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1 markNon-Profit Organisations

CSEC Principles of Accounts · January 2013 · Paper 2 · Question 6(d)(ii)

State the name of the term used in place of 'Capital' in non-trading organizations.

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Other parts of this question

  1. 6(a)Prepare the Subscriptions Account for the year ended 31 October 2012.[5 marks]
  2. 6(b)Prepare the Creditors' Account for the bar to determine purchases.[3 marks]
  3. 6(c)Prepare the club's Income and Expenditure Account for the year ended 31 October 2012.[9 marks]
  4. 6(d)(i)State the name of the section of the balance sheet in which subscriptions in arrears appears.[1 mark]
  5. 6(d)(iii)Show the total value of the club's non-current assets, showing working.[1 mark]

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