CSEC Principles Of Accounts May/June 2020 Past paper 1/Multiple Choice (Part 1)

[@thinkhealthtv]

The Correct answer for #26 (C)
Gross Profit $12,000
Add Revenues:
Discount Received $2,000
$14,000
Gross profit (adjusted)
Add Expenses:
Rent received $3,000
Discount Allowed $4,000
($7,000)
Net Profit $7,000
Net profit formula
Net profit/Net sales x 100 = 7,000/3,000 x 100 = 23%

[@jahmayajacobs1061]

Isn't is 7000/30000×100= 23% ???

[@yolanda3597]

@@jahmayajacobs1061 yea thats what i did

[@joannajordan4305]

Thank youuu!! Cause I was here saying discount received is NOT an expense😂

[@maraj1014]

Have you done the Part 2 of this yet?

[@craigsports8455]

I have just done the exam and it actually every thing repeat thanks very much

[@thinkhealthtv]

Thanks to God. I am really glad my videos helped a lot.

[@chelseasamaroo8767]

29 is D I’m most confident about that

[@thianna]

It would be really appreciated thanks in advance.

[@arieltv6329]

Yo this is the same paper we did for mock exam and the whole class fail 🙁

[@satisfyingvideos3523]

Having mock exam sn hope it's the same thing

[@JuniorRichards-ww7xp]

😂😂😂😂😂

[@vascinaduffus967]

goodnight miss where do you the accounts 2020 paper from . can you please share the link thank u

[@thianna]

Good night is it possible for you to attach the link for the paper in the description?

[@thinkhealthtv]

I would love to, but this is against copyright law.

[@shaniahmootilal4.5]

Isn’t 29 D?

[@andraethompson7916]

Thank very much. I appreciate it a lot

[@thinkhealthtv]

Glad it was helpful.

[@Youtuber-ek2ql]

woudn't number 6 be D?

[@gabrielkhan4.b882]

no since liquidity measures what can easily be turned into cash

[@tshyasookram4458]

Thank you so much! Very helpful

[@thinkhealthtv]

You're welcome!

[@tshyasookram4458]

@@thinkhealthtv Hi good day ! Thank you so much for all your videos uploaded. By chance was Part 2 for Paper 1 POA 2020 uploaded? Thank you

[@aarongokool1740]

When is part two of this 2020 may/june paper 1

[@cactussmith9794]

Grateful😀

[@thinkhealthtv]

Thanks.

[@shaniawilliams5605]

Isn’t number 4 C
Because it doesn’t matter how much you use but how much you would have paid for it
So it would be $220

[@godofrandom4645]

I think it is. This lady is trippin

[@atiya2929]

@@godofrandom4645 LmAooo yeah it is c

[@nicholasblake1725]

YUP

[@melissawarner8071]

Thankz you very much is only 2020 May/June I didn't have ...but I have all january 2020 to 2008 the rest of them

[@thinkhealthtv]

Hi Melissa do you have the CSEC POA January 2021 Paper 2? I checked the past paper years that I have missing from my paper 1's are January 2011-2016, 2018-19 and June 2010 and 2011. Do you have these ones?

[@melissawarner8071]

@@thinkhealthtv yes I do

[@melissawarner8071]

@@thinkhealthtv send me u email I was saying I have mcq January 2020 and 2019 to 2006 May/ June mcq ,I only didn't have 2020may/ June mcq

[@melissawarner8071]

Check ur email I just send 2021 january paper 2

[@jutubeofficial7132]

Number 26 answer is C.23%

[@ayannalewis8470]

Good evening miss

[@lilscar9358]

for question 26 u not suppose to discount received to the gross profit

[@ALONE-s5b]

12 is B because the good are going out

[@rbxve6914]

No its A cause the customer returned the goods so it will be returns inward book if u watch the question carefully u will understand

[@rbxve6914]

The goods is coming back so its inward

[@eshajagdatt3320]

Where's part 2of the video
Can I have the link plz

[@youareamazing1211]

Isn’t no. 2 D) Accounting refers to journalizing, posting and balancing of accounts in special books? Or am I wrong someone plz tell me.

[@The1MrZ]

The correct answer for No. 2 is C. Journalising etc are steps in the accounting cycle but the ENTIRE accounting process involves recording and reporting financial information etc. Hope this helps.

[@youareamazing1211]

@@The1MrZ Thank you 😊. It help.

[@jaunel2652]

Could u put the link as to where u got the paper from thank u very much

[@thinkhealthtv]

I would love to. However,This is against copyright law.

[@melissawarner8071]

Good night when is part 2 coming out

[@thinkhealthtv]

Coming very soon

[@jujukareema4915]

Mrs. when is part 2 coming out poa exam is 5th july

[@thinkhealthtv]

Here you have it. Stayed up late just to prepare this video
CSEC Principles of Accounts Past Paper 1 (Part 2)
ruclips.net/video/VM_jjcB-lXc/видео.html

[@jujukareema4915]

@@thinkhealthtv THANK YOU SO MUCH

[@vernalizadinnoo-ramlakhan832]

Where can u get part 2

[@tenadrupali3294]

Can u please work some more of poa past papers

[@thinkhealthtv]

Yes, i will be definitely be doing some more.

[@tenadrupali3294]

@@thinkhealthtv your the best
That’s very helpful thanks a lot god bless you

[@lakeishabobb-blackman4324]

Umm for number 5 I was told by my teacher that the “Order of Liquidity” is the least liquid asset for to the most liquid asset so the answer is therefore (D).

[@sashoyajohnson705]

Thankyou

[@thinkhealthtv]

You’re welcome 😊

[@asabisteele6730]

These comments have me second guessing myself because this lady giving a lot of wrong answers too

[@salenabhopaul9262]

true

[@fariahafiz7393]

Thank youuu

[@thinkhealthtv]

Welcome 😊

[@steevensingh5092]

Hey faria

[@steevensingh5092]

Im steeven from Jc

[@steevensingh5092]

Im natalie cuz

[@kxngleo2465]

Miss can do more accounts paper please

[@thinkhealthtv]

Will be posting more soon

[@weslynquashie295]

#4 answer is not B it is C

[@ayannalewis8470]

D

[@melissawarner8071]

Hi can u do part 2 for this

[@ayannalewis8470]

B

[@chelseasamaroo8767]

#15 is B

[@ayannalewis8470]

D

[@ayannalewis8470]

A

[@foreveryoung7230]

Nice ...appreciate your teaching miss but too much explanation. Just get to the answers

[@empsiemanual6117]

How will we learn then?

[@ayannalewis8470]

D

[@ayannalewis8470]

B

[@ayannalewis8470]

A

[@ayannalewis8470]

D

[@ayannalewis8470]

B

[@ayannalewis8470]

A

[@ayannalewis8470]

D

[@ayannalewis8470]

B

[@ayannalewis8470]

A

[@ayannalewis8470]

D

[@ayannalewis8470]

A

[@DinishaJoseph]

A

[@ayannalewis8470]

D

[@DinishaJoseph]

A

[@DinishaJoseph]

A