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Financial Accounting Paper 2, Nov/Dec 2008  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Weakness/Remedies
Strength

























Question 8

This was a question on reserves and Provisions.
Candidates were required to prepare:
(a)        Bad debts Accounts;
(b)        Provision for Doubtful Debts Account;
(c)        Profit and Loss Account extract;
(d)       Balance Sheet extract.


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observation

The few candidates who attempted the question performed poorly, because they lack knowledge on the preparation of such accounts.

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