FORM ONE BKEEPING EXAMS SERIES
THE UNITED REPUBLIC OF TANZANIA
PRESIDENT’S OFFICE – REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
FORM ONE ANNUAL EXAMINATION-NOVEMBER-2025   BOOK KEEPING TIME: 2:30 HOURS
INSTRUCTIONS
1. This paper consists of  three (3) sections A, B, and C .
2. Answer  all questions in Sections A and B .
3. In Section C, answer  one (1) question only .
4. Write your  Assessment Number/Full Name  at the top right-hand corner of every  page.
5. Use  blue or black ink  for writing; drawings or tables may be done in pencil.
6. Unauthorized materials and electronic devices are not allowed  in the  examination room.
SECTION A (15 Marks)
QUESTION 1: Multiple Choice Questions (10 Marks)
For each item (i)–(x), choose the correct answer and write its letter in the box provided.
(i) Book Keeping can best be defined as: A. Recording of financial transactions systematically B. Writing personal diaries C. Counting money in the office D. Selling goods in a shop
(ii) The origin of Book Keeping is believed to be from: A. Africa B. Asia C. Italy D. America
(iii) The main purpose of Book Keeping is: A. To keep secrets of the business B. To record business transactions accurately
C. To calculate profit only D. To advertise goods
(iv) Which of the following is  NOT  a basic term in Book Keeping? A. Asset B. Liability C. Teacher D. Capital
(v) The accounting equation is: A. Assets = Capital – Liabilities B. Assets = Liabilities + Capital C. Liabilities = Assets + Capital D. Capital = Liabilities – Assets
(vi) The principle that assumes a business is separate from its owner is called: A. Going concern B. Duality C. Business entity D. Consistency
(vii) Revenue account records: A. Resources owned by the business B. Amounts owed to outsiders C. Income earned by the business D. Business expenses
(viii) An example of a source document is: A. Ledger B. Journal C. Invoice D. Trial balance
(ix) The purpose of preparing a trial balance is: A. To check arithmetical accuracy of ledger accounts B. To calculate depreciation C. To balance only one account D. To record transactions for the first time
(x) Which financial statement shows the financial position of a business at a particular  date?
A. Income Statement B. Balance Sheet C. Cash Flow Statement D. Journal
Q2. Match the items in  List A  with the correct responses in  List B . Write the letter of the  correct answer beside the item number.


SECTION B (70 Marks)
Answer all questions (3–9). Each carries 10 marks.
Q 3
(a) Define Book Keeping. (b) State two purposes of Book Keeping. (c) Mention two disciplines related to Book Keeping. (d) Explain one importance of Book Keeping in business.
Q 4
(a) What is an accounting assumption? (b) Explain the business entity assumption. (c) Mention one accounting principle. (d) Explain why accounting principles are important.
Q 5
(a) State the accounting equation. (b) If assets = 50,000 and liabilities = 20,000, calculate capital.

(c) Explain the dual aspect concept. (d) Why is the double entry system important?
Q 6
(a) Define assets. (b) Mention two types of liabilities. (c) State one example of a revenue account. (d) Give one example of an expense account.
Q 7
(a) What is a source document? (b) Mention two examples of source documents. (c) State the use of the books of original entry. (d) Explain the relationship between source documents and ledger accounts.
Q 8
(a) Define posting in Book Keeping. (b) Explain one function of a ledger account. (c) Why do we balance accounts? (d) Mention one difference between journal and ledger.
Q 9
(a) What is a trial balance? (b) State two purposes of a trial balance. (c) List two types of errors that may not be disclosed by a trial balance. (d) Explain one limitation of a trial balance.
SECTION C (15 Marks)
Answer one (1) essay question only.
Q 10 (Essay)
“Financial statements are important tools for decision-making in a business.” With examples,  explain the meaning, types, purpose, content, and format of  financial statements , and show how they help in measuring the performance and  position of a business.

