2020 SMSS 3E POA EOY P2 Q2
2 The following transactions of Joyful Apparel took place in the month of August 2020. 2020 Aug 1 Jane started Joyful Apparel with $10…
Category: Equities
2020 SMSS 3N POA EOY P2 Q1
1 Ariel is thinking to being a sole proprietor and setting up a pet grooming business. a. List two features of a sole proprietorship. [2]…
2020 BGSS 3N POA EOY P1 Q1
1 Natasha is a sole trader selling display ornaments. REQUIRED a. Explain the following terms: [2] i. Assets ii. Liabilities b. Name two stakeholders of…
2020 PHS 3N POA EOY P1 Q1
1 Nopia Noodles is in the business of selling gluten-free and low-GI noodles. The following transactions took place in the month of October 2019. 2019…
2020 PHS 3E POA EOY P1 Q1
1 Shane started a business, Sheng Yang Store on 1 May 2020. He carried out a number of transactions in the month of May 2020.…
2020 USS 3N POA EOY P1 Q4
4 The following transactions were extracted from the books of Orion Trading. 1. Owner contributed $5 000 cash into the business bank account. 2. Paid…
2020 USS 3N POA EOY P1 Q3
3 Candy, owner of Cool Snacks Shop, provided the following information on 31 December 2019. Capital, 1 January 2019 $60 000 Profit for the year…
2020 JYSS 3E POA EOY P2 Q7
7 Figo’s financial year ends on 30 September. No record had been made in the accounts during the year ended 30 September 2020 for the…
2020 JYSS 3N POA EOY P2 Q4
4 Fatin is a grocery distributor. The following transactions took place in the month of May 2020. 2020 May 1 Capital balance …
2020 JYSS 3N POA EOY P2 Q2
2 Ahmad owns a bakery. The following balances were extracted from his books on 30 June 2020. $ Fixtures and fittings 85 000 Trade…