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.