Do not open this examination paper until the presiding officer or an invigilator tells you to.
|
|
- Madlyn Goodwin
- 5 years ago
- Views:
Transcription
1 Please complete this box: Candidate number: as indicated on your admission slip Desk number: If you are using a calculator, please enter the make and model number: Make (company name): Model number: Subject no. 50B Paper 2 Accounting Tuesday morning, 28 November 2017 Time allowed: 1 hour 30 minutes Do not open this examination paper until the presiding officer or an invigilator tells you to. You must not take this paper out of the examination room. The examination paper contains 18 questions and is divided into three sections. You must attempt all questions in Section A and Section B, and two questions in Section C. Section A contains 15 marks, Section B contains 30 marks and Section C contains 30 marks. There are 75 marks available in total for the paper. You should allow yourself approximately 20 minutes in total to answer the questions in Section A, 30 minutes in total to answer the questions in Section B, and 20 minutes for each of the questions attempted in Section C. You may continue your answers on a separate sheet of paper if necessary. Separate answer sheets are available from the invigilator. Note: Unless otherwise specified, you should assume that an Act or an organisation referred to in the questions is a UK Act or organisation. ICSA, 2017 Page 1 of 21
2 ICSA, 2017 Page 2 of 21
3 Section A Answer all questions in this section. Continue your answers on a separate sheet of paper if necessary. 1 Which of the following items of expenditure would be classified as capital expenditure? (Tick one box only) A B C 5,344 on coach hire for a staff outing 7,125 on replacing flood-damaged stock 7,600 on new computers D 9,500 on rent (1 mark) 2 Explain why published accounts should follow the prudence concept. (2 marks) 3 When an organisation receives a product delivery, it creates a source document to send to its accounts department so that the invoice can be paid. What is the name of this document? (1 mark) ICSA, 2017 Page 3 of 21
4 4 The following balances were extracted from the books of a sole trader, Zennon, at 31 October Sales 57,000 Cost of sales 34,500 Operating expenses 13,650 Inventories 7,725 Trade receivables 2,280 Bank 9,180 Trade payables 13,629 Showing your workings in the box below, calculate Zennon s trade receivables ratio. Trade receivables = (2 marks) 5 Explain what a prepayment is. (2 marks) ICSA, 2017 Page 4 of 21
5 6 Give an example of a type of company which, under FRS 102, is now likely to use the term statement of financial position rather than balance sheet. (1 mark) 7 What is the generic name for organisations such as health authorities, charities and local sports clubs? (1 mark) 8 A customer pays a supplier for goods they previously purchased on credit. Show the correct book entries for the supplier to record this payment. Dr Account Cr Account (2 marks) ICSA, 2017 Page 5 of 21
6 9 At the end of the financial year, the following extract was taken from the books of Maxine Sylvar, a sole trader. Sales 79,800 Cost of sales 48,300 Gross profit 31,500 Debtors 9,580 Bank 12,852 Maxine s books did not reflect an unrecoverable bad debt of 1,120. In addition, she always makes a 5% provision for doubtful debt. Showing your workings in the box below, calculate Maxine s revised debtors balance as at the financial year end. Debtors balance = (2 marks) 10 The method of depreciation which a company must use is specified in an accounting standard. Is this true or false? (Tick one box only) True False (1 mark) Total for Section A = 15 marks ICSA, 2017 Page 6 of 21
7 Section B Answer all questions in this section. Continue your answers on a separate sheet of paper if necessary. 11 Complete the missing entries in the following statement of financial position. Year ended 31 October Noncurrent assets Current assets Current liabilities Net current assets Noncurrent liabilities ,750 13,050 (500) 17,060 Equity ,655 12,575 25,550 20, ,335 16,575 1,120 24,405 (6 marks) 12 Using examples, explain what each of these books of original entry is used for. (a) Sales returns daybook (3 marks) (b) Purchase daybook (3 marks) ICSA, 2017 Page 7 of 21
8 13 The following transactions were carried out by Gibbz production last month. Complete the grid below to identify which accounts will receive the debit and credit entry. Transactions Debit Credit i. Purchased a car on credit from Gyant Karz ii. iii. iv. Sold stock for cash Purchased goods on credit from Jennings Sold goods on credit to De Lane v. Disposed of some fixture and fittings for cash vi. Knowles Partnership, a new client, returned goods purchased on credit 10 days ago (6 marks) 14 If they are read in isolation, financial statements may give a limited perspective of an organisation s financial position. Explain how the use of accounting ratios can help overcome this problem. (6 marks) ICSA, 2017 Page 8 of 21