FORM ONE BKEEPING EXAM SERIES 228  

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FORM ONE BKEEPING EXAM SERIES 228  

OFFICE OF THE PRESIDENT, REGIONAL ADMINISTRTION AND LOCAL GOVERNMENT
SECONDARY EXAMINATION SERIES
TERMINAL EXAMINATIONS-MAY-2025
BOOK-KEEPING FORM ONE
Instructions
1. This paper consists a total of five (6) questions. 
2. Answer all questions in the spaces provided. 
3. All writings must be in blue or black ink except drawings which must be in pencil. 
4. Cellular phones and any unauthorized materials are not allowed in the assessment room. 
5. Write your name at the top right corner of every page.
1. Choose the correct answer from alternatives given in (i)-(x) by writing correct answer in spaces  provided.
1. The accounting equation is:
a) Assets = Liabilities - Capital
b) Assets = Capital + Revenue - Expenses
c) Assets = Capital + Liabilities
d) Assets + Expenses = Capital - Liabilities 
2. In the double-entry system, a decrease in a liability is recorded by a:
a) Debit entry
b) Credit entry
c) Increase in capital
d) Decrease in assets 
3. Which of the following is a correct statement of the double-entry principle?
a) For every credit entry, there may be multiple debit entries.
b) For every debit entry, there must be a corresponding credit entry of the same amount.
c) Debit entries are recorded on the right side of an account.
d) Credit entries decrease the balance of an account.
4. Buying a sterilizer for shaving machines on credit will:
a) Increase assets and decrease liabilities.
b) Decrease assets and increase liabilities.
c) Increase assets and increase liabilities.
d) Decrease assets and decrease liabilities. 
5. Which type of account is used to record revenues and expenses?
a) Personal accounts
b) Real accounts
c) Nominal accounts
d) Assets accounts 
6. According to the golden rules of accounting, what do you do with a personal account?
a) Debit what comes in, credit what goes out
b) Debit the receiver, credit the giver
c) Debit all expenses and losses, credit all incomes and gains
d) Debit all incomes and gains, credit all expenses and losses [cite: 113]
7. An increase in revenue will ultimately:
a) Decrease capital
b) Increase liabilities
c) Increase assets and decrease capital
d) Increase capital 
8. The primary reason for using a double-entry system is to:
a) Simplify the recording of transactions
b) Ensure arithmetic accuracy
c) Reduce the number of entries
d) Increase the value of assets 
9. What is the effect on the accounting equation when an expense is paid in cash?
a) Assets increase and capital decreases
b) Assets decrease and capital increases
c) Assets increase and liabilities decrease
d) Assets decrease and capital decreases
10. Which of the following is NOT an advantage of the double-entry system?
a) It helps in the preparation of financial statements
b) It ensures that financial records are kept properly
c) It eliminates the possibility of errors
d) It assures arithmetic accuracy 
2. Match the items in column A with the corresponding items in column B by write the letter of the  correct answer beside the item number in a given box below;


3. Write short notes on the following terms 
a) Capital _____________________________________________________________________________  _____________________________________________________________________________ 
b) Transaction  _____________________________________________________________________________  _____________________________________________________________________________ 
c) Profit _____________________________________________________________________________  _____________________________________________________________________________ 
d) Sole proprietor  _____________________________________________________________________________  _____________________________________________________________________________ 
e) Depreciation  _____________________________________________________________________________  _____________________________________________________________________________

4. Book keeping is important to business owners and other parties outside of an enterprise for the  different reasons. Outline five (5) importance of bookkeeping 
i) ______________________________________________________________________ 
ii) 
iii) ______________________________________________________________________  ______________________________________________________________________ 
iv) ______________________________________________________________________ 
v) ______________________________________________________________________ 
5. The accounting cycle is a series of steps that companies use to record and process their financial  transactions. List eight stages of accounting cycle 
(i) ____________________________________________________________________ 
(ii) 
(iii) 
(iv) 
(v) 
(vi) 
(vii) 
(viii) ____________________________________________________________________ 
6. Complete the table below

FORM ONE BKEEPING EXAM SERIES 216  

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FORM ONE BKEEPING EXAM SERIES 216  

THE PRESIDENT’S OFFICE
REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
FORM ONE EXAMINATION
MWANZA    SECONDARY SCHOOL.
BOOK-KEEPING

