Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Approaches in preparing final accounts where there are insufficient records

Approaches in preparing final accounts where there are insufficient records

Answers


Faith
There are 4 main approaches in preparing final accounts where there are insufficient records.
a)Estimating income from the net assets.
b)Estimating income from the use of ratios.
c)Use of a simple cashbook and bank statement.
d)Use of control accounts.
Titany answered the question on December 14, 2021 at 09:21

Answer Attachments

Exams With Marking Schemes

Related Questions