9 15 Explain three elements of internal controls within the double-entry bookkeeping system. i ii iii (6 marks) _ Total for Section B = 30 marks ICSA, 2017 Page 9 of 21
10 Section C Answer two questions only. Continue your answers on a separate sheet of paper if necessary. 16 The trial balance of Byrne s Electronics for the year ended 31 October 2017 is shown below: Sales 131,250 Inventories at 1 November ,375 Purchases 36,250 Salaries 16,250 Telephone 3,750 Travel expenses 9,750 Office administration 1,225 Rent 28,750 Computers at cost 17,500 Fixtures and fittings at cost 20,000 Provision for doubtful debtors 625 Debtors 6,000 Creditors 20,500 Bank 1,950 Cash 775 Drawings 13,750 Capital 7,750 Provision for depreciation: Computers 7,000 Fixtures and fittings 7, , ,325 Notes (i) Inventories at 31 October 2017 were valued at 5,775. (ii) Telephone charges for the year to 31 January 2018 were 3,500. (iii) Computers are depreciated on cost at 25% per annum. (iv) A repairs and maintenance bill of 1,055 was unpaid on 31 October (v) (vi) An unpaid debt of 1,250 is to be written off. Fixtures and fittings are depreciated at 20% on the reducing balance basis. (vii) Provision for doubtful debts is to be maintained at 10% of debtors. Prepare the income statement for Byrne s Electronics for the year ended 31 October (15 marks) ICSA, 2017 Page 10 of 21
11 ICSA, 2017 Page 11 of 21
12 ICSA, 2017 Page 12 of 21
13 ICSA, 2017 Page 13 of 21
14 17 The following comparative information has been extracted from the financial statements of Mullery Telecoms Ltd. 31 October October 2016 Turnover 130, ,000 Cost of sales 110,000 96,000 Gross profit 20,000 24,000 Retained profit 10,000 15,000 Non-current assets 10,000 14,000 Inventories 15,000 16,500 Trade receivables 25,000 30,000 Bank 5,000 2,500 Current liabilities 8,000 10,000 Total equity and liabilities 55,000 63,000 Showing your workings in the boxes below, calculate the following ratios for 2017 and 2016, and provide a comment on the effect of each ratio: Gross profit margin. Acid test. Inventory holding days. (15 marks) ICSA, 2017 Page 14 of 21
15 Gross profit margin Comments: ICSA, 2017 Page 15 of 21
16 Acid test Comments: ICSA, 2017 Page 16 of 21
17 Inventory holding days Comments: ICSA, 2017 Page 17 of 21
18 18 StoreCo plc ( StoreCo ) began as a small, family business 30 years ago and has grown into a multinational fashion business, with 105 retail outlets across three continents. It has 12 distribution centres, employing 10,000 people in total. Family members still own 30% of the company. StoreCo prides itself on providing its customers with the latest in high quality fashion wear across all age groups and works closely with its local suppliers. The company seeks to source at least 40% of its products from local suppliers in the host countries. Over the last five years, StoreCo has successfully reduced its level of external debt. However, StoreCo no longer offers new employees access to its pension scheme. StoreCo s management is optimistic about the business environment for the next three years. Using the scenario above, identify five groups who may use StoreCo s annual financial statements. For each group, discuss the decisions that they could make using this accounting information. (15 marks) ICSA, 2017 Page 18 of 21
19 ICSA, 2017 Page 19 of 21
20 ICSA, 2017 Page 20 of 21
21 _ Total for Section C = 30 marks Total for paper = 75 marks The scenarios included here are entirely fictional. Any resemblance of the information in the scenarios to real persons or organisations, actual or perceived, is purely coincidental. END ICSA, 2017 Page 21 of 21
22
23
24 Do not write on this page examiner use only Section A Section B Section C Question Question Question Total Total Total Total marks for paper: Marker (full name): Reviewer (full name): Clerical check (full name): Examiner review:
Accounting Fundamentals
Subject no. 50A Certificate in Offshore Finance and Administration Accounting Fundamentals July 2012 Tuesday morning 10 July 2012 Time allowed: 2 hours Do not open this examination paper until the presiding
More informationDo not open this examination paper until the presiding officer or an invigilator tells you to.
Please complete this box: Candidate number: as indicated on your admission slip Desk number: If you are using a calculator, please enter the make and model number: Make (company name): Model number: Subject
More informationAccounting Fundamentals July 2012
Accounting Fundamentals July 2012 Suggested answers and examiner s comments Important notice When reading these suggested answers, please note that the answers are intended as an indication of what is
More informationDo not open this examination paper until the presiding officer or an invigilator tells you to.
