Question 2a
Marking Guide
(a)
Schedule of retained earnings as at 30 September 2014
retained earnings per trial balance ½
issue costs 1
loan finance costs 1
depreciation charges 2
income tax expense 1½
6
(a)
Schedule of retained earnings as at 30 September 2014
retained earnings per trial balance ½
issue costs 1
loan finance costs 1
depreciation charges 2
income tax expense 1½
6