The mark scheme awarded 1 mark each for the correct treatment of depreciation and profit/loss on the sale of non-current assets.
The mark scheme strictly followed the "no goodwill account" method. Marks were awarded for correctly calculating the total goodwill and then splitting it according to the old profit-sharing ratio (PSR) and the new PSR. ib g jun17 accn4 mark scheme exclusive
The IB G Jun17 ACCN4 mark scheme remains a vital resource for practicing high-level accounting logic. By focusing on the nuances of goodwill adjustment and the interconnectedness of variances, you can move from a passing grade to an A*. The mark scheme awarded 1 mark each for
Precision was required in adjusting asset values. Students often lost marks for failing to account for the depreciation of revalued assets mid-period. 2. Statement of Cash Flows The IB G Jun17 ACCN4 mark scheme remains
The mark scheme awarded 1 mark each for the correct treatment of depreciation and profit/loss on the sale of non-current assets.
The mark scheme strictly followed the "no goodwill account" method. Marks were awarded for correctly calculating the total goodwill and then splitting it according to the old profit-sharing ratio (PSR) and the new PSR.
The IB G Jun17 ACCN4 mark scheme remains a vital resource for practicing high-level accounting logic. By focusing on the nuances of goodwill adjustment and the interconnectedness of variances, you can move from a passing grade to an A*.
Precision was required in adjusting asset values. Students often lost marks for failing to account for the depreciation of revalued assets mid-period. 2. Statement of Cash Flows
