Every objective and theory question in this paper, and the topic notes to revise each one.
| No. | Section | Marks | Covers |
|---|---|---|---|
| Q1 | 20 | From the previous syllabus. Gives the balances of a water-producing business with raw materials, work-in-progress and... | |
| Q2 | 12 | From the previous syllabus. Asks you to explain the term accounting concepts (2 marks) and, with the accounting treat... | |
| Q3 | 3 | From the previous syllabus. Asks you to explain what a trial balance is and state four errors it does not reveal. The... | |
| Q4 | From the previous syllabus. A social club gives a summary of receipts and payments with subscriptions, a donation, a ... | ||
| Q5 | 20 | From the previous syllabus. Opens with items to classify as revenue or capital expenditure, and ends with the details... | |
| Q6 | 5 | From the previous syllabus. Asks you to outline six general rules between partners where there is no agreement, and t... |
From the previous syllabus. Both ask which item is not found on the debit column of a trial balance.
From the previous syllabus. Asks which item is not a source document.
From the previous syllabus. Asks what two partnerships combining is called, how goodwill is found from several years of profit, and when goodwill can be valued in a partnership.
From the previous syllabus. Asks what is prepared to find the equity at the start of a period where there are no proper books of account.
From the previous syllabus. Asks which convention suggests a valuation method that understates rather than overstates results.
From the previous syllabus. Asks which costs are included in or excluded from the cost of inventories under IAS 2, such as selling costs, conversion costs and carriage inwards.
From the previous syllabus. Gives the balances of a water-producing business with raw materials, work-in-progress and finished goods inventories, depreciation rates and expenses shared between factory and administration. Asks for a manufacturing account and the statement of profit or loss in vertical format. The manufacturing account goes beyond this topic, but the profit-or-loss layout is the same.
From the previous syllabus. Asks you to explain the term accounting concepts (2 marks) and, with the accounting treatment, entity, going concern, accrual, materiality and aggregation, and consistency (2 marks each).
From the previous syllabus. Asks you to explain what a trial balance is and state four errors it does not reveal. The rest of the question covers the suspense account and corrections.
From the previous syllabus. Asks what a suspense account is (2 marks) and for the suspense account (4 marks).
From the previous syllabus. Errors by an inexperienced bookkeeper. Asks for the correcting journals (11 marks) and the suspense account (4 marks).
From the previous syllabus. A social club gives a summary of receipts and payments with subscriptions, a donation, a Christmas dance and bar takings. Asks for the bar trading account (3 marks), the income and expenditure account (8 marks) and the statement of financial position (9 marks), showing workings.
From the previous syllabus. Opens with items to classify as revenue or capital expenditure, and ends with the details to include in a PPE register (4 marks).
From the previous syllabus. Asks you to outline six general rules between partners where there is no agreement, and to state ten provisions that a partnership agreement should contain.
From the previous syllabus. In the first, two sole traders form a partnership and the statement of financial position is required. In the second, a sole trader takes a partner in on revalued assets, with equal capital, and asks for the revaluation account, the capital accounts and the statement of financial position.