CSEC Principles of Accounts · January 2011 · Paper 2 · Question 1(b)(ii)
Explain the use of EACH journal (day book) identified in (b)(i).
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Practise this questionOther parts of this question
- 1(a)Write the narratives required to complete the journal entries on May 1, May 8 and May 25.[3 marks]
- 1(b)(i)Identify THREE journals (day books), other than the General Journal, which JZ Variety Store can use.[3 marks]
- 1(c)From the information in the General Journal, draw up a Trading and Profit and Loss Account for JZ Variety Store for the month of May 2010.[7 marks]
- 1(d)List the creditors and debtors of JZ Variety Store as at May 31, 2010.[4 marks]
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