Financial Accounting Paper 2, Nov/Dec 2010  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments

Question 7

This was a question on Single Entry system of account. Candidates were required to:
(a)show the calculation of profit for a quarter.
(b)summarize bank account.
(c) prepare balance sheet.


The general performance of candidates in this question was very poor because the candidate were yet to understand the single entry system of account.

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