Financial Accounting WASSCE (PC 2ND), 2020

Candidates' Strengths

 

 

The candidates performed very well in questions testing the following topics:
-           Public Company and Private Company; 
-           Goodwill Account;
-           Income Surplus Account/ Profit and Loss Appropriation Account;
-           Total Debtors Account/Total Creditors Account;  
-           Trading, Profit and Loss Account.
Candidates’ performance in question seven (7) which was on income surplus account/ profit and loss appropriation account was quite impressive, while the overall highest marks were gained in question nine (9) which was on total debtors account/ total creditors account and trading, profit and loss account.