Please complete this box: Candidate number: as indicated on your admission slip Desk number: If you are using a calculator, please enter the make and model number: Make (company name): Model number: Subject
More informationCharity Law and Governance
Please complete this box: Candidate number: as indicated on your admission slip Desk number: Subject ref. CLG Level 4 Certificate in Charity Law and Governance Charity Law and Governance June 2016 Wednesday
More informationCharity Law and Governance
Please complete this box: Candidate number: as indicated on your admission slip Desk number: Subject ref. CLG Level 4 Certificate in Charity Law and Governance Charity Law and Governance June 2018 Wednesday
More informationGovernance and Reporting
Subject no. 56A Diploma in Offshore Finance and Administration Governance and Reporting July 2011 Friday morning 15 July 2011 Time allowed: 3 hours Do not open this examination paper until the presiding
More informationCharity Law and Governance
Subject ref. CLG Level 4 Certificate in Charity Law and Governance Charity Law and Governance Sample assessment material January 2016 Time allowed: 3 hours (plus 15 minutes reading time) Do not open this
More informationAccounting Fundamentals July 2010
Accounting Fundamentals July 2010 s and examiner s comments Important notice When reading these suggested answers, please note that the answers are intended as an indication of what is required rather
More informationFinancial Decision Making
Subject no. C16J Chartered Secretaries Qualifying Scheme Level Two Financial Decision Making November 2011 Tuesday afternoon 22 November 2011 Time allowed: 3 hours and 15 minutes (including reading time)
More informationPRINCIPLES OF ACCOUNTS 7110/2
Centre Number Candidate Number Candidate Name CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level PRINCIPLES OF ACCOUNTS 7110/2 PAPER 2 MAY/JUNE SESSION 2002 1 hour 45
More informationAccounting Fundamentals February 2011
Accounting Fundamentals February 2011 Suggested answers and examiner s comments Important notice When reading these suggested answers, please note that the answers are intended as an indication of what
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
*0535568012* UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/12 Paper 1 October/November 2010 Candidates answer on the Question
More informationBSc (Hons) Tourism and Hospitality Management. Cohort: BTHM/12B/FT Year 1. Examinations for 2012/2013 Semester I. & 2012 Semester II
BSc (Hons) Tourism and Hospitality Management Cohort: BTHM/12B/FT Year 1 Examinations for 2012/2013 Semester I & 2012 Semester II MODULE: FINANCIAL ACCOUNTING MODULE CODE: ACCF 1102A Duration: 2 Hours
More informationManufacturing Accounts
All questions copyright of Cambridge International Examinations 1 Manufacturing Accounts All questions copyright of Cambridge International Examinations 2 2 1 The following balances were extracted from
More informationCertificate in Offshore Finance and Administration. Do not open this examination paper until the presiding officer or an invigilator tells you to.
Subject no. 51A Certificate in Offshore Finance and Administration Investment July 2012 Tuesday afternoon 10 July 2012 Time allowed: 2 hours Do not open this examination paper until the presiding officer
More informationPaper 1 International Finance and Administration
Subject no. 52B Level 4 Award in International Finance and Administration Level 4 Subsidiary Certificate in International Finance, Accounting and Administration Level 4 Subsidiary Certificate in International
More informationInternational General Certificate of Secondary Education CAMBRIDGE INTERNATIONAL EXAMINATIONS PAPER 2 OCTOBER/NOVEMBER SESSION 2002
www.xtremepapers.com Centre Number Candidate Number Candidate Name International General Certificate of Secondary Education CAMBRIDGE INTERNATIONAL EXAMINATIONS ACCOUNTING 0452/2 PAPER 2 OCTOBER/NOVEMBER
More informationCertificate in Offshore Finance and Administration. Do not open this examination paper until the presiding officer or an invigilator tells you to.
Subject no. 51A Certificate in Offshore Finance and Administration Investment July 2011 Tuesday afternoon 12 July 2011 Time allowed: 2 hours Do not open this examination paper until the presiding officer
More informationFinal accounts for sole traders and partnerships
Osborne Books Tutor Zone Final accounts for sole traders and partnerships Practice assessment 2 Osborne Books Limited, 2013 2 f i n a l a c c o u n t s f o r s o l e t r a d e r s a n d p a r t n e r s
More informationAccounting. Mark scheme. June ICSA, 2018 Page 1 of 9
Accounting scheme June 208 ICSA, 208 Page of 9 Section A Accrual basis () Going concern () Other responses may include: Stable monetary unit () Units of constant purchasing power () Total 2 2 False ()
More informationCAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
www.xtremepapers.com Centre Number Candidate Number Name CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/03 Paper 3 Candidates answer on the
More informationAccounting *P48370A0120* P48370A. Paper 1. Pearson Edexcel International GCSE. Tuesday 24 January 2017 Morning Time: 2 hours 30 minutes.