Time:2:30 HoursAUGUST:2025
Instructions
1. This paper consists of sections A, B and C with a total of  nine (9)  questions.
2. Answer  all  questions.
3.   Sections   A   carries   fifteen   (15)   marks   and   B   carries   forty   (40)   marks   and   Section   C  carries forty-five (45) marks.
4. All writings must be in blue or black ink.
5. All answers must be written in the spaces provided.
6.   Cellular   phones   and   any   unauthorized   materials   are   not   allowed   in   examination  room.
SECTION A (15 Marks)
Answer  all  questions in this section.
1. For each of the items (i) - (x), choose the correct answer from the given alternatives  and write its letter beside the item number in the box provided:
i. All assets are recorded in the books of accounts at their purchases price.
(a) going concern principle 
(b) Business entity principle
(c) Historical cost principle
(d) Money measurement principle.
ii. The concept state that a business firm will continue to carry on its activities for  unforeseeable future of time.
(a) Continuity principle
(b) Time period principle
(c) Matching principle
(d) Accrual basis principle
iii. The revenues and expenses must be compared to determine the profit or loss  made by the business.
(a) Historical cost principle
(b) Matching principle
(c) Conservatism principle
(d) Consistency principle
iv. Only transactions which can be expressed in terms of money are recorded in the  books of account.
(a) Monetary unit principle
(b) Business entity concept
(c) Accrual basis principle
(d) Matching principle
v. The owner’s affairs and his or her business must be separated
(a) Consistency principle
(b) Monetary unit principle
(c) Business entity principle
(d) Accrual basis principle
vi. The information should be included in financial statements if it is significant  enough to influence the decisions of users, such as investors, lenders, or other  stakeholders.
(a) Materiality principle
(b) Consistency
(c) Accrual basis principle
(d) Matching principle
vii. Companies should use the same accounting methods and procedures from one  period to another.
A. Going concern principle
B. Time period principle
C. Consistency principle
D. Business entity concept
viii. The life of a business is divided into uniform time intervals for measuring its  performance or progress
(a) Time period principle
(b) Going concern principle
(c) Historical cost principle
(d) Matching principle
ix. Every financial transaction has two offsetting effects, that is a give and take so  records must be shown in two accounts.
(a) Time period principle
(b) Accrual basis principle
(c) Monetary unity principle
(d) Dual aspect principle
x. Sales and expenses are taken account of in the accounting period in which they  occur whether or not cash was received or paid out.
(a) Accrual principle
(b) Dual aspect principle
(c) Historical cost principle
(d) Consistency principle.
2. Match   the   items   in   Column   A   with   the   responses   in   Column   B   by   writing   the   letter  of the correct responses below the corresponding item number in the table provided:


3.
SECTION B (40 Marks)
Answer  all  questions in this section.
4. Briefly describe the meaning of the following terms:
(i) Book keeping
____________________________________________________________________________________________ __________________________________________________
(ii) Transaction
____________________________________________________________________________________________ __________________________________________________
(iii) Business
____________________________________________________________________________________________ ________________________________________________
(iv) profit 
__________________________________________________________________   __________________________ ________________________________________________
(v) creditor
____________________________________________________________________________________________ ______________________________________________


5. Differentiate between the following terms
(i) cash transactions and credit transactions
………………………………………………………………………………………………………………………………………… ………………………………………………………………………………………………………………………………………… …………………………………………………………………………………….
(ii) single entry system and double entry system.
………………………………………………………………………………………………………………………………………… ………………………………………………………………………………………………………………………………………… …………………………………………………………………………………….
6. Mention procedures of accounting process/cycle.
(i) ……………………………………………………………………………………….
(ii) ………………………………………………………………………………………
(iii) ………………………………………………………………………………………...
(iv) ………………………………………………………………………………………..
(v) ………………………………………………………………………………………..
(vi) ………………………………………………………………………………………..
(vii) ………………………………………………………………………………………..
(viii) ……………………………………………………………………………………….
7. Briefly describe the relationship between book-keeping and other disciplines.
(i)……………………………………………………………………………………………
(ii)……………………………………………………………………………………………
(iii)……………………………………………………………………………………………
(iv)………………………………………………………………………………………………
(v)……………………………………………………………………………………………….
SECTION C (45 Marks)

Answer  all  questions in this section
8. From the following details identify  assets ,  liabilities  and  expenses : -
Salaries and wages, furniture, motor vehicles, creditors, advertising, debtors, transport  cost, repairs, land and building. cash in hand, cash at bank, delivery van, plant and  machinery, insurance, inventory


.
  9. complete the gaps in the following table.


