2020 BPGH S4O/5N P2 Q4 Miracle Limited
Miracle Limited is a company that trades in face masks and other pharmaceutical products The company would like to raise funds for further expansion of…
Category: Paper 2
2020 SMSS 3E POA EOY P2 Q4
4 Simon provided the business cash at bank account for April 2020. Cash at bank account Date 2020 Particulars Cheque Debit $ Credit $ Balance…
2020 SMSS 3E POA EOY P2 Q3
3 Leonard runs a tuition centre. The financial year end of his business is 30 June. The following information has been provided. Accounts balance at…
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…
2020 SMSS 3N POA EOY P2 Q5
5 Sparkling Clean Pte Ltd provides laundry services for hotels. The service fee revenue account for the year ended 31 December 2019 is shown below.…
2020 SMSS 3E POA EOY P2 Q1
1 The following balances were extracted from the books of Martin Shoes as at 31 July 2020. $ Bank loan 50 000 Mortgage loan…
2020 SMSS 3N POA EOY P2 Q4
4 Happy Supplies is a business that buys and sells home appliances to retail shops on credit. The following information relates to Sean’s account in…
2020 SMSS 3N POA EOY P2 Q3
3 The cash at bank column of Noraini’s cash book and bank statement for the month of August 2020 were as follow: Cash at bank…
2020 SMSS 3N POA EOY P2 Q2
2 The following balances were extracted from the books of Ian Supplies for the financial year ending 31 August 2020: $ Motor vehicles 48…
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]…