Jis NY FOA ka paper daina hai woh correction of errors achy sai tayaar karlai ga
Kyu KY AJ paper Mai errors ziada thiin
FOA loss ki distribution aye thi.Aur Dawood shaid ki assignment sai bss 2-3mcq aye thay baqi Alllah ka shukr hai thek ho gia paper pichli dafa sai ziada tricky tha.Final account bhi 5 -6no. Ka shi ho gia.Aur baqi Allah pak behtr karay gai .Pehlay 4 chapters sai bhut kam thay questions aur 5 sai bss 1 mcq aya mujhay 6 mai sai3 thay aur 7 chapter kai 5-6 thay aur thoray tricky thay Aur chapter no .8 mai sai kafi questions pochay thay.Chapter no. 3 sai Discount walay pochay thay questions aur pehlay chapter mai sai 2 aur 2 chapter mai sai entries pochi hoi thi
FOA feedback.
The paper was tricky. It contained a lot of theory compared to numerical questions and was a bit difficult. The final accounts section was average.
Chapter 1 to 3: 5 to 7 MCQs
Chapter 4: 3 MCQs
Chapter 5: 4 MCQs
Chapter 6: 6 MCQs
The remaining MCQs were from other chapters.
Final account average tha..
Partnership Wala bhi tha.
FOA Feedback
FOA ky paper mein almost 20 -25 mcq theory ky thy baki numerical mn 4-5 thory tricky thy rest were easy
Final account difficult tha usmn adjustments link kar ri thin or tough thin ,
account perpetual ka tha โฆ
Zyada paper inventory depreciation bad and doubtful debt sy tha
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๐๐ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง ๐
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In which book of prime entry offset of receivable & payable be usually be recorded?
a) Cashbook b) Petty cash book
c) Error correction book d) General Journal
A cheque is issued to withdraw cash for office use will be presented in cash book at:
a) Payment side only b) Receipt side only
c) Payment and receipt both sides d) None of these
What is the entry of irrecoverable debts unexpectedly recovered ?
a) Debit: Receivables
Credit: bank Account
b) Debit: Bank Account
Credit: Bad debt exp
c) Debit: Receivables
Credit: Cash Account
d) Debit: Payables
Credit: bank Account
Trading account does not include ?
a) Comparison of sales with Cost of Sales b) Gross Profit
c) Cost of sales d) Net profit
Which of the following is/are correct?
- All items of property plant and equipment should not be depreciated
- Dep start in straight line method when asset available for use
a) Both are correct b) None is correct
c) Only 1 is incorrect d) Only 2 in incorrect.
An entity received electricity bill for the month of June 20. The bill will be paid on 10 July 20. The entity financial
year ends on 30 June. How would the bill be recorded on 30 June ?
a) Debit utilities payable and credit electricity expense b) Debit utilities payable and credit cash
c) Debit electricity expense and credit utilities payable d) Debit electricity expense and credit cash
Which 2 should be revised & reviewed (if required) for better results?
a) useful life b) physical life c) residual value d) book value
Which of the following is correct?
(I) Purchase order is issued by seller to buyer.
(II) When an invoice is received from a supplier, it should be checked with goods received note.
Select the most appropriate answer:
a) Only (I) is correct b) Only (II) is correct
c) Both are correct d) None if correct
A purchase of 23000 was recorded in purchase as 32000 and in creditor a/c as 3200 . Correcting entry??
Balance of which TWO of the following groups of item would appear on same sides of a trial balance?
a) Capital and accumulated depreciation b) Sales and return outwards
c) Sales and return inwards d) Purchase and return outward
Which of the following statements are correct?
(I) Each sales return posted to Cr. side of individual a/c
(II) Total of sales day book is posted to the debit side of trade receivable account.
Select the most appropriate answer:
a) Only (I) is correct b) None is correct
c) Both are correct d) Only (II) is correct
Correct statement??
a) Business entity concept assumes that owner & business are separate b) sole proprietor & partnership also follow business entity concept
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๐๐๐๐๐๐๐ค:
Paper moderate level ka tha
Depreciation se 4 mcqs thy do theory or do numerical
Inventory se 3 mcqs thy 3 numerical 1 theory ka brs SE 2 numerical thy bad debt SE numerical or theory puchi thi error of original entry
Shuru k chp mein second chp se ziada mcqs thy
Petty cashbook k b 2 mcqs thy or partnership ka loss Wala question Aya tha
FOA Feedback
FOA ky paper mein almost 20 -25 mcq theory ky thy baki numerical mn 4-5 thory tricky thy rest were easy
Final account difficult tha usmn adjustments link kar ri thin or tough thin ,
account perpetual ka tha โฆ
Zyada paper inventory depreciation bad and doubtful debt sy tha
FOA Feedback
Paper was quite easy.
Partnership questionโฆwith 10% on capital,5% on drawings
30k salary to partner A
10 bonus to partner B โฆ
Profit of Partner B was requiredโฆ
20 marks question with quite easy adjustement.
Most of the questions were theoretical.
Correction of errors and accural prepayment theory .
Overall was easy but due to their poor system my papers was paused for 20 mints and then loged in againโฆso i panic and cried for 20 mints.
FOA Feedback
Assalam o alaikum
FOA FEEDBACK.
Paper moderate thaa correction of errors main se almost 5 questions aaye thay
Partnership loss wala thaa commission deeya hua tha
Final account bhi easy tha .
Most important sir permal sajjad ke new july walay assignments main se 13 to 15 questions aaye thay values bhi wahi thi thi .
