Tuition Teachers in Singapore : [Sample Questions] GCSE/ IGCSE Accounting Tuition in Singapore, SMS 9372 7675 For Accounting Tutors!

After the corrected version of the trial balance was prepared, the following errors and
omissions were found in the accounting system.
• During the year Harsha had invested a further £15 000 into the business. This had
been correctly entered into the business bank account but had not been entered
into the capital account.
• In March 2010 some new fixtures had been purchased at a cost of £1 500; these
had been debited to the purchases account.
• In December 2010 Harsha had received a refund of rates amounting to £882. This
had been correctly entered into the business bank account but no further entries
had been made.
• Wages paid in December 2010 totalling £200 had been correctly entered in the
cash book, but had been debited in the wages account as £1 200.
Prepare journal entries to correct these errors and omissions. Narratives are not
required.
_

Having problems with understanding basic accounting such as debit and credit?

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3. Identifying exam trends and skills (Questions spotting)

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Source:
http://pastpapers.edexcel.com/content/past-papers/home.html

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijCPtoJfveOiHM1E_MVMhEvv4G_dsBte3A__pVy0TZ7wTzTH7i_aEog4vLhUxoNP8NOsGkEhQ0I0_T9HBJKazrETL6A0K8CsfzJ5_28i-GdB15O_5cMORTaXRBBj2byzRT3TVnob5qvZo/s1600/debit-credit.jpg

http://pastpapers.edexcel.com/content/dam/pdf/International%20GCSE/Accounting/2009/Question%20papers%20and%20mark%20schemes/4AC0-June2011-exampaper.pdf

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Saturday, October 18, 2014

[Sample Questions] GCSE/ IGCSE Accounting Tuition in Singapore, SMS 9372 7675 For Accounting Tutors!

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