Financial Accounting WASSCE (PC 2ND), 2022

Section B: Financial Accounting Practice

     

    Question 8:

    In this question, candidates were required to prepare:

    1. Trading, Profit and Loss Account;
    2. Balance Sheet.

Observation

 

Majority of the candidates attempted the question and the performance was fairly above average. However, candidates that lost some marks had challenges in classification from the mix-up of trading, profit and loss items together with balance sheet items.