TABLE OF CONTENTS

Questions
Chapter Topic Page No.
Chapter 1 Bank Reconciliation Statements 1-2
Chapter 2 Bad and Doubtful Debts 3-5
Chapter 3 Accounting for Non-Current Assets 6-15
Chapter 4 Inventory Valuation 16-19
Chapter 5 Financial Statements of Sole Traders 20-23
Chapter 6 Suspense Account 24-29
Chapter 7 Control Accounts 30-33
Chapter 8 Accounts from Incomplete Records 34-52
Chapter 9 Financial Statements of Partnership 53-62
Chapter 10 Partnership Changes 63-72
Chapter 11 Dissolution of Partnerships 73-77
Chapter 12 Financial Statements of Companies 78-80
Chapter 13 Issue of Shares & Debentures 81-82
Chapter 14 Ratio Analysis 83-87
Chapter 15 Statement of Cash Flows 88-92
Chapter 16 Absorption Costing 93-110
Chapter 17 Marginal & Absorption costing income Statements 111-115
Chapter 18 Break Even & Profit Volume Analysis → 116-124
Chapter 19 Marginal Costing & Decision making 125-133
Chapter 20 Accounting for Limiting Factors 134-137
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✗ 1% =

✗ 2T . =

700 -
✗ 3% =

✗ 101 .
= +

PFDD cld
=

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J - C = UP
1930%-1001=301 .

÷ 130×100 =

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II.

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✗
_

=
✓

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.

Inwards
>
Return
r
.

÷
✓

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> E- I
opening Inventory

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cld
- .

bld

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- + Balance

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bld 15000

Bal cld 5400

I
=

✓
A
A ✓

t
i'→
'
A I
✗
✗ I
?

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Sah -
Cow =L P -

1251
.
- 1001
.
= 25%
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.; -
>

>
>

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AS Level PAGE 55 Sales 816000
Purchases 606000

(t) (→

C-) (t)

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300000-10000

290000

320000
30000

Td
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36000-8000=28000

→
New Ratios

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36000

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9340-1040=8300×21--766
.

✗
5-1=1142

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 5980 -145W = 1040
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-
✓

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45000-5000 = 40000×5%-2000

176000 ✗ 12 -5% =

42000-12000 = 30000 ✗ 10% = 3000

1- B +1 SOFA
wages ( CL →
Payan
'

o (+)
Accrued → → -
-

> t B
-

(Rent ) SOFP → CA → O' RHI

-

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Accrued

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NAV

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CA

CA
CA

CA

%
CL
NCL

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L
✓

→ Rent

-
-

Basis
11000

= 25 ✗
600000

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$6.6

5764400 ✗ % 1152880
To 5-
% = 1152880×100
5764400

% = . %

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-
950000
225000

200
100

→ 200

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960000 2400000

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Indirect costs

f Basis)

96000
=5080

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100
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÷ 12000 = 2.66

48
300 0
180000
12000

78-815 55585 - _

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✗ ✓
✗

✗
✗

8.40=-60×45 =

6. 60 ÷ 60×20 =
✗ 150 ÷ 60

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5600 4000 3200 12800

520N 4800 -
10000
3600 2700 900 7200
2560 1920 1920 6400
300 268 320 888
2720 1480 860 5060
19980 15168 7200 42348
3744
23374
3456
18%4 (7-2,00)
=
=
=

✗ 23724 :- 14000=511.69 /ʳsMH

18624 ÷ 6000--13 .to/serLll

104
 Margin
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Saks -
Cost =
Profit
100% -80% =
20%

12 15
36 45

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÷ 12×3=59

i. 12×3

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v. clvnit + [ = 20

✗ 80000 = 400000

(→ -

÷
(t)

Production =

s.pl unit

1
3×1 = 3

4×17-5=7 11

% ✗ 15 = $2

15×14 =
3.
5) unit
60

111
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+ + + + + 365

✗ 365=365

2500×6-1.12=1250

. .

40×100=4000

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Sold units
-
0 I
-
units
units
+
E- I units
Produce

20 45 50

"

27 [ 30
[ 3£
3000 2000

¥ Tooo %

V - C

202500 ÷ 15000=13.5 / unit

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13
[ is
[

i. 12=27000

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v. c-
HALO
56 [

115
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.

>
240000
-2400=100 120 ? 160
÷

✓ ✓

>

M
lolvnit cont / unit
to $2
✓

116
?⃝
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Hw

I $
460000 ✗ 95%

Hw

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Aw

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✗ 62.5 ÷ 100=1-25
Cont / unit
✓
50000
=
40000 units
E-

40000 ✗ 2=480000
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-
=
Mosin unit

total unit 6-0000×100

- B- E 100000
Sold
unity

60%
100000 -
40000

60000 units

B. Ein value

> Cont to Sales Ratio

Fined Cost

T.EE?---$8oooo%0fCont
=

124
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250000
5000-000
250000 8000

$20 ✗ 31.25=15625

④
.

20×15-1=3 = 23

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:
Cont / un
134
ii.
÷ ÷ ¥
:
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i
14-14 = 3.5 meters

1b÷u= Umctcrs i. 4=5 meters

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,
÷23 i. 2--3 -12=4
:-D I i. 8--1.25 i. 8=1.5

19500
51000

÷l2=

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÷ 5=2 ÷ 5-
- I

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TABLE OF CONTENTS
Solutions
Chapter Topic Page No.
Chapter 1 Bank Reconciliation Statements 139-140
Chapter 2 Bad and Doubtful Debts 141-143
Chapter 3 Accounting for Non-Current Assets 144-154
Chapter 4 Inventory Valuation 155-161
Chapter 5 Financial Statements of Sole Traders 162-166
Chapter 6 Suspense Account 167-171
Chapter 7 Control Accounts 172-175
Chapter 8 Accounts from Incomplete Records 176-201
Chapter 9 Financial Statements of Partnership 201-212
Chapter 10 Partnership Changes 213-223
Chapter 11 Dissolution of Partnerships 224-227
Chapter 12 Financial Statements of Companies 228-231
Chapter 13 Issue of Shares & Debentures 232-233
Chapter 14 Ratio Analysis 234-249
Chapter 15 Statement of Cash Flows 250-252
Chapter 16 Absorption Costing 253-273
Chapter 17 Marginal & Absorption costing income Statements 274-283
Chapter 18 Break Even & Profit Volume Analysis 284-295
Chapter 19 Marginal Costing & Decision making 296-308
Chapter 20 Accounting for Limiting Factors 309-319
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