I am participate in Pitman Examination on Book Keeping.
The examination date is around the corner, that is 6 March 2008.
So, I posted up here the style and structure of the question papers that maybe come out. Maybe it can help those people want to take Level One too!
There are 5 questions, Question 5 is optional. But why don't we try Question 5?
Below is the style and structure of questions :
1. write up cash book
2. post cash book to ledger
3. post sales invoices to ledger
4. post purchases invoices to ledger
5. extract trial balance
PETTY CASH BOOK
-folio column(next to amount received and before the last analysis of payment)
-balance c/d, b/d
1. -rewrite cash book
-update cash book
-correct cash book
2. balance the cash book
3. make bank reconciliation statement
-debit balance as per cash book
-credit balance as per bank statement
1. prepare trading account
2. prepare profit and loss account
-net profit/net loss
3. prepare balance sheet
-net book value of assets
-capital at the end
give definitions of four terms out of five given
that all i've prepared.
you can comment this if you think i have write wrongly or want to add something.