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    Category: Paper 2

    2020 JYSS 3N POA EOY P2 Q5

    5 Bala has extracted the following balances from the ledger accounts of his business as at 30 June 2020.   $ Capital  17 470 Drawings…

    caleb April 8, 2021

    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    …

    caleb April 8, 2021

    2020 JYSS 3N POA EOY P2 Q3

    3  Angie is confused of some of the terms in her financial statements. REQUIRED a. Explain the difference between cash transaction and credit transaction. [2]…

    caleb April 8, 2021

    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…

    caleb April 8, 2021

    2020 JYSS 3N POA EOY P2 Q1

    1 Tania is a retailer, selling bags. REQUIRED a. Classify the items in the table by placing a tick (√) in the appropriate column. [6]…

    caleb April 8, 2021

    2020 NAS 3E POA EOY P2 Q4

    4 Autobot Trader buys and sells car accessories on credit. An extract from the business’ books on 1 September 2020 showed the following balances.  …

    caleb April 7, 2021

    2020 NAS 3E POA EOY P2 Q3

    3 Planet Cooperation’s cash at bank account for the month of November 2019 showed the following: Cash at bank account 2019 Particulars Cheque No. Debit…

    caleb April 7, 2021

    2020 NAS 3E POA EOY P2 Q2

    2 Justice Trading owns two shop houses which it leased out to earn rental income. The business provided the following balances relating to rental income…

    caleb April 7, 2021

    2020 NAS 3E POA EOY P2 Q1

    1 Belle owns Beautiful Homes, a business which provides interior design services. The following trial balance was extracted from the business’ books on 31 July…

    caleb April 7, 2021

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