4 (Ratio Analysis) (In Decimal Figure)
[B]1, 0.375, 0.571, 1, 0.368[/B]
Q-6 (Final Accounts)
[B]G/P 87050 , N/P 56700 , P&L 32873 , B/S 210700=210700[/B]

Paper - II
Q-2 (Cost Acc)
[B]WIP 30000[/B]
Q-7 (Taxable Income)
[B]453000[/B]

Someone correct me as all answers are not supposed to correct and I don't want to see books for atleast one month.[/QUOTE]
Please share working of Question 6, 2010. Step by Step