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SOLUTIONS MANUAL

Frank Wood’s

Business Accounting 1&2

ELEVENTH EDITION

Frank Wood BSc(Econ), FCA

and

Alan Sangster BA, MSc, CertTESOL, CA

ISBN 978-0-273-71824-6

© Pearson Education Limited 2008 Lecturers adopting the main text are permitted to download and photocopy this manual as required.

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Eleventh edition published in 2008 © Pearson Education Limited 2008 The rights of Frank Wood and Alan Sangster to be identified as authors of this Work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988. All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers or a licence permitting restricted copying in the United Kingdom issued by the Copyright Licensing Agency Ltd, Saffron House, 6–10 Kirby Street, London ECIN 8TS. ISBN 978-0-273-71824-6 10 11 9 8 7 6 10 09 08 5 4 3 2 1

Printed in Great Britain

Contents

Preface Part 1 Business Accounting 1 Students and examination success Answers Part 2 Business Accounting 2 Answers iv 1 3 6 93 95

Preface

This solutions manual contains answers to all the questions not already answered in Business Accounting 1 and Business Accounting 2. It can be seen that there are a considerable number of questions in both textbooks. About one-half of these have the answers at the back of the relevant textbook, while the remainder of the answers are contained in this manual. The result of this...