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ACCA CAT - T1 Recording Financial Transactions Mock examination. The only Online Certified Accounting Techinician (CAT)
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can someone discuss the answers for the above questions with me?
ReplyDeleteYes we can discuss the questions here. infact the answers are not provided bcoz students can discuss these answers. by mere provision of answers will not instill confidence and clarity of concepts in students.
ReplyDeleteplz write the question here which u want to discuss.
HI! I JUST TO LET U KNOW HOW GREATFULL I AM TO FIND YOUR WEBPAGE THRU THE INTERNET! I'M A CAT STUDENT PREPARING FOR MY T1 EXAM COMING 17/3/2009! IT WILL BE VERY USEFULL AND HELPFULL IF U CAN MAIL ME THE ANSWER FOR ACCA CAT - T1 Recording Financial Transactions Mock examination. The only Online Certified Accounting Techinician (CAT) !!!! PLS!!! YOUR HELP WILL BE VERY MUCH APPRECIATED!!!
ReplyDeletePLS MAIL THE ANSWER TO koshna_purusothaman@yahoo.com
Respected visitor as immediately above.
ReplyDeletewe are very thankful for the appreciation of urs, the answers to the above mock exams really is easy for us to provide, but the point of providing these papers is to instill confidence in students which can only be possible when students put theirselves in discussion over questions and share their concepts.
attempt the question and if u get stuck in any question above just type that question here and we will reply with prompt response
Thanks
I want the solution of 1st question on page 6 n 1st question on page 28
ReplyDeleteFirst question of page # 26:
ReplyDeleteBal as per bank statement: 368.90 [Dr]
less:
Unpresented cheques: <226.50>
--------
142.40 [Dr]
Note: 1
question has asked about the balance before the adjustment of errors. now there is just one error i.e. is of undercasting. so that error will not be treated.
Note: 2
the bank charges will not be added back as it is clear that only balance before adjustment is required, which means the bank charges are included in the balance of bank account in the cash book.
first question on page # 6:
ReplyDeleteat first we have to calculate the amount that is paid by peter to nigel, as 1580 is the list price excluding the sales tax of 17.5%, and as we know the debtor has to pay the amount
= list price + Sales tax.
so it will be
1580*1.175 = 1856.5
or
1580 + (1580*0.175)= 1856.5
now, in june's analysis this amount was part of the amount 3117.40 under 30-60 days heading.
as 1856.5 is paid the amount that is left is:
= 3117.40 - 1856.50 = 1260.90
as the month has passed, 1260.90 will be added with the already receivable amount of 985.60 and in sum this amount will become
= 1260.90 + 985.60
= 2246.50
if u get any confusion or have some queries do ask :)
ReplyDeleteI didnt get the solution of the question about BRS. The balance 142.40 is adjusted balance. We always get adjusted balance of cashbook after reconciliation.
ReplyDeletethere are 2 types of adjustments that we make in cash book.
ReplyDelete1. any transaction or amount that is recorded in the bank statement but it is not recorded in the cash book. (like the bank charges in this case)
2. any type of error made by us in the cash book (like under casting in this case).
The question has asked to disregard only the adjustments that are related to errors and not the adjustments that relates to recording amounts that we didn't recorded as we had no idea until the bank statement reached us. recording any amount late is not an error.
This comment has been removed by the author.
ReplyDeleteo o how cn v sure dt our ans r rite?
ReplyDeletediscuss them here. as we have answered the question asked previously ( as u can see the posts above ) we will be happy to answer your questions too.
ReplyDeletek dn start 4m ques no 1 til end:D
ReplyDeletehehehe. nice :)
ReplyDeletewell 2mrw i hv my papr ov t1
ReplyDeleteplz pray 4 me aftr namaz
our team and the respected visitors will surely be praying for all the students of CAT and ACCA appearing in exam have.
ReplyDeletegood luck
Hey I dont get any link here Just a blank screen below the words ACCA CAT - T1 Recording Financial Transactions Mock examination. The only Online Certified Accounting Techinician (CAT)
ReplyDeleteDawood u need to download flv player to see the papers.
ReplyDeleteHI KAKA! HOW ARE YOU!
ReplyDeleteI'M HAVING MY CAT T1 EXAM AROUND THE CORNER!
CAN YOU PLEASE CHECK THE ANSWERS FOR ME!
YOUR HELP WILL REALLY APPRECIATED! I WILL POSTING 25 QUESTIONS DAILY FROM THE CAT T1 MOCK EXAM PAPER!
ANSWER: [PAGE 1 - PAGE 15]
----- TEXT HIDDEN -----
Hi @ above,
ReplyDeletewe will be looking forward to ur answers and will tell u whether they were correct or not, but do give us sometime so that we can report back to u with satisfactory confidence.
Regards,
Kaka
main ne page 2 to 6 answers kea han please my answers.2,3,4,2,2,3,4(page 5 Q2)please help me this Q
ReplyDeletemare cbe exams agle week han plz mugh ko in k answers malom kr dan plz glde iam very thanks to you
ReplyDeleteHI KAKA! HOW ARE YOU!MY EXAM IS ON THE 10 SEPTEMBER 2009! PLEASE HELP ME OUT!
ReplyDeleteKAKA CAN CONTACT ME BY MY E-MAIL ALSO
--email address hidden--
HERE IS ANOTHER 25 QUESTIONS CONTINUING FROM THE
PREVIOUS POSTING ON THE AUGUST 29, 2009 5:52 AM!
[PG. 16 - PG. 32 ]
--Text Hidden--
i am asking you that my cbe is held on monday ihave no clear the topic of payroll and BRS please help me this topic i am waiting your answer
ReplyDeleteHI KAKA!
ReplyDeleteSO HOW ARE YOU GETTING ON WITH YOUR RAMADAN FASTING! GOOD LUCK!
HERE ARE THE REST OF THE ANSWER FROM
PG. 33 - PG. 61!
THANK YOU KAKA FOR KIND ASSISTANTS!
CONTINUATION FROM SEPTEMBER 2,2009 4:02AM
ANSWER:
--- TEXT HIDDEN ---
HERE ARE THE ANSWER FOR THE ENTIRE MOCK EXAM CBE T1 SET!
KAKA MY EXAM IS AROUND THE CONNER ! I'M SORRY FOR RUSHING AND DISTURBING YOU!
THANK YOU SOOO MUCH
Hi there, We are glad that u have attempted all of the questions and we have received ur answers we hope that we will upload the correct ones by today or tomorrow so that it can benefit other students too.
ReplyDeleteWe actually tried very best to make up with answers but we are busy in so many other things that's why we got very late.
Regards,
Kaka
kaka ur gr8 n ur site is also gr8 yar yeh jo ap ne mock papers t1 ke rakey hain inn ke answer bhii rak denn
ReplyDeletehi..dont u have offline mock exam for T4?
ReplyDeletemy examx ov t 1 2 3 cumund days plz give me guideline nd help me out thx
ReplyDelete