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…
Category: Paper 1
2020 PHS 3N POA EOY P1 Q2
2 Anson Apples sells premium Fuji apples. On 1 February 2020, the business had cash at bank balance of $1 900. The following transactions took…
2020 PHS 3E POA EOY P2 Q3
3 Accountants must put in place checks in the accounting system. One of the tools used is trial balance. Additional information 1. The owner took…
2020 PHS 3E POA EOY P1 Q4
4 The following were payments made by Marilyn in June when she bought a photocopier for the business: i) Toner for the copier $250 ii)…
2020 PHS 3E POA EOY P1 Q3
3 Martin, who sells designer lamp shades follows First-In-First-Out inventory management. The following were extracted for the month of July 2020. 1. Inventory on hand…
2020 PHS 3E POA EOY P1 Q2
Soh Ling sells goods on credit to a few customers. Hui Wen is one of her credit customers. Additional information REQUIRED ai. Explain the term…
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 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…