ZIMSEC O-Level Principles of Accounting
9End of Year Financial Statements
End of Year Financial Statements in ZIMSEC O-Level Principles of Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Topic78 practice questions4 lessons
Overview
Forms 2 and 3: the income statement and statement of financial position, closing entries and the interpretation of financial statements.
In this topic
Lessons
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The income statement of a sole trader
35 min
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The statement of financial position of a sole trader
35 min
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Closing entries: transferring balances at the year end
35 min
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Interpreting financial statements and ratios
40 min
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Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
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