LEARNING HUB TANZANIA
BOOK-KEEPING - TERMINAL EXAMINATION
FORM TWO
TIME: 2HRS
NAME:______________________________________ CLASS:___________
INSTRUCTIONS
- Answer all questions
i) Which of the following should not be called sales?
ii) Which of the following should not be called purchases?
a) Items bought for the prime purpose of re-sales
b) Goods bought on credit
c) Office stationary purchased
d) Goods bought for cash
iii) Which of the following is not a book of original entry?
iv) The total of the discount allowed in a cash book is posted to the
v) The document which gives description of goods bought on credit is
vi) A cash discount is described as a reduction in the sum to be paid if payment is made
vii) Suppliers personal accounts are found in
viii) The total of the returns outwards journal is transferred to the
ix) A profit percentage which is calculated on sales is called
Group A | Group B |
i) A ledger for customers personal accounts ii) A ledger for supplier’s personal accounts iii) The main book of accounts iv) Book of original entry used to record prompt receipts and payments v) A ledger account for capital and drawings account vi) A book of accounts used to record rare transactions vii) Books of original entry used to record credit sales viii) Books of original entry used to record credit purchases ix) Books used for making small payments x) A ledger for impersonal accounts |
|
i) ______________________________________________________________________
ii) ______________________________________________________________________
iii) ______________________________________________________________________
iv) ______________________________________________________________________
v) ______________________________________________________________________
NAME OF ACCOUNT | CLASSIFICATION |
i) Sales ii) Purchases iii) Capital iv) Cash v) Mkayu vi) Furniture vii) Motor van viii) Rent expenses ix) Advertising x) Rent income |
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SECTION C
May 1. Purchased a stock of 100 shirts at Tsh 1,200 each from Menya Textiles
7. Purchase from Kamila: 1dozen trousers at Tsh. 15,00 per trouser. 20 dresses at Tsh 20,000 each and 30 shirts at Tsh. 4000 each. A trade discount of 20% was allowed on all goods.
8. Returned to Menya Textiles 5 shirts and received a credit note.
10. Purchased 10 dozen towels from Towel distributors at Tsh. 60 per dozen. A trade discount is 25%
11. Returned to Kamila 5 shirts
31. Purchased from kathian 50 bed sheets at Tsh. 4000 each at a trade discount of 25%
6. Write up a three column cash book from the following 2015
May 1: balances brought forward
Cash 4,600
Bank 9,300
3. Bought goods by cheque 2800
5. Cash sales to date 4400
8. Banked cash 2500
10. paid by cheque the following receiving a cash discount of 5% in each case
John 1600
Herman 3000
Jackson 1400
12. Received by cheque the following, allowing a discount of 3% in each case
Simon 4000
Berna 3000
Mathew 2000
14. Bought furniture by cheque 2900
16. Cash drawings 1000
18. Cash sales paid direct into bank 3500
22. Paid salary by cash 1500
25. Cashed cheque 1800
26. Paid Andrew by cash, less 4% cash discount 2000
28. Received cash from smith, less 4%
Cash discount 2500
30. Paid wages in cash 1300
7. Record the following in the petty cash book, balance it and post to the appropriate ledger accounts, and show the amount to be reimbursed to the petty cashier at the end of the week.
January 1. Received from main cashier 300
2. Paid bus fares 35
3. Bought postage stamps 50
4. Bought sundry stationary 25
5. Paid wages 30
6. Paid taxi fare 50
7. Paid postage and telegrams 30
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LEARNINGHUBTZ.CO.TZFORM TWO BKEEPING MODAL SERIES 5