Financial Accounting WASSCE (PC 1ST), 2021

CANDIDATES’ STRENGTHS

            The candidates performed very well in questions testing the following topics:
-           Source Documents;
-           Depreciation and Amortization;
-           Capital Expenditure/Revenue Expenditure;
-           Subscriptions Account/Bar Trading Account/Income and Expenditure Account
-           Profit and Loss Account/ Profit and Loss Appropriation Account;
-           Bank Reconciliation Statement.

Candidates’ performance in question four (4) which was on capital expenditure/ revenue expenditure was quite impressive, while the overall highest marks were gained in question two (b) (2b) which was on source documents.