cameroon gce 2023 intermediate level OHADA Financial Reporting 2

cameroon gce 2023 intermediate level OHADA Financial Reporting 2

cameroon gce 2023 intermediate level OHADA Financial Reporting 2

5. Waldo Entity has identified the following transactions relating to expenses
31/12/2020 adjustments:
• A bonus worth 800,000F tax excluded is expected from supplier ALI,
• There is a sheet of 20 postal stamps of 250F each; and various office stationeries worth 100,0001-. No stock
account was kept for the items.
• The consumption of water is estimated at 60,000F tax excluded, the corresponding bill is still awaited.
‘• Anannualrentwaspaidonthe28/02/2020fortheperiodrunningfromthe1/03/2021foranamountof600,000F,
identified in the cash till: 4 notes of 10,000F, 5 notes of 5,000F
• The following counterfeited bank notes have been
and 8 notes of 2,000F. They are not to be charged on the cashier.
• A loan of 4,800,000F was granted on the 1/03/2020 at 10% p.a The annual interest was collected on the same
date.
•
t yet established a credit note to Prolongation bar, a customer with an annual turnover of 1,500,000F before tax.
• Waldo Entity is expecting a stock of goods worth 425,500F tax excluded from supplier KEN but the corresponding
invoice has been received and recorded