ALL Current Final Term Papers Spring 2015 & Past FinalTerm Papers at One Place from 22 August 2015 to 2 September 2015

[Muhammad Jawad]

Please Share ALL Current Final Term Papers Spring 2015 & Past FinalTerm Papers at One Place from 22 August 2015 to 2 September 2015

[Roshni]

Accounts payable at the beginning Rs 250000
accounts payable at the end Rs. 190000
Credit purchases Rs. 200000
calculate cash payment in the form of accounts payable ledger.

plz solve this

[Hafeez ur Rehman Fahad]

Make  T- A/C for A/C Payable

Opening Balance                               250000

Credit Purchases                               200000

Cash Payement (Diff of all)260000

Less Closing Balance(should be)        190000

[Roshni]

 koi past papers he solve kar ka post kar da

[Pirates]

It Was very difficult exam.

Mcq's were not from past papers at all almost.

Other questions are as follow:

Q1-What is the accounting treatment of asset and rentals under operating lease in the books of lessee?

 

Q2-List down any three major items that can be used in determining cash flow from investing activities as per IAS-7.

 

Q3-Major Items used in Cash flow from investing activities as per IAS-7 are as follow:

 

Q4-If:

• Retained earning at the beginning      Rs. 1,000
• Dividend paid during the year            Rs. 500
• Retained earning at the end                Rs. 2,500

Required: Prepare statement of retained earnings to determine net income.

 

Q5-Enlist the items which should be disclosed on the face of income statement as allocation of profit and loss for the period.

 

Q6-Discuss Contingent Liability as per IAS-37:

 

Q7-Enlist the situations which normally lead to a lease being classified as an Operating Lease.

 

Q8-Explain the difference between administrative and selling cost with appropriate examples.

 

Q9-Briefly describe Disclosure requirements of “Prior Period Errors” as per IAS-08.

 

Q10-The following information is available from Burger corporations for the year ended December 31, 2014.

 

Particulars	Rs.
Cash received from customers	870,000
Rent received	10,000
Cash paid to suppliers and employees	510,000
Taxes paid	110,000
Cash dividends paid	30,000

 

Required:

Prepare schedule to determine

 

Q11-Write down the conditions which are necessary for recognizing a provision as per IAS-37.

 

[Hafeez ur Rehman Fahad]

my todays Paper 

MCQ's were not about asking for IAS / Sections, some calculation based like compound interest / simple interest / Prent Value 

Subjective: 

Operating Activities 

Diff B/W Distribution Costs and Selling Cost

find PV of MLP 

Constructive Obligation 

IAS 8 if there is no IAS then how to manage company policy 

[Roshni]

Students plz paper share karo plz

[raja taimoor]

My today's paper

Mcq,s were a little bit tough and not from past papers mostly,,

Subjective q,s were,,
Recognition of provisions,
MLP includes?
Cost of goods include?
Find and correct the given values of Pv of future cash flows?
Revenue ans sale of good recognition,,
Write cf from financing activities,,

That's all I can remember,,,
Pray for me and best of luck,,