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Recording Financial Information · CAPE Accounting Unit 1

21 past-paper questions on Recording Financial Information, part of Module 1: Accounting Theory, Recording and Control Systems, from every CAPE Accounting Unit 1 paper on Quelpr.

Practise Recording Financial Information
  1. 1(a)(i)9 marks· CAPE Accounting Unit 1 · 2006 · Paper 2Write short notes on the process involved in recording adjusting journal entries for any THREE of the five categories of items listed.
  2. 1(d)(i)16 marks· CAPE Accounting Unit 1 · 2009 · Paper 2Prepare journal entries with narratives to correct the four errors described.
  3. 1(d)(ii)2 marks· CAPE Accounting Unit 1 · 2009 · Paper 2Prepare a statement showing the necessary adjustments to the profit.
  4. 1(a)10 marks· CAPE Accounting Unit 1 · 2010 · Paper 2Make the appropriate debit (D) or credit (C) entries for each of the given transactions (ii) to (xi) on the answer sheet provided to show the effects on the accounting model components.
  5. 1(a)15 marks· CAPE Accounting Unit 1 · 2011 · Paper 2Prepare the journal entries to record EACH of the given situations (i) to (v).
  6. 1(b)17 marks· CAPE Accounting Unit 1 · 2012 · Paper 2Prepare journal entries with narratives to record the given transactions.
  7. 1(f)12 marks· CAPE Accounting Unit 1 · 2013 · Paper 2Prepare the journal entries, including narratives and clearly showing calculations, for the following transactions of D&G Limited: - 15 March 2012: Purchased welding plant from Welders International for…
  8. 1(a)10 marks· CAPE Accounting Unit 1 · 2014 · Paper 2Prepare journal entries to record the transactions (i) to (iv) for Douglas Spencer Ltd (DS Ltd) during 2014. Narratives are not required.
  9. 1(b)5 marks· CAPE Accounting Unit 1 · 2014 · Paper 2Prepare the journal entry to record the sale of 5 000 shares of Mango Pulp Company by The National Gas Corporation on 27 March 2013.
  10. 1(d)6 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Show the journal entries required to record the formation of B. Ross' business on 1 June 2014.
  11. 1(e)3 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Show the closing entries to record the loss and the drawings for the period.
  12. 1(d)(i)2 marks· CAPE Accounting Unit 1 · 2016 · Paper 2Prepare the journal entry to record the issue of ordinary shares.
  13. 1(d)(ii)2 marks· CAPE Accounting Unit 1 · 2016 · Paper 2Prepare the journal entry to record the issue of preference shares.
  14. 1(d)(iii)2 marks· CAPE Accounting Unit 1 · 2016 · Paper 2Prepare the journal entry to record the distribution of preference dividends.
  15. 1(d)(iv)2 marks· CAPE Accounting Unit 1 · 2016 · Paper 2Prepare the journal entry to record the transfer of profits to general reserve.
  16. 1(c)11 marks· CAPE Accounting Unit 1 · 2017 · Paper 2Prepare the journal entries (without narratives) to record the transactions during 2016.
  17. 1(c)12 marks· CAPE Accounting Unit 1 · 2018 · Paper 2Prepare the journal entries to record the 2017 transactions for Stephens Ltd.
  18. 1(a)10 marks· CAPE Accounting Unit 1 · 2019 · Paper 2Prepare the journal entries to record the transactions.
  19. 1(c)(i)6 marks· CAPE Accounting Unit 1 · 2019 · Paper 2In the books of Crabtree Corporation, prepare the journal entries to account for this investment.
  20. 1(c)(ii)2 marks· CAPE Accounting Unit 1 · 2019 · Paper 2In the books of Crabtree Corporation, calculate the closing balance of the investment in Passion Ltd on the books of Crabtree Corporation.
  21. 1(d)13 marks· CAPE Accounting Unit 1 · 2021 · Paper 2Prepare journal entries (without narratives) to record the transactions in 2019.

Related topics in Module 1: Accounting Theory, Recording and Control Systems