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4 marksClassification of Accounts and Ledger Posting

CSEC Principles of Accounts · January 2011 · Paper 2 · Question 3(a)(ii)

Opening ledger balances at November 30, 2010 for Marshall (Sales Ledger) and Hamilton (Purchases Ledger), day book entries, and cash book for December 2010 are provided for Smallmoon Enterprises.

Prepare and CLOSE the Sales and Purchases Accounts in the General Ledger of Smallmoon Enterprises as at December 31, 2010.

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Other parts of this question

  1. 3(a)(i)Prepare and balance the personal accounts appearing in the ledgers of Smallmoon Enterprises as at December 31, 2010.[9 marks]
  2. 3(b)Rewrite the Trial Balance for Metal Works Enterprises in good style, including an amount for capital.[7 marks]

More practice: the rest of this paper · more Classification of Accounts and Ledger Posting questions · all CSEC Principles of Accounts past papers