10. You are required to help MR. JEBRA to prepare a statement of affairs as at  31 st February 2024 given the following list of his Assets and liabilities Items Tshs
Shaving machines……………………………………………….480,  000Furnitures…………………………………………………………620,000  Fittings…………………………………….……………………... 216,000
Consumables (soap, creams, towels) ……………………….115,000  Cash….…………………………………………...510,000  Capital…………………………………………………………….1, 105,000 
Account payable………………………………………836,000




FORM ONE BKEEPING EXAM SERIES 210  

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FORM ONE BKEEPING EXAM SERIES 210  

 

 

PRESIDENT OFFICE REGIONAL  ADMINISTRATION

AND LOCAL GOVERNMENT

SECONDARY EXAMINATION SERIES 

COMPETENCE BASED  ASSESSMENT

FORM ONE

MID TERM EXAMS-AUG– 2023

062     BOOK-KEEPING

Time: 2:00 Hours                             August, 2023

Instructions

  1.                This paper consists of sections A, B and C with a total of nine (9) questions.
  2.                Answer all questions.
  3.                Sections carries fifteen (15) marks and B carries forty (40) marks and Section C carries forty-five (45) marks.
  4.                All writings must be in blue or black ink.
  5.                All answers A must be written in the spaces provided.
  6.                Programmable calculators, cellular phones and any unauthorized materials are not allowed in examination room.

 

 

 

 

 

 

 

SECTION A (15 Marks)

Answer all questions in this section.

  1.                For each of the items (i) – (x), choose the correct answer from among the given alternatives and write its letter in the box provided:
  1.            Form one students were arguing on which primary and basic objective of preparing a trial balance is. Which of the following uses is the basic purpose of preparing a trial balance?
  1. A trial balance is used as a tool for preparing financial statements
  2. A trial balance is used to check arithmetical accuracy of double entry
  3. A trial balance is used to present a list of balances at one place
  4. A trial balance is used to determine profit or loss of a business
  1.             On 20th July, 2023, Nathan, a sole trader purchased a machinery for cash paying TZS 3,500,000/=. What would be a double entry for this transaction?
  1.               Debit: Cash account, Credit: Machinery account
  2.               Debit: Purchases account, Credit: Machinery
  3.               Debit: Machinery account, Credit: Purchases account
  4.              Debit: Machinery account, Credit: Cash account
  1.           The debit side of the cash account is used to:
  1.               Record amount received in the business
  2.               Record amount of capital
  3.               Record amount paid out of the business                  
  4.              Recording amount of goods sold on credit
  1.           What is meant by book keeping?
  1.               An art of recording business transactions
  2.               An art of recording cash transactions
  3.               An art of recording bank transactions    
  4.              An art of recording credit transactions
  1.             Which of the following is the objective of book keeping?
  1.               Bridge the gap between buyer and seller
  2.               Fair tax assessment
  3.               Paying tax to the government     
  4.              Creation of employment
  1.           Posting the transactions in book keeping means:
  1.               Making the first entry of double entry transaction
  2.               Entering items in cash book
  3.               Making the second entry of a double entry
  4.              Recording a transaction once
  1.         ______________ are the books under which the transactions are entered before being posted to their respective ledgers.


