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3 marksThe Balance Sheet and Accounting Equation

CSEC Principles of Accounts · May/June 2015 · Paper 2 · Question 7(b)(ii)a)

Balances for Flat Lands Cane Farmers Co-operative for year ended 31 December 2014 are provided.

Identify and total Non-current (fixed) assets for Flat Lands Cane Farmers' Co-operative.

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Other parts of this question

  1. 7(a)Prepare the co-operative Appropriation Account for the year ended 31 December 2014. (Show working clearly).[11 marks]
  2. 7(b)(i)Prepare the Co-operative Balance Sheet Extract for the capital section only, for the year ended 31 December 2014.[4 marks]
  3. 7(b)(ii)b)Identify and total Current assets for Flat Lands Cane Farmers' Co-operative.[2 marks]

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