8 marksPartnership Financial Statements and Current Accounts

CSEC Principles of Accounts · January 2014 · Paper 2 · Question 3(b)

Prepare the partners' Current Accounts on 31 December 2013.

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3(a)Prepare the Profit and Loss Appropriation Account of Jack and Genny for the year ended 31 December 2013.[10 marks]
3(c)Calculate Jack's net worth at 31 December 2013.[2 marks]

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