  1.               Accounts
  2.               Subsidiary books
  3.               Cash books
  4.              Ledger books


  1.       “A company does not include the value of skills gained by its employees from training programs in its financial records.” Which accounting concept is applied?
  1.               Dual aspect concept
  2.               Matching concept
  3.               Money measurement concept
  4.              Business entity concept
  1.           A subsidiary book that records transactions that owing to their nature are inadmissible to any other book of prime entry is:


  1.               General journal
  2.               Sales day book
  3.               Purchases journal
  4.              Cash book


  1.              _________ is a principle of book keeping which calls for “every business transaction must be recorded twice:


  1.               Journalizing
  2.               Double entry
  3.               Posting
  4.              Trial balance
  1.                Match the items in Column A with the responses in Column B by writing the letter of the correct responses below the corresponding item number in the table provided:

Column A

Column B
  1.               The resources which are owned by the business for generating income
  2.             A book of prime entry used for recording all goods bought on credit.
  3.           The book where receipts and payments are recorded.
  4.           A book of prime entry used to record all goods sold on credit
  5.             A person who owes money to a business for goods or services supplied to him

 
  1.               Purchases journal
  2.               Sales journal
  3.               Ledger
  4.              Cash book
  5.                Expenses
  6.                Debtor
  7.              Journal proper
  8.              Assets
  9.                  Creditor
  10.                 Capital
  11.               Sales ledger

 

 

SECTION B (40 Marks)

Answer all questions in this section.

  1.                Complete the following table by identifying the account to be credited and debited as well:

 

S/N

Transactions

Account to be debited

Account to be credited

i

Cash paid to Rahima

 

 

ii

A payment of rent by cash

 

 

iii

Sales of goods to Mtumzima

 

 

iv

Cash received from Julius

 

 

v

Purchased goods for cash 

 

 


  1.                Use the knowledge of accounting equation to fill in the gap in the following table

S/N

ASSETS

CAPITAL

LIABILITIES

i

TZS 3,500,000

TZS 1,700,000

TZS   __________

ii

TZS   ___________

TZS 8,000,000

TZS 4,100,000

iii

TZS 4,900,000

TZS  _________

TZS 2,100,500

iv

TZS25,600,000

TZS 17,900,000

TZS    __________

v

TZS   ____________

TZS 15,500,000

TZS 3,400,000
  1.                Briefly describe the meaning of the following terms as used in book keeping


  1.             Trial balance

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

  1.            Book keeping

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

  1.              Credit transaction

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

  1.            Sales day book

________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

  1.             Capital

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

  1.                Complete the table below by indicating whether the accounts are Nominal account, Real account or Personal account:

 

S/N

Name of accounts

Classification

i

Building account

 

ii

Advertising account

 

iii

Noreen account

 

iv

Furniture account

 

v

Mtumzima enterprises account

 

vi

Capital account

 

vii

Motor car account

 

viii

Sales account

 

ix

Salaries and wages account

 

x

Abdul-Karim account

 

 

 

 

SECTION C (45 Marks)

Answer all questions in this section.

  1.                MTUMZIMA, a wholesaler, made the following credit purchases during the month of April 2023:

April 1. Bought goods on credit from Matheo Store:

 10 Dozen of vitenge at TZS 80,000 a dozen

 25 Dozen of khanga at TZS 100,000 dozen

April 5. Credit purchases from Joshua Suppliers:

 12 Pairs of shoes at TZS 20,000 a pair.

 20 Pairs of boots at TZS 30,000 a pair

April 12. Credit purchases from Emelda Shop:

 70 Dozens of exercise books at TZS 30,000 a dozen

 10 Reams of papers at TZS 25,000 each.

April 22: Credit purchases from Nuzart Book store:

 20 Advanced leaner’s dictionaries at TZS 20,000 each.

 80 Fiction books at TZS 5,000 each.

Record above transactions in the Purchases journal for the month of April 2023.

_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

  1.                On 1st Jan 2023, Brayden started a business with Capital TZS. 200,000 in cash: 

       TZS

Jan 2: Bought gods for cash __________________________   25,000

Jan 3: Sold goods for cash ____________________________ 60,000

Jan 5: Purchased goods for cash _________________________20,000

Jan 8: Bought furniture for cash _________________________ 50,000

Jan 10: Paid advertising charges __________________________ 8,000

Jan 15: Sold goods for cash ______________________________ 72,000

Required:

Enter above transactions into a Cash Account, balance it and bring down the balance and complete a double entry

 

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________From the following list of balances of Mtumzima Traders, prepare a trial balance as at 31st March, 2023.

