Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Part 1 Examination – Paper 1.1 (INT) Preparing Financial Statements

Part 1 Examination – Paper 1.1 (INT) Preparing Financial Statements

Ratings: (0)|Views: 44|Likes:
Published by AUDITOR97

More info:

Published by: AUDITOR97 on Nov 15, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

05/11/2014

pdf

text

original

 
Answers
 
Part 1 Examination – Paper 1.1 (INT)Preparing Financial Statements (International Stream)June 2004 AnswersSection A1A
20,000 minus16,000 x 20%/2
2B
(7/12 x 8,400) + (5/12 x 12,000) = 9,9001,000 paid in advance in sundry payables
3D
28,500 + 42,000 – 38,000
4A
(160,000 x 20%) + (40,000 x 20% x
3
 / 
4
)+ (50,000 x 20% x
1
 / 
2
)
5D6C
Receivables ledger control account
308,600147,200154,2001,4002,4004,9004,600307,100465,200465,200
7B8A
386,400 minus loss on 13,800
9C
Receivables ledger total account
130,000686,4001,400Balance744,9604,1602,000181,000874,960874,960
10D
Payables ledger total account
302,80060,0002,9602,000Balance331,76084,000391,760391,760
11C
281,250/3 – 53,050
12D13B
GHI
20,00010,00090,00030,00030,000110,00066,00044,000200,000116,00084,000
14A15C16A17A18D
19

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->