cameroon gce intermediate level 2025 ohada financial reporting 2

Based on the images provided, here are the questions exactly as they appear.

From the first image:

1. As a student on internship in JASON Entity, the management presented to you the situation of its customers as at 31/12/23 before inventory as follows:
   • (1) Bih’s financial position:
     • Assets:
       • Fixed assets: 2,575,800
       • Totals: 2,575,800
     • Liabilities:
       • Amounts: 1,025,550
       • Employees: 787,050
       • State taxes: 763,200
       • Ordinary creditors (including Jason): 2,575,800
       • Totals: 2,575,800
   • Other information:
     • During the 2023 financial year, the following was observed:
       • Ngwa who owes 655,875FCFA (VAT Incl.) became doubtful with a probable loss of 40%.
       • Tim who owes 417,375FCFA (VAT Incl.) argued it existence and the matter was taken to court pending judgement as at date of inventory.
   • Required: For their year-end procedures, you are to:
     • i) Present the statement of customers as at 31/12/23 using appendix 1. (14 marks)
     • ii) Journalise the necessary adjustments. (6 marks)
     • TOTAL (20 marks)
2. You work as an accountant in MATA entity which deals in the wholesale of kitchen utensils. Your enterprise has an account with Ecobank Bamenda. You requested a bank statement from your bank and realised a balance of 7,244,500FCFA as opposed to a balance of 7,019,700FCFA found in your books. Upon verification of the difference in balances you notice the following situations:
   • A standing order for rents payment of 201,600FCFA has been entered in the bank account, but has not yet been executed by the bank.
   • A credit interest of 205,300FCFA has not been treated by the entity.
   • Cheque No. 0136 to supplier Ashu has not been treated by the bank of value 364,500FCFA.
   • A direct deposit from customer Lum of 135,200FCFA has not been recorded by the accounts clerk.
   • Bank charges of 13,800FCFA were still to be recorded by the accounts clerk.
   • An amount of 855,800FCFA deposited to the bank on the 31/12/22 was not found in the bank statement.
   • The accounts clerk has not yet recorded a cheque of 187,800FCFA collected by the bank.
   • Required:
     • i) Present the bank reconciliation statement as of 31/12/22 using appendix 2. (14 marks)
     • ii) Journalise the adjusting entries. (6 marks)
     • TOTAL (20 mark