 

TZS

Capital 

70,000

Stock at 1.4.2022

25,000

Purchases

55,000

Sales

80,000

Insurance

2,500

Sundry Debtors

12,000

Creditors

26,100

Rent

12,000

Wages and Salaries

18,000

Motor car

15,000

Furniture

10,000

Insurance

10,500

Commission received

4,500

Cash at Bank

20,600

 

 

 

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

Page 1 of 12

 

FORM ONE BKEEPING EXAM SERIES 146  

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FORM ONE BKEEPING EXAM SERIES 146  

PRESIDENT OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

BOOK - KEEPING - FORM ONE MID TERM TEST MARCH - 2023

TIME: 2:30HRS

INSTRUCTIONS

  1. This paper consists of sections A,B and C.
  2. Answer all questions.
  3.  All writing must be in blue or black ink.
  4. Write your examination number (name) at the top wrote corner of every page.

SECTION A ( 20 MARKS)

1. For each of the items (i) – (x) choose the correct answer and write its letter in the box provided.

(i) The cash or goods taken out of the business for private uses are known as;

  1. Profit
  2. Loss
  3. Drawings
  4. Balance

(ii) Which of the following is the best definition of a trial balance?

  1. It shows the financial position of the business
  2. It is a list of balances on the book
  3. It shows all the entries in the books
  4. It is a especial account

(iii) A document issued to the customer whenever a customer returns goods to the supplier is

  1. An invoice
  2. A pro – forma invoice
  3. A debit note
  4. credit note

(iv) Which of the following is not ma book of original entry?

  1. Returns inwards journal
  2. Purchases journal
  3. Sales ledger
  4. Cash book

(v) The correct heading for a trial balance is; 

  1. Trial balanced as at . . . . .
  2. Trial balance of . . . ...
  3. Trail balance for the period ended . .
  4. Trial balance of . . ... for the period ended . ...

(vi) Which of the following should not be called “purchases”?

  1. Items bought for prime purpose of resale
  2. Goods bought on credit
  3. Office stationary
  4. Goods bought for cash

(vii) Which of the following has a credit balance in the ledger?

  1. Carriage inwards
  2. Carriage outwards
  3. Returns inwards
  4. Returns outwards

(viii) Capital and drawings accounts are classified as; 

  1. Personal accounts
  2. Nominal account
  3. Real accounts
  4. Proprietors accounts

(ix) The total of purchases Journal is entered on the

  1. Debit side of the purchases Journal
  2. Credit side of the bought Journal
  3. Debit side of the purchases account
  4. Debit side of the purchases returns account

(x) One of the following reasons allows the goods to be returned to the supplier.

  1. Expired goods
  2. Durable goods
  3. Consumable goods
  4. Perishable goods

2. Choose the correct term from group A which matches with the explanation in Group B and then write it against the number of the relevant explanation.

GROUP A

GROUP B

(i) . . . . . . . . are unsold goods at any given date

(ii) . . is a book of original entry for sales returns.

(iii) . ... these are goods returned by customers

(iv) . . . . refers to goods bought for resale 

(v) . . . ... means goods sold by a business previously bought for resale

vi) Goods, returned to suppliers refers to . . ...

vii) . . . . .Unsold goods at the beginning of the accounting period.

(viii) . .refers to a book of original entry for purchases returns.

(ix) It is a book of prime entry for credit sales ...

(x) . . . . Is a book of original entry for credit purchases.
  1. Purchases
  2. Sales
  3. Purchases returns
  4. Sales returns
  5. Inventory
  6. Inventory of close 
  7. Inventory of start 
  8. Purchases journal 
  9. Sales journal
  10. Return outward journal
  11. Journal proper
  12. Returns inwards journal

3. Mention any five accounting concepts

SECTION B (20MARKS)

4. Complete the following table and show which accounts are t be debited and which are to be credited.

Transactions

Accounts to be

debited

Accounts to be credited

i) Cash sales

ii) Credit sales

iii) Sold goods for cash 

iv) Cash drawings

v) Bought office furniture for cash

SECTION C (60 MARKS)

5. From the following accounts balances prepare E.EMA’S Trial balance as at 31 December 2017.


 T.Sh

Buildings

14000

Accounts receivable

26000

Returns outwards

10,000

Sales returns

910

wages

10090

6. SOMA UFAULU and Co. stared business on 1st February 2018 with capital in cash sh 150,000

Other transactions were (Tsh)

Feb 1
 Bought goods for cash
 20,000
2 Credit purchases from katumba
 70,000
4 Cash sales
 30,000
5 Bought more goods for cash
 50,000
6 Sold goods on credit to S. Mtoto
 50,000
9 Paid wages
 10,000

Required to prepare a cash account, balance it and bring down the balance.

