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10 marksDepreciation and Capital versus Revenue Expenditure

CSEC Principles of Accounts · May/June 2011 · Paper 2 · Question 4(a)

A Trial Balance for B. C. Yen as at December 31, 2010 and year-end adjustment details are provided.

Complete the worksheet provided for the required adjustments numbered 2 to 7 by: (i) entering EACH item from B. C. Yen's Trial Balance which requires adjustment, and (ii) showing how EACH item is to be adjusted and the amount of the adjustment.

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Other parts of this question

  1. 4(b)Prepare the Fixed and Current Assets sections of B. C. Yen's Balance Sheet as at December 31, 2010 showing clearly any changes taken into account.[10 marks]

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