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This exam was prepared and done at REBIMBERE  SACCO, in NKANKA SECTOR, RUSIZI  DISTRICT,WESTERN PROVINCE, in job recruitment on SACCO Accountant  Post.

This exam paper is very most helpful study material in preparing your next job exam for the following job post such as: MFI/SACCO Accountant, Revenue Accountant   , Commercial Bank Accountant or Operation Officers , and other  Cash Management post especially in Financial Institutions.

RUSIZI DISTRICT

NKANKA SECTOR

SACCO REBIMBERE NKANKA

Date : 2nd May 2017

EXAM FOR ACCOUNTANT POST

1. From the following trial balance extracted from the books SACCO REBIMBERE NKANKA as on 31/12/2016 , Prepare

1. Trading and Profit & Loss A/c
2. Balance Sheet (20 marks)

• Cash in hand 2,000
• Capital 200,000
• Machinery  60,000
• Sales 254,800
• Stock 50,000
• Sundry Creditors 40,000
• Bills receivable  1,600
• Bank overdraft 22,000
• Sundry debtors 50,000
• Return outwards 3,000
• Wages 70,000
• Discount received 1,800
• Land 40,000
• Bills payable 1,800
• Carriage inwards 2,400
• Purchases 180,000
• Salaries 24,000
• Rent 4,000
• Postage 1,000
• Return inwards 3,200
• Drawings 10,000
• Furniture 18,000
• Interest 600
• Cash at bank 6,600
• Stock as on 31.12.2016 to 100,000

2. After giving the meaning of business plan, Explain in summary  its principal part. (10 marks)
3. From the following information you are required to calculate depreciation rate :(20 marks)

Cost of the Machine 30000 Rwf

Erection Charges  3000Rwf

Estimated useful life  10 years

Estimated Scarp Value  3000Rwf

GOOD LUCK!!!!!!!!!!!!!!!!!!!!!

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