Book Keeping Form One Annual Exam With Marking Schemes

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BOOK KEEPING – FORM ONE ANNUAL EXAMINATION – NOVEMBER.

BOOK KEEPING QN | MARKING SCHEME

SECTION C: ESSAY QUESTIONS (15 MARKS)

9. Describe the importance of preparing financial statements to a business owner.

10. Explain the relationship between journals, ledgers, trial balance, and financial statements in Book Keeping.

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