How do they assess each question???

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
I was wondering how they assess each question. I know I got the capital wrong in question 3 so because of this my trial balance didnt balance so will I have got both those questions wrong? <BR><BR>Also I didnt cover all the aspects of Operating lease and Finance lease but cover one so will I get morks for this. <BR><BR>I know my journals and P&L account was fine but not to sure on the appropriatoin account as I gave Dan 750 for Capital interest. <BR><BR>Not to sure if I done the goodwill properly I know one side of the account was fine but not to sure on the other.<BR><BR>I just hope I get marks for my workings and method and not marked down too much for wrong figures in my TB & Appropriation A/C. <BR><BR>Does anyone know what marking system they use?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    How do they assess each question???

    That's the same as me, i've bits right here and wrong bits there....<BR><BR>One question on the partnership app. why was dan's salary £20000 when it had £30000 upto the year end.<BR><BR>And didn't he leave his capital in until the year of the year making it a full years interest on capital £750, not the £500? Maybe i remembering it wrong.. trying to make sense in what i did.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    How do they assess each question???

    The exam had Dan's salary up until teh point he left as £20K in brackets after his £30K salary. <BR><BR>The interest was worked out on the capital as it stood at the beginning of the year - Dan will have removed his capital in the form of a loan as of leaving the partnership.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    How do they assess each question???

    i put dans salary in as 20k as well, but i pro rata his I.O.C, i don't know if that was right - oh well, its done now!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    How do they assess each question???

    So does that mean that the £750 right as worked out @ the beginning of the year?

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