BTC Question PCTCT

mini_schnauzer

Hello
I am using the Kaplan book - Specimen paper question page 460.

I'm calculating PCTCT and there is a Non Trade Profit £3,900. Thats fine I add this to the trading profit after capital allowances are deducted.

What Kaplan's answer is £3,900 less debt written off loan to a supplier of £2,400.

The thing is I have already added the £2,400 back to the Net Profit to get the correct Adjusted Trade Profit figure.

The Kaplan book is so full of errors on the mock exam practice papers, so I don't know if it is the book that is wrong or me.

Help - I am starting to worry now

Symbol

BTC Past papers please

A very kind business teacher on this forum has revised the last 3 exam papers to FA 2008 standard. If you would like me to send these to you let me know. My email address is diane_louises@hotmail.com

mini_schnauzer

Hi

Thanks, but i have the 3 papers from Tall Rodney.
The Kaplan book I am using is the current one for FA08 - it is just full of errors!

GemmaLouise

The books wrong!!!

It should just be the 3900!!!

mini_schnauzer

Thanks - I thought i was right, but I feel better now you have confirmed it.

GemmaLouise

Theres so many errors id stay away from the kaplan book and stick to the past papers!!

It just gets too confusing!!!!


Good luck tomorrow!!!!

Lyn32

Hi Schauzer!
I agree with you a lot of mistakes on Kaplan book I went back working some of the task yesterday when I check my answer its completely different.

I give up I don't want to shutter my confidence for the last minute I have focus on the revision papers that they sent it to me.

Good luck!