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Csec Principles of Accounts

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CSEC: MAY 2013, QUESTION #6

4/4/2018

1 Comment

 
No. 6(a) (i): The fixed assets of Sautec Credit Union are:
  1. Loans to members
  2. Equipment
 
No. 6(a) (ii): The current liabilities of Sautec Credit Union are:
  1. The unpaid telephone bill.
  2. Mortgage interest outstanding.
  3. Interest income received in advance.
No. 6(a) (iii): Below is the Balance Sheet Extract of Sautec Credit Union showing the capital section as at 1st January 2013:

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Csec: May 2012, Question #7

3/29/2018

2 Comments

 
No. 7(a): Preparation of the Income Statement of Liontown Co-operative for the year ended 31st December, 2010:
Picture

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    The author holds a Bsc (Hons) Degree in Applied Accounting from Oxford Brookes University, England and enjoys a successful career as an Accounting Supervisor and a private tutor.

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