Financial Accounting WASSCE (PC 2ND), 2018

Section B: Financial Accounting Practice

 

 

     

               

    Question 6:

    In this question, candidates were required to prepare:


    (a)        Adjusted Cash Book;
    (b)        Bank Reconciliation Statement.

Observation

 

 

Most candidates attempted this question and the performance was good. They seemed to be familiar with questions on bank reconciliation statement as majority of them scored high marks in this question. However, few of them lost marks due to wrong posting of some entries in the adjusted cash book.