Ecz Principles of Accounts gce grade 12 2014 paper 2
You are required to:
Calculate the Accumulated Fund showing your workings clearly, as at 1 January, 2012 and the Subscriptions Account, showing clearly the transfer to come and Expenditure Account at 31st December, 2012.
Prepare the Income and Expenditure Account for the year ended 3 2012.
Draw up a Balance Sheet as at 31st December, 2012.