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Thursday 2nd July
Paper III: Objective - Financial Accounting - 10:00am – 11:20am
Paper II: Theory & Practice - Financial Accounting - 11:20am – 1:50pm
F/ACCOUNTING PAPER
TYPE C
1.A
2.D
3.A
4.D
5.A
6.C
7.C
8.E
9.C
10.B
11.E
12C
13.C
14.E
15.B
16.A
18.D
19.A
20.C
21-60Loading........
TYPE C
1.A
2.D
3.A
4.D
5.A
6.C
7.C
8.E
9.C
10.B
11.E
12C
13.C
14.E
15.B
16.A
18.D
19.A
20.C
21-60Loading........
ESSAY
[8]
Application and Allotment A/C Tabulate Debit
(Dr) Ordinary share 800000
Ordinary Share 600000
Total 1400000
Credit (cr)
Cash 14,000000
Total 14,000000 First call A/C
Tabulate Debit(Dr) Ordinary share 400000
Credit(Cr)
Cash 400000
Final Call A/c
Tabulate Debit (Dr) Ordinary share 200000 Credit (cr)
Cash 200000
Cash Book
Tabulate
Debit(Dr)
Application and allotment 1,400,000 First call 400,000
Final call 200,000
Total 2,000,000
Credit(Cr)
Balance 2,000,000
Total 2,000,000
Keep Refreshing......More Answers will be posted upon verification
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