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2020 7086 N Level POA Answers
Paper 1 : Paper 2 :
Electronic Deferred Payment (EDP): Singapore’s Digital Solution as Corporate Cheques Get Discontinued
Hey, what’s up? This is something we’re really passionate about here at Master Principles of Accounts. Now, Singapore’s payment landscape is undergoing a massive transformation with Electronic Deferred Payment (EDP) and EDP+ systems, and if you’re in business or studying accounting, you absolutely need to know about this corporate cheques discontinued timeline. Corporate Cheques Discontinued:…
Capital and Revenue Expenditure
Key Takeways: • define capital and revenue expenditure • distinguish between capital and revenue expenditure • classify accounting transactions as capital and revenue expenditure • analyse the effects of differences in classification and treatments of capital and revenue expenditure on profit/loss for the period and non-current assets Source: 7087_y22_sy Principles of Accounts O-Level for 2022 (seab.gov.sg) Definition and differences…
How to Study Effectively for GCE O/N Level Principles of Accounts Exams
Many students who are studying for their GCE O/N Level Principles of Accounts Exams wonder how to study effectively for their GCE O/N Level Principles of Accounts Exams. There are many strategies that you can use to help enhance your performance in the GCE O/N Level Principles of Accounts Exams. In this article, I will…
2021 7087 GCE O Level Paper 2 Specimen Paper Answers
The 7087 GCE O Level Principles of Accounts POA Specimen Paper 2 can be accessed here. 1a) XY Pte Ltd Statement of Financial Performance for the year ended 31 July 2020 $ $ Sales revenue 325,000 Less: Sales returns 2,400 Net sales revenue 322,600 Less: Cost of sales 94300 Gross profit 228,300 Add:Other income Rent…