Write your name here Surname Other names Pearson Edexcel International GCSE Accounting Paper 1 Centre Number Candidate Number Tuesday 24 January 2017 Morning Time: 2 hours 30 minutes You do not need any
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
*6489769094* Cambridge International Examinations Cambridge International General Certificate of Secondary Education ACCOUNTING 0452/12 Paper 1 October/November 2014 Candidates answer on the Question Paper.
More informationSole Trader Final Accounts
All questions copyright of Cambridge International Examinations 1 Sole Trader Final Accounts All questions copyright of Cambridge International Examinations 2 2 1 Amah Retto's ledger accounts for the year
More informationACCN2 (JAN11ACCN201) General Certificate of Education Advanced Subsidiary Examination January Financial and Management Accounting TOTAL
Centre Number Surname Candidate Number For Examiner s Use Other Names Candidate Signature Examiner s Initials Accounting General Certificate of Education Advanced Subsidiary Examination January 2011 ACCN2
More informationACCN2 (JAN09ACCN201) General Certificate of Education Advanced Subsidiary Examination January Financial and Management Accounting TOTAL
Centre Number Surname Candidate Number For Examiner s Use Other Names Candidate Signature Examiner s Initials Accounting General Certificate of Education Advanced Subsidiary Examination January 2009 ACCN2
More information1 FAFN. You are allowed three hours to answer this question paper. All questions are compulsory.
Examination Question and Answer ook Write your full examination number, your contact I and your name on a double-sided card, which must be attached to this booklet here. Foundation Level Financial Accounting
More informationCertificate in Offshore Finance and Administration. Do not open this examination paper until the presiding officer or an invigilator tells you to.
Subject no. 51A Certificate in Offshore Finance and Administration Investment February 2013 Tuesday afternoon 5 February 2013 Time allowed: 2 hours Do not open this examination paper until the presiding
More informationCertificate in Book-keeping and Accounts
Certificate in Book-keeping and Accounts ASE2007 Level 2 Monday 8 April 2013 Time allowed: 3 hours Information There are 5 questions in this question paper. All questions carry equal marks. Instructions
More informationTHE PUBLIC ACCOUNTANTS EXAMINATION COUNCIL OF MALAWI 2013 EXAMINATIONS FOUNDATION STAGE PAPER 1: ACCOUNTING FRAMEWORK
EXAMINATION NO. THE PUBLIC ACCOUNTANTS EXAMINATION COUNCIL OF MALAWI 2013 EXAMINATIONS FOUNDATION STAGE PAPER 1: ACCOUNTING FRAMEWOR MONDAY 2 DECEMBER 2013 TIME ALLOWED : 3 HOURS 9.00 AM - 12.00 NOON INSTRUCTIONS:
More informationPrepare the necessary journal entries to correct the above. Narrations are not required.
Correction of errors HKDSE (2017, 5) (Correction of errors) ABC Limited drafted a trial balance as at 31 December 2016, before the preparation of the closing entries. As the trial balance did not agree,
More information2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 1: ACCOUNTING FRAMEWORK
EXAMINATION NO. 2014 EXAMINATIONS NOWLEDGE LEVEL PAPER 1: ACCOUNTING FRAMEWOR WEDNESDAY 3 DECEMBER 2014 TIME ALLOWED : 3 HOURS 9.00AM - 12.00 NOON INSTRUCTIONS: 1. You are allowed 15 minutes reading time
More informationA-level ACCOUNTING. Paper 1 Financial Accounting. Time allowed: 3 hours SPECIMEN MATERIAL. Materials For this paper you must have: a calculator.
SPECIMEN MATERIAL Please write clearly, in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature A-level ACCOUNTING Paper 1 Financial Accounting Specimen Time allowed:
More informationTHE TRAINING PLACE OF EXCELLENCE Accounts Preparation Practice Assessment: Questions
THE TRAINING PLACE OF EXCELLENCE Accounts Preparation Practice Assessment: Questions Task 1: Non-Current Assets Register The following is a purchase invoice received by NFS Ltd: Invoice 60754 To: NFS Ltd
More information* * (plus 5 minutes reading time) The marks allocated to each question are shown in brackets. All answers must be written in ink.
