Information
This mock covers a trading business that deals with credit sales and credit purchases. You will be expected to enter an opening trial balance and process one month's transactions including sales and purchases invoices, receipts and payments, cash and petty cash transactions, entering wages journals, reconciling the bank and producing a closing trial balance.
After purchasing the mock you must go online to access it within 28 days or your access will expire. You will be permitted one attempt at the mock.
Please download the four separate files.
1) Important information - This should be read before you attempt this mock
2) Exam paper
3) Model answers - These have been provided in the form of a spreadsheet showing the result of entering the data. You should use the model answer purely to check the results of any input made.
4) Model Reports - These have been produced using Sage accountancy software and provide an example of the reports for each of the tasks within the exam. Other software packages can be used for this exam but they must be able to produce the information required for each task.
PLEASE NOTE: ICB cannot be held responsible for loss of internet access, computer breakdown or any other problem arising from technical issues on the computer you are using.
