2021 O Level POA Answers
Paper 1 : Paper 2 :
2021 GCE O Level Paper 1 Solutions (7087 and 7175)
2021 O Level POA Paper 1 Answers is LIVE now. Thanks to the contributions from Redditors and students from Master Principles of Accounts. 7087 POA Paper 1 (New Syllabus) This is the first year the 7087 Principles of Accounts syllabus is being tested. Overall, very similar to the preceding year’s topic and question style with…
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…
2019 7175 GCE O Level POA Paper 2 Solutions
Hey folks! Just done up the 2019 GCE O Level Paper 2 Solutions. Let me know what you think in the comments below! As predicted in our GCE O Level Webinar last night, these specific chapters came out for Paper 2: Prepayment and accruals Profitability ratios Issued share capital Trade payable subsidiary ledger If you…
2015 O Level POA Answers
Congratulations to all Jump Grades’ students! We’ve been slogging it out over the past week focussing on the key chapters we were spotting that might come out for Os: At Jurong East: At Macpherson (Bedok + Kovan Students) DAY BEFORE EXAM CAMPING AT SAIZERIYA: The results are out. Comparing Caleb’s guess vs what came out….
INTERNATIONAL STANDARDS & ACCOUNTING TERMINOLOGY
The terminology for accounting varies across different levels of study. Those of you who have moved on to study accounting at tertiary level would agree – terms like debtors and creditors have a different meaning in ICCI, CAT, ACCA and other accounting diploma/degree programs. The term Debtors used for O’/N’ Level, for example, becomes Accounts…
