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5 marksNon-Profit Organisations

CSEC Principles of Accounts · May/June 2015 · Paper 2 · Question 6(a)(i)

Membership and subscription figures for the People's Popular Political (PPP) party at 31 December 2014 are provided.

Complete the worksheet to calculate Subscriptions outstanding at 01 January 2014 and at 31 December 2014, and Subscriptions in advance at 01 January 2014 and at 31 December 2014.

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Other parts of this question

  1. 6(a)(ii)Prepare and complete the Subscriptions Account for the PPP party for the year ended 31 December 2014.[8 marks]
  2. 6(b)On the form provided, classify EACH expenditure item as capital or revenue, and insert a check mark to indicate whether it is reported in the Income &…[4 marks]
  3. 6(c)Prepare the Receipts and Payments Account of the PPP party for the period ended 31 December 2014, using relevant information from (a)(ii) and (b).[3 marks]

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