N.B: Other accounts not required.

FORM ONE BKEEPING EXAM SERIES 121  

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FORM ONE BKEEPING EXAM SERIES 121  

THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

COMPETENCY BASED SECONDARY EXAMINATION SERIES

FORM THREE EXAMINATION

062    BOOK-KEEPING FORM ONE

Time: 2:00 Hours 2022

Instructions

  1. This paper consists of Section A, B and C with a total of seven (07) questions.
  2. Answer ALL questions.
  3. All writing must be in blue or black ink except all drawings which must be in pencil.
  4. All answers must be written in the spaces provided.
  5. All unauthorized materials are not allowed in the examination room.

SECTION A (15 Marks)

Answer all questions in this section.

  1. For each of the items (i) – (x), choose the correct answer from among the given alternatives and write its letter in the box provided:
  1. Goods returned to a business of TZS 40,000/= by Reginald are recorded in:
  1. Purchases journal   
  2. Purchases return journal
  3. Sales journal 
  4. Sales returns journal
  1. Anna and Nathan were arguing on the primary and basic objectives of recording and keeping accurate financial information of daily business transactions in the books of accounts. Which one of the following is the objective of book-keeping in a business?
  1. Bridge the gap between buyer and seller
  2. Fair tax assessment.       
  3. Paying tax to the government
  4. Creation of employment
  1. The debit side of a cash book is used to_________


  1. Record amount cash received in the business
  2. Record amount of capital       
  3. Record amount of cash paid out of the business                                             
  4. Recording amount of goods sold or bought on credit
  1. The act of recording transactions in any subsidiary books is called ________


  1. Posting
  2. Book keeping    
  3. Accounting 
  4.  Journalizing


  1. The column in the account which is used to record pages of reference in the books of accounts is called:


  1. Details   
  2.  Amount   
  3.  Folio
  4. Particulars


  1. Susan bought goods costing TZS 200,000 on credit from Luis Suppliers. Therefore, Susan is a:


  1. Supplier 
  2.  Creditor   
  3.  Debtor  
  4. Seller


  1.    A systematic recording of business transactions is called __________


  1. Book keeping      
  2. Double entry


  3. Record keeping             
  4.  Posting



  1. The column where the description of a transaction is recorded in the books of accounts is called:


  1. Details   
  2. Amount   


  3. Folio                           
  4. Particulars


  1. Franklin wants to start up a business dealing with Clothing Wholesale Store, but he does not have enough capital to commence his business. The following can be used as the sources of capital for his business Except:
  1. Money borrowed from bank
  2. Money saved for business start up
  3. Money saved for building a private house
  4. Cash received from sale of a private car
  1. If the Assets of the business amounted to TZS 85,000/= and Capital is TZS 60,000/= How much is the amount of Liabilities of the business?


  1. TZS 45,000/=
  2. TZS 145,000/=  
  3. TZS 25,000/=                                                                            
  4. TZS 85,000/=


  1. Match the items in Column A with the responses in Column B by writing the letter of the correct response below the corresponding item number in the table provided.

COLUMN A

COLUMN B
  1. A book of original entry used to record amount of goods returned by credit customers after being unsatisfactory
  2. A book of prime entry used for recording all goods bought on credit.
  3.         A document issued when goods are bought or sold on credit
  4. A book of prime entry used to record all goods sold on credit
  5. Book of original entry used to record prompt receipts and payments
  1. Sales day book
  2. Invoice
  3. Sales returns journal
  4. Purchases day book
  5. Ledger
  6. Cash book
  7. Purchases returns journal
  8. Debit note

Column A

i

ii

iii

iv

v

Column B




SECTION B (40 Marks)

Answer all questions in this section.

