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Summary Edexcel IAL Accounting (WAC12) short note book $5.49   Add to cart

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Summary Edexcel IAL Accounting (WAC12) short note book

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This book is written for the students who want to revise all the chapters in A2 accounting exam (edexcel) quickly before their exam. After each chapter do the past papers according to the revision plan (Past Papers) at the end of the book .This book is not endorsed by Edexcel or Cambridge. All ...

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  • November 7, 2018
  • 45
  • 2018/2019
  • Summary

2  reviews

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By: saifisufian78 • 1 year ago

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By: priyangaanuradhasenadheera • 2 months ago

Hi Safia go to my youtube channel and go through lesson, it is free. Channel name: edexcelsupport more videos will be uploaded soon.please subscribe share among your friends. Best regards Anuradha

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By: ahmadraza • 5 year ago

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ACCOUNTING SHORT NOTES BOOK
IAL (A/L) EXAMINATION

Contents


1. Break Even Analysis
2. Valuation of stock (Marginal & absorption)
3. Contribution and costing
4. Ratio analysis
5. Variance analysis
6. Investment appraisal
7. Consolidated Accounts
8. Cash flow statement
9. Budgeting
10. Publish Accounts




1

,This book is written for the students who want to revise all the chapters in
A2 exam (edexcel) quickly before their exam.

After each chapter do the past papers according to the revision plan (Past
Papers) at the end of the book

This book is not endorsed by Edexcel or Cambridge.

All the best for your exam.




Anuradha Senadheera {(BBA, MBA, PhD (reading), FIPFM (UK), AFIML (Australia)}




2

, Chapter 1

Break Even Analysis


 Break Even point is a place where Total cost is equal to Total revenue. Company earns neither profit nor
loss in this point.



Formulas to study

1) B.E.P(units) =
Fixed cost
Contribution per unit

2) B.E.P(value) = B.E.P(units) x Selling price

3) Margin of safety (units) =
Existing output –B.E.P output
4) Margin of safety (value) =
Margin of safety (units) x Selling Price
5) Profit =
Total Contribution - Fixed cost




Angle of Incidence


Profit

B.E Value
B.E Point
S
a
l
e
Loss



Output
B.E Output



Profit
3

, Note:



ADVANTAGES OF BREAK EVEN ANALYSIS DISADVANTAGES OF B.E ANALYSIS
Easy method / Easy to understand It is assumed that all output is sold
Helps to measure profit and losses at different Depends on the accuracy and the quality of data
levels of production used
Help in decision making Time consuming to prepare



Do: 2008 June Question 4 here.




4

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