Financial Accounting WASSCE (PC 2ND), 2020

 

 

Question 6

 

 

  1.   (a)        Subscriptions Account;
    (b)        Bar Trading Account;
    (c)        Income and Expenditure Account.

In this question, candidates were required to prepare:
(a)        Subscriptions Account;
(b)        Bar Trading Account;
(c)        Income and Expenditure Account.

Comment
Most candidates attempted this question and the performance was good. Candidates’ performance portrays a good understanding of the topic.

 
 
Financial Accounting WASSCE (PC 1ST), 2021


Financial Accounting WASSCE (PC 1ST), 2021

General Comments

 

 

The standard of the paper compared favourably with those of the previous years. 
The questions were evenly spread across the topics in the syllabus and were not ambiguous.
There was decline in general performance of the candidates compared with
that of the previous year.