Book-keeping and Accounts Level 2 8991-02-002 (NU-BKA 02) This paper must be returned with the candidate s work, otherwise the entry will be void and no result will be issued. *8991002* Candidate s name
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
*7159834754* Cambridge International Examinations Cambridge International General Certificate of Secondary Education ACCOUNTING 0452/11 Paper 1 May/June 2014 Candidates answer on the Question Paper. No
More informationTHIS IS A NEW SPECIFICATION
THIS IS A NEW SPECIFICATION ADVANCED SUBSIDIARY GCE ACCOUNTING Accounting Applications RESOURCE BOOKLET To be given to candidates at the start of the examination F012/RB Friday 21 May 2010 Morning Duration:
More information(50) BASIC ACCOUNTING
All Rights Reserved Time: 03 hours THE ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA Instructions to candidates FOUNDATION EXAMINATION - JANUARY 2015 (50) BASIC ACCOUNTING (1) This paper consists
More information2015 EXAMINATIONS ACCOUNTING TECHNICIAN PROGRAMME PAPER TC1: ACCOUNTING/1
EXAMINATION NO. 2015 EXAMINATIONS ACCOUNTING TECHNICIAN PROGRAMME PAPER TC1: ACCOUNTING/1 TUESDAY 8 DECEMBER 2015 TIME ALLOWED : 3 HOURS 9.00 AM - 12.00 NOON INSTRUCTIONS 1. You are allowed 15 minutes
More informationPearson Edexcel International GCSE Accounting Paper 1 Time: 2 hours 30 minutes 4AC0/01 You do not need any other materials.
Write your name here Surname Other names Pearson Edexcel International GCSE Accounting Paper 1 Centre Number Candidate Number Tuesday 23 January 2018 - Morning Time: 2 hours 30 minutes You do not need
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education *6351257674* ACCOUNTING 0452/13 Paper 1 October/November 2010 Candidates answer on the Question
More informationAccounting (Modular Syllabus)
Pearson Edexcel International Advanced Level Accounting (Modular Syllabus) Unit 1: The Accounting System and Costing Wednesday 12 October 2016 Morning Source booklet for use with Questions 1 to 7. Paper
More informationThis document consists of 9 printed pages.
Cambridge International Examinations Cambridge Ordinary Level PRINCIPLES OF ACCOUNTS 7110/21 Paper 2 MARK SCHEME Maximum Mark: 120 Published This mark scheme is published as an aid to teachers and candidates,
More informationIFA Paper 2. Accounting. Mark scheme. November ICSA 2016 Page 1 of 11
IFA Paper 2 Accounting scheme November 2016 ICSA 2016 Page 1 of 11 Section A 1 A The goods are sent to the customer 1 2 Changes in cost of sales Changes in selling prices Reward other valid responses 2
More informationAccounting *P44292A0120* P44292A. Paper 1. Pearson Edexcel International GCSE. Friday 8 May 2015 Morning Time: 2 hours 30 minutes.
Write your name here Surname Other names Pearson Edexcel International GCSE Accounting Paper 1 Centre Number Candidate Number Friday 8 May 2015 Morning Time: 2 hours 30 minutes You do not need any other
More information* * (plus 5 minutes reading time) The marks allocated to each question are shown in brackets. All answers must be written in ink.
Book-keeping and Accounts Level 2 8991-02-002 (NU-BKA 02) This paper must be returned with the candidate s work, otherwise the entry will be void and no result will be issued. *8991002* Candidate s name
More informationegyptigstudentroom.com
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education *0018636067* ACCOUNTING 0452/13 Paper 1 October/November 2013 Candidates answer on the Question
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
www.xtremepapers.com Cambridge International Examinations Cambridge International General Certificate of Secondary Education *7770172647* ACCOUNTING 0452/22 Paper 2 May/June 2014 Candidates answer on the
More informationTime Allowed: 3 hours
ANSWER BOOKLET: Exam ID 321 Qualifications: Level 3 Certificate in Bookkeeping (QCF) Accreditation number: 500/8479/3 IAB ID 300 Level 3 Certificate in Manual Bookkeeping (QCF) Accreditation number 500/9260/1
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
Cambridge International Examinations Cambridge International General Certificate of Secondary Education *0736616253* ACCOUNTING 0452/12 Paper 1 February/March 2016 1 hour 45 minutes Candidates answer on
More informationPortfolio Management
Subject no. 57A (2) Diploma in Offshore Finance and Administration Portfolio Management July 2013 Friday afternoon 12 July 2013 Time allowed: 3 hours Do not open this examination paper until the presiding
More informationSoft clean eraser Soft pencil (type B or HB is recommended)
*5614158211* Cambridge International Examinations Cambridge Ordinary Level PRINCIPLES OF ACCOUNTS 7110/11 Paper 1 Multiple Choice May/June 2015 Additional Materials: Multiple Choice Answer Sheet Soft clean
More informationExecutive Level. Financial Accounting & Reporting Fundamentals. (3) Section 1(a): 10 multiple choice questions (MCQs) all questions are compulsory.
