Meridian Sec 2024 POA P2 QP

Name:Class: Sec _____Index No.: _______4E5N MERIDIAN SECONDARY SCHOOL PRELIMINARY EXAMINATION 2024PRINCIPLES OF ACCOUNTS Paper 2 7087/02 23 August 2024SECONDARY 4 EXPRESS / 5 NORMAL (ACADEMIC) 2 hoursCandidates answer on the Question Paper.Additional Materials: Insert READ THESE INSTRUCTIONS FIRSTWrite your name, class and index number in the spaces at the top of this page.Write in dark blue or black pen.Do not use staples, paper clips, glue or correction fluid.The use of an approved calculator is allowed.Answer all questions.The businesses described in this question paper are entirely fictitious.The number of marks is given in the brackets [ ] at the end of each question or part question.The total number of marks for this paper is 60. For Examiner’s UseTotal Marks This document consists of 14 printed pages and 1 insert.[Turn over

2 MSS 4E/5NA Preliminary Examinations 2024Principles of Accounts (7087/02) 1Refer to the Insert for data for Question 1.REQUIRED(a)Prepare the statement of financial performance for the year ended 31 December 2023.Wong’s AdvertisingStatement of Financial Performance for the year ended 31 December 2023…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

3 MSS 4E/5NA Preliminary Examinations 2024Principles of Accounts (7087/02) …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………