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Financial Accounting Paper 2, Nov/Dec 2009  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Weakness/Remedies
Strength







Question 1

  •  State  three features of each of the following:
  • Receipts and Payments Account;
  • Income and Expenditure

(b)  Explain two limitations of the receipts and payments account.
_____________________________________________________________________________________________________
Observation

Majority of the candidates attempted this question and performed very well
 
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