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CSEC Principles of Accounts · May/June 2010 · Paper 2 · Question 4(a)

Cancun Guest House Limited was formed with ordinary shares, preference shares, and debentures. Trial balances and end-of-year adjustment information are provided for the year ended November 30, 2009.

Prepare the Appropriation Account of the company for the year ended November 30, 2009, showing all workings.

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  1. 4(b)Prepare a classified Balance Sheet as at November 30, 2009, for Cancun Guest House Limited.[13 marks]

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