Archives for November 2010

Suggested Solutions for 2010 GCE ‘O’ Level Principles of Accounts



7092/01 GCE O’ Level Principles of Accounts 2010 Paper 1 Suggested Solutions

7092/02 GCE O’ Level Principles of Accounts 2010 Paper 2 Suggested Solutions


Previous Post

The rough working for this afternoon’s GCE O’ Level Principles of Accounts Paper 2 Trading, Profit and Loss is out. Please click here download the pdf file.

Goodness, and you are almost all done for the exams! Freedom is Near. Hang On!

Crash Course students, look out for the remaining answers in Paper 1 and 2 your email soon. Will be uploading it to this website in 3 days!

All the Best for Your Papers Tomorrow!

Thank you all who came for the crash course for such a wonderful time the last three days. You guys are amazing to have sat through a grueling 15 hours of intensive revision. Hope the Physics paper today was forgiving.

Some final pointers before your POA Paper tomorrow:

1. Revise your theory questions. They weigh 33-42% of the grades. Use the notes given to you all on the Frequently Asked Questions Theory Questions and Common Mistakes Made by Students.

2. Key topics for Revision (besides Trading, Profit and Loss):

– Capital and Current Accounts
– Balance Day Adjustments
– Bank Reconciliation & Updating of Cash Book
– Correction of Errors and Errors not Revealed by Trial Balance
– Control Accounts
– Fixed Assets, Depreciation and Provision for Depreciation and Disposal
– Bad Debts, Doubtful Debts and Provision for Doubtful Debts
– Analysis and Interpretation of Final Accounts

3. Sleep early. Because POA is a conceptual subject. You’d need a clear head and a cool heart to deal with the intensity in that 3.5 hours.

To Your Academic Success,

Signature Caleb