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Financial Accounting May/June 2008  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Strength
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Question 6

This was a question on Company Account. Candidates were required to prepare.
(a) Application account
(b) Allotment account
(c) Ordinary share Capital account
(d) 1st Call Account
(e) 2nd Call Account
(f) Bank Account

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observation

This was clearly an unpopular question and for the few that attempted the question could not approach it well due to their Lack of knowledge of how to prepare such account.
Schools should be able to cover the syllabus so that candidates can attempt any question confidently.


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