Copyright Reserved No. of pages: 14 Executive Level Financial Accounting & Reporting Fundamentals Instructions to candidates (1) Time allowed: Reading and planning 15 minutes Writing 3 hours (2) Total:
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education *7471332988* ACCOUNTING 0452/12 Paper 1 May/June 2010 Candidates answer on the Question Paper.
More informationOsborne Books sample material
2 AS Accounting for AQA AS ACCOUNTING UNIT 1: Introduction to Financial Accounting ADDITIONAL QUESTIONS CHAPTERS 1-6: DOUBLE-ENTRY PROCEDURES; BUSINESS DOCUMENTS The questions in this section deal with
More informationFinancial Reporting and Governance
Subject no. 56A Diploma in Offshore Finance and Administration Financial Reporting and Governance July 2013 Friday morning 12 July 2013 Time allowed: 3 hours Do not open this examination paper until the
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education *1892474362* ACCOUNTING 0452/21 Paper 2 May/June 2016 Candidates answer on the Question Paper. No
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
Cambridge International Examinations Cambridge International General Certificate of Secondary Education *0740176464* ACCOUNTING 0452/12 Paper 1 October/November 2016 1 hour 45 minutes Candidates answer
More informationPlease write all your answers in blue or black ink in the answer book provided. There are 3 questions to attempt.
Desk Number. University Card Number FOUNDATION Mid Term Assessment Group November 2016 Accounting 1.5 hours Instructions Please write all your answers in blue or black ink in the answer book provided.
More informationFinancial Decision Making
Subject no. C16J Chartered Secretaries Qualifying Scheme Level Two Financial Decision Making November 2012 Tuesday afternoon 27 November 2012 Time allowed: 3 hours and 15 minutes (including reading time)
More informationSIR MICHELANGELO REFALO
SIR MICHELANGELO REFALO SIXTH FORM Half-Yearly Exam 2015 Subject: ACCOUNTING ADV 1 st Time: 3 hrs Section A Answer all the questions in this section 1. Some clubs operate life membership schemes. (a) How
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/01 Paper 1 Examination from 2010 SPECIMEN PAPER 1 hour 45 minutes Candidates
More informationCBA Model Question Paper CO2. The difference between an income statement and an income and expenditure account is that
CBA Model Question Paper CO2 Question 1 The difference between an income statement and an income and expenditure account is that A an income and expenditure account is an international term for a Income
More informationAGA KHAN UNIVERSITY EXAMINATION BOARD SECONDARY SCHOOL CERTIFICATE CLASS X EXAMINATION MAY Principles of Accounting Paper I
Page 1 of 8 AGA KHAN UNIVERSITY EXAMINATION BOARD SECONDARY SCHOOL CERTIFICATE CLASS X EXAMINATION MAY 2015 Principles of Accounting Paper I Time: 35 minutes Marks: 25 INSTRUCTIONS 1. Read each question
More informationOffshore Business Environment
Subject no. 52A Certificate in Offshore Finance and Administration Offshore Business Environment February 2011 Wednesday morning 2 February 2011 Time allowed: 2 hours Do not open this examination paper
More informationLevel 2 Accounting, 2013
91176 911760 2SUPERVISOR S Level 2 Accounting, 2013 91176 Prepare financial information for an entity that operates accounting subsystems 9.30 am Friday 29 November 2013 Credits: Five Achievement Achievement
More informationAccounting Question Booklet. Examination information. Questions 1 to 4 Answer all questions Write your answers in this question booklet
South Australian Certificate of Education Accounting 2017 Question Booklet Questions 1 to 4 Answer all questions Write your answers in this question booklet Examination information Materials Question Booklet
More informationACCOUNTING AND FINANCE
EXAMINATION FOR ENTRANCE SCHOLARSHIPS AND EXHIBITIONS FEBRUARY 2014 ACCOUNTING AND FINANCE Time Allowed 2 hours YOU SHOULD ANSWER ONLY TWO QUESTIONS from the four questions, all of which carry equal marks.
