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Select any THREE questions only. QUESTION 1 Outline the any FIVE (5) Principles of Finance use in the business. QUESTION 2 Enter the names
Select any THREE questions only. QUESTION 1 Outline the any FIVE (5) Principles of Finance use in the business. QUESTION 2 Enter the names of the accounts to be debited and to be credited for each transaction: a Bought office furniture for cash b Sold goods on credit to Abu Trading C d A debtor pays the business by cheque e Bought motor vehicle on credit from Bala The owner puts into the business some money by cheque Paid by cheque for the motor vehicle bought from Bala I Styles (10 Marks) (10 Marks) Debit Credit QUESTION 3 Identify the FIVE (5) users of the accounting information in the organization. QUESTION 4 (10 marks)
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