Sec · O-Level

POA Prompt Templates

17 templates for Syllabus 7086 — Double-Entry Bookkeeping, Financial Statements, and Special Topics.

Syllabus 7086 at a glance

Paper 1

MCQ

30%

30 MCQ on concepts & computation

Paper 2

Structured

70%

Bookkeeping, statements, analysis

Double-entry bookkeeping foundationIncome Statement + Balance SheetAdjustments: depreciation, accruals, bad debtsSpecial: club, partnership, incomplete records

Bookkeeping Basics Financial Statements Special Topics

POA Prompt Templates

Syllabus 7086 at a glance

Bookkeeping Basics

Journal entries — debit and credit rules

Ledger accounts — T-accounts and balancing

Trial balance — preparation and purpose

Correction of errors — suspense account

Bank reconciliation statement

Financial Statements

Income Statement — Trading and Profit & Loss Account

Statement of Financial Position (Balance Sheet)

Adjustments — accruals, prepayments, bad debts, depreciation

Depreciation — straight-line vs reducing balance

Ratio analysis — profitability, liquidity, and efficiency

Special Topics

Control accounts — sales ledger and purchases ledger

Club accounts — receipts & payments, income & expenditure

Incomplete records — reconstructing accounts

Partnership accounts — profit sharing and capital accounts