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2018-Spring-Fin.Acct.-Final Exam.docx - UNIVERSITY OF THE...

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UNIVERSITY OF THE COMMONWEALTH CARIBBEANSCHOOL OF BUSINESS & MANAGEMENTEND OF MODULE EXAMINATIONFALLSPRINGSUMMERCENTRE:KINGSTON/MONTEGO BAY/OCHO RIOS/MANDEVILLEMODULE:ACT100 FINANCIAL ACCOUNTINGDATE:TIME:DURATION: 2 HOURSINSTRUCTIONS:1.PLEASE READ ALL INSTRUCTIONS CAREFULLY BEFORE ATTEMTING ANY QESTION.2.THIS PAPER REPRESENTS 40% OF YOUR TOTAL GRADE.3.THIS PAPER HAS TWO SECTIONS A & B.4.ANSWER ALL THREE (3) QUESTIONS.5.TOTAL SCORE ON THIS PAPER = 100.6.ALL QUESTIONS MUST BE ANSWERED IN THE BOOKLET PROVIDED.7.PLEASE ENSURE THAT YOU NUMBER YOUR QUESTIONS CORRECTLY.8.WRITE CLEARLY THE NUMBER AND PART(S) OF THE QUESTION ON EACH OF THERELEVANT PAGES.9.WHERE QUESTIONS HAVE MULTIPLE PARTS, ALL PARTS MUST BE ANSWERED.10.START THE RESPONSE TO EACH NEW QUESTION ON A NEW PAGE.Write yourREGISTRATION NUMBERclearly on each page of your answer booklet.DO NOT WRITE YOUR NAME.NB.Your script will not be marked if it has your name.DO NOT TURN OVER UNTIL YOU ARE TOLD TO DO SOPage1of6
SECTION A- 50%: THIS SECTION CONTAINS ONE (1) QUESTIONATTEMPT ALL PARTS OF THIS QUESTIONQuestion 1 (50 marks/CLO 2, 3 & 4)The Beseda Sailing Club is an association for sailing enthusiasts located in Negril. The clubowns a bar which provides supplemental income and is also involved in rental of boats, sailing

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Term
Fall
Professor
NoProfessor
Tags
Balance Sheet, Generally Accepted Accounting Principles

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