More informationSPECIMEN F013 RB ADVANCED GCE ACCOUNTING RESOURCE BOOKLET. To be given to candidates at the start of the examination
ADVANCED GCE ACCOUNTING Unit F013: Company Accounts and Interpretation RESOURCE BOOKLET To be given to candidates at the start of the examination INSTRUCTIONS TO CANDIDATES F013 RB Duration: 1 hour 30
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
*2937408438* UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/11 Paper 1 May/June 2012 Candidates answer on the Question Paper.
More informationACCOUNTING JUNE EXAMINATION GRADE 11
1 ACCOUNTING JUNE EXAMINATION 2015 GRADE 11 MARKS: 300 TIME: 3 HOURS This Question paper consists of 13 pages and 11 pages Answer book INSTRUCTIONS AND INFORMATION 2 1. You are provided with a question
More informationGRADE 11 NOVEMBER 2013 ACCOUNTING
NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2013 ACCOUNTING MARKS: 300 TIME: 3 hours This question paper consists of 18 pages. 2 ACCOUNTING (NOVEMBER 2013) INSTRUCTIONS AND INFORMATION 1. This question
More informationPaper Reference WAC Paper Reference(s) WAC01/01 Pearson Edexcel International Advanced Level
Centre No. Paper Reference Surname Initial(s) Candidate No. WAC 0 1 0 1 Signature Paper Reference(s) WAC01/01 Pearson Edexcel International Advanced Level Accounting (Modular Syllabus) Unit 1: The Accounting
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level
*6909629618* UNIVERSITY OF MRIGE INTERNTIONL EXMINTIONS General ertificate of Education Ordinary Level PRINIPLES OF OUNTS 7110/01 Paper 1 Multiple hoice October/November 2007 dditional Materials: Multiple
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education *2838415148* ACCOUNTING 0452/11 Paper 1 October/November 2011 Candidates answer on the Question
More informationINSTRUCTIONS TO CANDIDATES The information required to answer questions 1 4 is contained within this resource booklet.
ADVANCED SUBSIDIARY GCE ACCOUNTING Accounting Applications F012/RB RESOURCE BOOKLET *OCE/26250* To be given to candidates at the start of the examination Tuesday 24 May 2011 Afternoon Duration: 2 hours
More informationa] Outline four activities that accountants normally undertake within business organisations.
QUESTION 1 a] Outline four activities that accountants normally undertake within business organisations. (8 marks) b] Financial Accounting and Management Accounting are two different branches of accounting
More information2016 EXAMINATIONS KNOWLEDGE LEVEL PAPER 1: ACCOUNTING FRAMEWORK
EXAMINATION NO 2016 EXAMINATIONS NOWLEDGE LEVEL PAPER 1: ACCOUNTING FRAMEWOR TUESDAY 7 JUNE 2016 TIME ALLOWED : 3 HOURS 9.00AM - 12.00 NOON INSTRUCTIONS: 1. You are allowed 15 minutes reading time before
More informationWrite your examination number in the boxes provided on the front of the answer book.
UK STANDARDS UK STANDARDS UK STANDARDS UK STANDARDS UK STANDARDS Intermediate Level Financial Accounting UK Accounting Standards 6a INSTRUCTIONS TO CANDIDATES Read this page before you look at the questions
More informationNCERT Solutions for Class 11 Accountancy. Financial Accounting Part-2 Chapter 2
NCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2 Financial Statements Short answers : Solutions of Questions on Page Number : 422 Q1 : Why is it necessary to record the adjusting
More informationNCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2
NCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2 Financial Statements Class 11 Chapter 2 Financial Statements Exercise Solutions
More informationUnit 10 : YEAR-END ADJUSTMENTS
Unit 10 : YEAR-END ADJUSTMENTS Slide 1.2 INTRODUCTION The most important point, which must be understood at the outset, is that all these adjustments have an impact on both the income statement/profit
More informationWednesday 22 May 2013 Afternoon
Wednesday 22 May 2013 Afternoon AS GCE ACCOUNTING F012/01/RB Accounting Applications RESOURCE BOOKLET *F027120613* To be given to candidates at the start of the examination Duration: 2 hours INSTRUCTIONS
More informationACCN1 (JUN09ACCN101) General Certificate of Education Advanced Subsidiary Examination June Introduction to Financial Accounting TOTAL
Centre Number Surname Candidate Number For Examiner s Use Other Names Candidate Signature Examiner s Initials Accounting General Certificate of Education Advanced Subsidiary Examination June 2009 ACCN1
