Question

Anyone good at Accounting here?

Answer 1

Question 6,7 and 9. http://onlineexamhelp.com/wp-content/uploads/2012/06/9706_s08_qp_3.pdf

Answer 2

@uri here will do.

Answer 3

so basically in question number 6, you have to take preference shares at premium 20% cuz they redeemed

Answer 4

so basically, you see the amount next to preferred shares in balance sheet?

Answer 5

that's 2000, so 2000*20/100= ?
the amount needs to subtract from 2000

Answer 6

2000-400?

Answer 7

ye im guessing capital fund is another name for preferred shares?

Answer 8

Uh, no. The answer is 2000 actually.

Answer 9

really?

Answer 10

Yeah lol

Answer 11

idk man, lol its been years

Answer 12

It's okay then.