ordinary level 2025 South West mock ohada financial accounting 2
ordinary level 2025 South West mock ohada financial accounting 2
| , You have jus.been«*d » mm***b | |||
| SttSSSES Your mJger, BOILA, hands U> you te Mowmg* f°m*o*%ST.0 invoice 5* tal N° 745 LANCBMANI p^d on | |||
| 20/03/17. REF |
Description | ||
| RTOAi | RICE | ||
| CARTONS | 12,000 | MAflffl | |
| DITTO /5 litres type) | MD9 OC01 |
6.000 450,000 . I 7,875,000‘ |
LITRES |
Amount
2,625,000
iti: Units Unit price
150 BAGS TOTAL
Sales conditions:
,
– Trade discount 10% and cash discount 2 /o
– Transport invoiced 150,000 FCFA
– Containers: 12 drums at 1,000 FCFA per drum
– VAT 19.25%
The settlement of the invoice was done 30* April 2017 by Cheque N°: 4023.
Required:
a) Prepare the Invoice N°: 745
b) Record the invoice in the books of DIVINE PROVISION STORE.
(14 marks)
(6 marks)
(Total 20 marks)
2. In the month of January 2021, FIN–MANN Enterprise limited carried out the following transactions:
• 01/01/2021 Withdrawal of 1,000,000 FCFA from the bank.
• 03/01/2021 Cash paid to supplier NKONG 430,000 FCFA, for the settlement of debt.
• 06/01/2021 Purchase of small office equipment 14,000 FCFA by MTN mobile money.
• 08/01/2021 Cheque received from customer 4,100,000 FCFA.
• 09/01/2021 Bought goods on credit from supplier NFOR 80,000 FCFA tax exclusive.
• 12/01/2021 Received cash from customer TAMFU 210,000 FCFA
• 15/01/2021 Paid ENEO electricity bill by cash 52,500 FCFA
• 16/01/2021 Sold goods on credit to customer SUSAN, 286,200 FCFA tax inclusive.
• 20/01/2021 Acquisition of accounting software 1,200,000 FCFA to be paid in 5 days’ time.
Required:
Record the above transactions in the classical journal of FINE–MANN Enterprise limited.
(Total 20 marks)
3. MATICO limited keeps records of commercial containers. On the 01/08/2015, Initial stock of containers
500 units out of which 220 units are with the customer on consignment. During the rest of August, the
following transactions took place:
• 06/08/2015, Purchase of 100 containers at 150 FCFA each
• 10/08/2015, Return of 10 containers
• 11/08/2015, Consignment of 50 containers
• 13/08/2015, Consignment from suppliers 90 containers
• 15/08/2015, Non return of 70 containers at due date
• 18/08/2015, Consignment of 90 containers to Mr. CHE
• 20/08/2015, Return of 20 containers
• 23/08/2015,Consignment of 12 containers
• 25/08/2015,Purchase of 120 containers at 165 FCFA each
• 27/08/2015,Return of 10 containers
• 29/08/2015, 10 containers were destroyed in the warehouse
Required:
Present the stock card for the movement of containers in MATICO Enterprise limited, (use
;
appendix 1)
