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13 marksBooks of Original Entry and Discounts

CSEC Principles of Accounts · January 2012 · Paper 2 · Question 5(c)

Farnham Enterprises has an overdraft balance of 13 200 and cash in hand of 2 890 at the start of May 2011.

Enter the specified transactions for May 2011 into the Cash Book.

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Other parts of this question

  1. 5(a)State TWO benefits of using computerized accounting processes.[2 marks]
  2. 5(b)(i)Identify the type of source document generated when a customer pays his account in full.[1 mark]
  3. 5(b)(ii)Identify the type of source document generated when a customer returns some of the goods previously bought on credit.[1 mark]
  4. 5(b)(iii)Identify the type of source document generated when the landlord was paid this month's rent by cheque.[1 mark]
  5. 5(b)(iv)Identify the type of source document generated when a supplier informs his customers of additional charges on goods already shipped.[1 mark]
  6. 5(b)(v)Identify the type of source document generated when goods were sold on credit to a customer.[1 mark]

More practice: the rest of this paper · more Books of Original Entry and Discounts questions · all CSEC Principles of Accounts past papers