February 2025

Biology Notes: Chemicals of Life: Test for Carbohydates

By |2025-02-12T09:44:07+02:00February 12th, 2025|Notes, O Level Biology Notes, Ordinary Level Notes|

ZIMSEC O Level Biology Notes: Chemicals of Life: Chemicals of Life: Test for Carbohydrates

  • We have already looked at the structure, properties and use of carbohydrates here
  • We will now examine the test for carbohydrates in food
  • The nature and order of tests carried out depends on whether we are dealing with a reducing sugar or non-reducing […]
Read More
Comments Off on Biology Notes: Chemicals of Life: Test for Carbohydates

Principles of Accounting: Format of Income Statement for Companies

By |2025-02-12T09:42:53+02:00February 12th, 2025|Notes, Ordinary Level Notes, Principles of Accounts Notes|

ZIMSEC O Level Principles of Accounting: Accounting for Limited Liability Companies: Income Statement

  • As already pointed out in our introduction
  • The structure of the Income Statement ( Profit and Loss part) prepared for limited liability companies such as Private Limited (PVT LTD) and Public Limited Liability companies
  • is especially different from those prepared for sole traders and partnerships

    • […]

Read More
Comments Off on Principles of Accounting: Format of Income Statement for Companies

Inventory valuation methods: FIFO: Solution to Example Question

By |2025-02-12T09:30:33+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Inventory valuation: Inventory valuation methods: First In First Out (FIFO): Example Question

If you are viewing this post on a small screen/mobile device please view it in Landscape Mode otherwise it will be distorted.

Read More
Comments Off on Inventory valuation methods: FIFO: Solution to Example Question

Cambrige Notes: Principles of Accounting: Solution to Appropriation Account Example

By |2025-02-12T09:21:42+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Solution to Appropriation Account Example

Solution

Gandanga, Waeni and Banda

Appropriation Account for the Year ended 31 December 20×8

To access more topics go to the Cambridge IGCSE Accounting(0452)/O Level […]

Read More
Comments Off on Cambrige Notes: Principles of Accounting: Solution to Appropriation Account Example

Cambrige Notes: Principles of Accounting: Goodwill: When a new partner is admitted

By |2025-02-12T09:25:08+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Accounting for Partnerships: Goodwill and Partnership businesses: When a new partner is admitted

  • It is not uncommon for a partnership business to admit a new partner
  • This is happens for any number of reasons including:
    • To admit a partner with new skills
    • When the firm is expanding
    • To replace a partner […]
Read More
Comments Off on Cambrige Notes: Principles of Accounting: Goodwill: When a new partner is admitted

Cambrige Notes: Principles of Accounting: Statement of Affairs Example

By |2025-02-12T09:28:30+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Single entry and Incomplete records: Statement of Affairs Example

  • We have explained what a Statement of Affairs is
  • Now we will look at an example of how to prepare a Statement of Affairs

Question

W Soja started his business on 1 April 20X2 with $35,000 in a bank account. Unfortunately
he did not keep […]

Read More
Comments Off on Cambrige Notes: Principles of Accounting: Statement of Affairs Example

Cambrige Notes: Principles of Accounting: Calculating/Estimating depreciation

By |2025-02-12T09:31:23+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Calculating/Estimating depreciation

  • Before it is entered in the books depreciation has to be calculated
  • Where an accurate figure cannot be estimated an estimate has to be used
  • It is entirely up to the business in question to choose an appropriate way of calculating depreciation for each class of assets
  • Whatever the […]
Read More
Comments Off on Cambrige Notes: Principles of Accounting: Calculating/Estimating depreciation

Cambrige Notes: Principles of Accounting: Solution to Manufacturing Accounts Example

By |2025-02-12T09:34:52+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Example question Manufacturing Accounts

Read More
Comments Off on Cambrige Notes: Principles of Accounting: Solution to Manufacturing Accounts Example

Cambrige Notes: Principles of Accounting: Purchases Control Accounts Example

By |2025-02-12T09:38:08+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Purchases Control Accounts Example

You are required to prepare a purchases ledger control account from the following for the month of April. The balance of the account is to be taken as the amount […]

Read More
Comments Off on Cambrige Notes: Principles of Accounting: Purchases Control Accounts Example

Cambrige Notes: Principles of Accounting: Introduction to Accounting Concepts

By |2025-02-12T09:41:39+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes Notes: Introduction to Accounting Concepts

  • In the real world various measurement standards have been devised to aid communication, comparisons, trade and the sharing of ideas
  • For example units of measurement such as grams, meters, liters etc are universally used
  • We know what a kilogram looks like
  • Before the invention of these […]
Read More
Comments Off on Cambrige Notes: Principles of Accounting: Introduction to Accounting Concepts
Toggle Sliding Bar Area
Go to Top