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    Category: N Level

    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…

    caleb April 9, 2021

    2020 USS 3N POA EOY P1 Q2

    2 Mary Ann is a sole trader. Her transactions for September 2020 included the following. 1. Received a cheque for goods sold to a customer…

    caleb April 9, 2021

    2020 USS 3N POA EOY P1 Q1

    1 Jamie, the owner of Jem Bookshop, extracted the following balances from the books of her business on 31 August 2020.   $ Trade receivables…

    caleb April 9, 2021

    2020 SACSS 3N POA EOY P2 Q4

    4 Keerthana Store buys electronic goods from Yubo Trading on credit.  On 1 August 2020, the ledger account of Yubo Trading in the books of…

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P2 Q3

    3 Kisha’s Cash at Bank account is as follows: Cash at bank account Date Particulars Cheque No. Dr   Cr Balance 2020     $ $…

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P2 Q2

    2 Belina Health Care buys and sells thermal scanners. It records inventory movement using the FIFO method.  On 1 May 2020, it has 40 units…

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P2 Q1

    1 The following are balances extracted from the books of Putri Gift Shop on 31 March 2020   $   Advertising expense 37 450  …

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P1 Q4

    4 The following balances were extracted from the books of Sarrah Traders on 30 April 2020:   $ Sales revenue 165 000 Cost of sales…

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P1 Q3

    3 Glennda Tutors provides tuition services to students. It rents out a room to a lawyer. Rental income received during the year ended 31 December…

    caleb April 8, 2021

    2020 SACSS 3N POA EOY P1 Q2

    2 REQUIRED a. Explain what ‘double entry’ means. [1] b. State the double entries for the following transactions. [6] Date Transaction Account to debit Account…

    caleb April 8, 2021
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