waecE-LEARNING
Financial Accounting May/June 2013  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Strength
Weakness/Remedies





question 7
  1. Financial Accounting Practice
___________________________________________________________________________________________________
observation

In this question, candidates were required to prepare:

  1. Revaluation Account;
  2. Partners Current Accounts in columnar forms;
  3. Opening Balance Sheet for each partners.

Candidates' performance was very poor. The failure rate was high and it shows that candidates do not understand 'Revaluation Account'.

 

 


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