More informationLOYOLA COLLEGE (AUTONOMOUS), CHENNAI
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI 600 034 B.Com. DEGREE EXAMINATION COMMERCE FIRST SEMESTER APRIL 2016 CO 1500 FINANCIAL ACCOUNTING Date: 02-05-2016 Dept. No. Max. : 100 Marks Time: 01:00-04:00 Answer
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education
Cambridge International Examinations Cambridge International General Certificate of Secondary Education *7891702250* ACCOUNTING 0452/21 Paper 2 October/November 2017 1 hour 45 minutes Candidates answer
More informationNational Quali cations 2018
N5 X800/75/11 National Quali cations 2018 Accounting FRIDAY, 25 MAY 9:00 AM 11:00 AM Total marks 130 SECTION 1 70 marks Attempt BOTH questions. SECTION 2 60 marks Attempt ALL questions. Write your answers
More informationCambridge Assessment International Education Cambridge International General Certificate of Secondary Education. Published
Cambridge Assessment International Education Cambridge International General Certificate of Secondary Education ACCOUNTING 045/ Paper MARK SCHEME Maximum Mark: 0 Published This mark scheme is published
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education
*9069352699* UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ACCOUNTING 0452/11 Paper 1 October/November 2013 Candidates answer on the Question
More informationModule Title: Financial Accounting 2
CORK INSTITUTE OF TECHNOLOGY INSTITIÚID TEICNEOLÍOCHT CHORCÍ Semester 2 Examinations 2007/08 Module Title: Financial ccounting 2 Module Code: CCT 6009 School: School of usiness Programme Title: achelor
More informationThe Business Guys. September Newsletter. Accounting.
The Business Guys September Newsletter Accounting. Final Accounts. If you re stuck for sample questions, here s a Final Accounts question and solution for you (Sole Trader Variety). Don t forget to give
More informationFINANCIAL ACCOUNTING II
Question 1 You have been asked to sort out the accounts of a client - Mr Soh, a trader. You collect the following information in respect of the year ended 31st December 2006: Assets and Liabilities at
More informationFoundation Level Pilot Paper. Financial Accounting Fundamentals (FAF / FL 2-102)
Copyright Reserved Serial No Institute of Certified Management Accountants of Sri Lanka Foundation Level Pilot Paper Instructions to Candidates 1. Time allowed is two (2) hours. 2. Total: 100 Marks. 3.
More informationINDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE & HUMANITIES CLASS :11 ACCOUNTANCY Financial Statements of Sole proprietorship
Worksheet No:12 INDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE & HUMANITIES CLASS :11 ACCOUNTANCY Financial Statements of Sole proprietorship Issued on : ------------------------- Date of submission:------------------------
More informationBook-Keeping and Accounts Level 2
LCCI International Qualifications Book-Keeping and Accounts Level 2 Model Answers Series 3 2011 (2007) For further information contact us: Tel. +44 (0) 8707 202909 Email. enquiries@ediplc.com www.lcci.org.uk
More informationMINISTRY OF EDUCATION
REPUBLIC OF NAMIBIA MINISTRY OF EDUCATION NAMIBIA SENIOR SECONDARY CERTIFICATE ACCOUNTING SPECIMEN PAPERS 1 2 AND MARK SCHEMES HIGHER LEVEL GRADES 11 12 THESE PAPERS AND MARK SCHEMES SERVE TO EXEMPLIFY
More informationAccounting Technicians Ireland First Year Examination: August 2017 Paper: FINANCIAL ACCOUNTING Tuesday 15 August a.m. to p.m.
Accounting Technicians Ireland First Year Examination: August 2017 Paper: FINANCIAL ACCOUNTING Tuesday 15 August 2017 9.30 a.m. to 12.30 p.m. INSTRUCTIONS TO CANDIDATES PLEASE READ CAREFULLY Candidates
More informationAdvanced Financial Accounting. Sample Paper 1 Questions & Suggested Solutions
Advanced Financial Accounting Sample Paper 1 Questions & Suggested Solutions INSTRUCTIONS TO CANDIDATES PLEASE READ CAREFULLY Candidates must indicate clearly whether they are answering the paper in accordance
More informationG.C.E.(A.L.) Support Seminar
G.C.E.(A.L.) Support Seminar 2014 Accounting Paper I Answer Guide Questoion No. Answer Questoion No. Answer (1) 3 (21) 2 (2) 4 (22) 4 (3) 1 (23) 4 (4) 5 (24) 3 (5) 5 (25) 2 (6) 3 (26) 4 (7) 5 (27) 3 (8)
More information