2017 7175 GCE O Level POA Suggested Solutions
Hey folks!
The solutions are out! This year predictions are pretty on point. 2 misses though.
Download the solutions with the button here
Similar Posts
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…
Accountancy in Singapore
An accountant is a practitioner of accountancy, which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and other decision makers make resource allocation decisions. Accountants are vital business assets. They play a key role in commerce, industry and organizations large and small. Accountants often carry fancy…
2014 7092 GCE O Levels POA Suggested Solutions for Paper 2 (Only)
No greater delight is there as a POA tutor to have used super eye-power to spot questions in the last two days for his beloved students! Unlike before, the crash course this year has been shorten from 18 hours (3 miserable days) last year to a mere 8 hours over 2 days with battle-weary-grouchy-always-hungry-panda-eyes-16-yr-olds. I…
2019 7175 GCE O Level Principles of Accounts Paper 1
*CROWD SOURCE SOLUTIONS* Congrats on finishing the 2019 GCE O Level Principles of Accounts Paper 1!Every year, with the help of some of my students, I’ll put up the Paper 2 solutions within hours after the paper. For Paper 1, the paper itself is submitted for marking – which leaves me with no reference to…
Methods of Depreciation
There are several methods of depreciation used across different financial reporting standards around the world. For the 7175 and 7088 GCE O/N Level Syllabus, we focus on two specific methods: 1. Straight Line Method (SLM) 2. Reducing Balance Method (RBM) Methods Advantages Disadvantages Effect on Net Profit Straight Line Method a. Dep = (HC-SV) Useful…
What Is The Difference Between Accruals And Deferrals?
Accrual—accrual-basis recognition precedes (leads to) cash receipt/expenditure Revenue—recognition of revenue earned, but not received Expense—recognition of expense incurred, bill not paid Deferral—cash receipt/expenditure precedes (leads to) accrual-basis recognition Revenue—postponement of recognition of revenue; cash is received; but revenue is not earned Expense—postponement of recognition of expense; cash is paid; but expense is not incurred A deferral postpones…
