Quelpr
4 marksForms of Business Organisations

CAPE Accounting Unit 1 · 2011 · Paper 2 · Question 2(b)

Identify ONE benefit that will arise when operating a business under EACH type of entity: Proprietorship, Partnership, Company / Corporation, Non-Governmental Organizations (NGOs).

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 2(a)Use the available information to adjust the account balances as appropriate and prepare a corrected classified balance sheet for Manuel Congo Company as at…[15 marks]
  2. 2(c)Prepare a multiple-step Income Statement, in good form, for the year ended December 31, 2010.[16 marks]

More practice: the rest of this paper · more Forms of Business Organisations questions · all CAPE Accounting Unit 1 past papers