F4 B.KEEPING ISESE PRE-NECTA 01

Page 1 of 8 FORM FOUR PRE-NECTA No. 01 INTERSECONDARY SCHOOLS EXAMINATION SERIES ISESE BOOK KEEPING TIME: 3 HOURS Wednesday 24th July 2024 INSTRUCTIONS 1. This paper consists of three sections A, B and C with a total of nine (9) questions. 2. Answer all questions in section A, B and C 3. Section A carries fifteen (15) marks, section B carries forty (40) marks and section C carries forty-five (45) marks. 4. Budget your time wisely. 5. Time allowed is 3:00 hrs A. Banking charges B. Direct transfers C. Standing cheque D. Standing order E. Direct credit A. A proprietor banked cash of TZS. 230,000 B. A proprietor cashed cheque of TZS. 230,000 C. A proprietor withdrew cash from bank TZS. 230,000 to pay a school fee D. A proprietor withdrew cash TZS. 230,000 to buy a business stock E. A proprietor took TZS. 230,000 from bank for business use ii. The purchases of typewriter on credit from Sylvester for resale should be recorded by: A. Debit Typewriter Account, Credit Sylvester Account B. Debit purchases Account, Credit Cash Account C. Debit Purchases Account, Credit Sylvester Account D. Debit Typewriter Account, Credit Cash Account E. Debit Sylvester account, credit typewriter account SECTION A (15 MARKS) Answer all questions in this section 1. For the each of the following items (i-x) choose the best correct answer from the given alternatives and write its letter beside the item number in the answer sheet. iii. Which term best describes the authorization granted by Mr. Mudau to NBC