Disclaimer
See a world
Far away
Where the stars
Whisper dreams
And nothings as it seems
Come,
To a world
Take a chance and find
It's where magic comes to play
It's not so far away
Beyond the clouds and the sea
Where day dreams run like rivers
Or dance with the breeze
An open door of imagination
Deep in your heart you'll find the key
Come take a journey through a world of wonder
Will great adventure will find you
Where every question,
Finds an answer
And all your wishes come true
We all need to find a happy ending
Between today and tomorrow
Close your eyes
Keeping the hope alive
Just look inside yourself
You'll find your way
Everyone has a Dream
each tile : $8
trade discount : 20%
cash discount : 2.5% within 14 days
era bought 100 tiles on 16 april 2008
return 10 tiles on 20 april 2008
pay the rest owing amount on 25 april 2008
calculate how much it pays and transfer to cash book (3 column)
if u get the answer cash discount=$14.40 and bank=$561.60
congratulation..it's correct.
another question.
Moca Ltd wanted to extend the factory with $53000.
The following transaction is included inside.
$3000 renew the tile of the factory.(it's a expense)
$5000 (forgot what le)but(it's a expense)
wad is the total amount will be shown in Profit and Loss Account?
if your answer is $53000,you're are right.
you know why?Cause extention of factory also under expense.
which go to Profit and Loss Account..
But i heard another answer from my friends..
IT CAN BE ZERO ALSO..cause the answer could be capital expenditure--->B/S..
So what should i say about todays POA paper 1?
IT'S DAMN TRICKY,
and the teacher who set the paper must be very happy right now.
i take my time to do..tried my best le.
that's the wrap up of all the test paper..
now it only left with zero paper tmr..
lets rejoice for the end of those paper.
Dunnid study LOOOOOOOOOOOOOOO!!
Looking forward to results day~
Friday, May 9, 2008 @ 10:08 AM
