F3 Mock Answers 201603
F3 Mock Answers 201603
F3 Mock Answers 201603
1 2 3 4 5 6 7 8 9 10
A C 5400 126000 7368 D 11910 B 20200 C
11 12 13 14 15 16 17 18 19 20
A D 281000 D B C BD 22240;0 Loss360 C
21 22 23 24 25 26 27 28 29 30
36750Dr A B B C BC C B C D
31 32 33 34 35
C D B D C
Section Ⅱ
$000
Revenue 1,800
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Workings
$000
Cost of sales
Purchases 1,140
Closing inventory ( 75 )
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1,225
Depreciation (W2) 59
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1,284
740 x 5% (37) 37
59
Trade receivables
(b/f) ( $10,000 )
change 6,000
Liabilities
Non-current liability 12,000
Payables 7,000
Capital
Share capital 140,000
Retained earning 44,590
Other reserve 5,000
NCI interest 20,810
Total Liabilities and Capital 229,400
CONSOLIDATED SOPL OF WIND GROUP FOR THE YEAR ENDED 31 DEC. 2015
Group
Revenue 115,000
Cost of sales 79,350
Gross profit 35,650