MSHS 2024 POA P2 QP

[Turn over ClassIndex NumberName MARIS STELLA HIGH SCHOOLPRELIMINARY EXAMINATIONSSECONDARY FOURPRINCIPLES OF ACCOUNTS7087/02Paper 222 August 2024 Candidates answer on the Question Paper.Additional Materials: Insert2 hoursREAD THESE INSTRUCTIONS FIRSTWrite your class, index number and name 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 brackets [ ] at the end of each question or part question.The total number of marks for this paper is 60.For Examiner’s Use60This document consists of 16 printed pages and 1 insert.

2Answer all questions.1Refer to the Insert for data for Question 1.REQUIRED(a)Prepare the statement of financial performance for the year ended 31 May 2024. Happiness Pte LimitedStatement of Financial Performance for the year ended 31 May 2024………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…………………………………….………………………………………….…………………..…

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