  1. Gailynn is an international businessperson who imports goods from various nations, last week she received two boxes of Electronic equipments from China. Upon serious investigation, she decided to return some of the equipments back to her supplier.

In five (05) outline the reasons for this to happen.

  1.          ______________________________________________________________________
  2.        ______________________________________________________________________
  3.      ______________________________________________________________________
  4.      ______________________________________________________________________
  5.        ______________________________________________________________________
  1.                                                                                                                                                                                       Mtumzima is a sole trader, owning a clothing wholesale store in Arusha. He is not knowledgeable of the source documents required to obtain the information which are used in preparation of the books of prime entry. Name five documents used as evidence of transactions in businesses.
  1.          ______________________________________________________________________
  2.        ______________________________________________________________________
  3.      ______________________________________________________________________
  4.      ______________________________________________________________________
  5.        ______________________________________________________________________
  1.                       Accounting conceptsare the fundamental rules, ideas and assumptions needed in accounting and book keeping. They are fundamental rules that must be followed while recording transactions in the books of accounts. A clear disclosure must be made in the financial records if these rules are not followed. List down five (05) accounting concepts used in book keeping.
  1.          ______________________________________________________________________
  2.        ______________________________________________________________________
  3.      ______________________________________________________________________
  4.      ______________________________________________________________________
  5.        ______________________________________________________________________
  1. Use the fundamental accounting equation to complete the table below:

SECTION C (45 Marks)

Answer all questions in this section.

  1. Gladness Suppliersmade the following credit sales during the month of March 2022.

March11: Sold to Diana Shop:

4 cartons of mango juice TZS 5,000/= each

6 cartons of apple juice TZS 4,000/= each

 5 cartons of guava juice TZS 6,000/= each

March 22: Sold to Anneth traders:

10 pairs of socks TZS 3,000/= each

 5 pairs of sandals TZS 10,000/= each

March 27: Sold to Felix Shop:

6 bags of wheat flour TZS 10,000/= each.

4 buckets of cooking oil TZS 20,000/= each

Required:

Record above transactions into a Sales day book and post to the respective ledgers.

  1.                Rachel traders made the following transactions during the month of April 2022:

2022

1st April:          Returns from Merry stores:

                        6 bags of salt @ 5,000, under weight

                        20 bags of sugar @ 7,500, expiry

    10th April:       Credit note from Nelson Suppliers:

                        5 boxes of cooking fats @ 17,000, Not suitable for consumption

                        10 pairs of sandals @ 65,000; wrong size

     16th April:       Sales returns from Dyness shop:

                        20 pairs of bed sheets @ 30,000, wrong colour

  1. T-Shirts @ 5,000; not up to sample ordered

Enter above transactions in the Sales returns day book.


  1. Princess, a wholesaler, made the following credit purchases during the month of April 2022:

April 1. Bought goods on credit from David Store:

 10 Dozen of vitenge at TZS 8,000 a dozen

 25 Dozen of khanga at TZS 10,000 dozen

April 5. Credit purchases from Joshua Suppliers:

 12 Pairs of shoes at TZS 2,000 a pair.

 20 Pairs of boots at TZS 3,000 a pair

April 12. Credit purchases from Dainess Shop:

 70 Dozens of exercise books at TZS 3,000 a dozen

 10 Reams of papers at TZS 15,000 each.

April 22: Credit purchases from Star Book store:

 20 Advanced leaner’s dictionaries at TZS 2,500 each.

 80 Fiction books at TZS 500 each.

Record above transactions in the Purchases journal for the month of April 2022.

Page 1 of 8

FORM ONE BKEEPING EXAM SERIES 107  

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FORM ONE BKEEPING EXAM SERIES 107  

THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

BOOK - KEEPING - FORM  ONE MID TERM TEST APRIL - 2022

TIME: 2:30HRS

INSTRUCTIONS

1.   This paper consists of sections A,B and C.

2.   Answer all questions.

3.   All writing must be in blue or black ink.

4.   Write your examination number (name) at the top wrote corner of every page.

SECTION A (20MARKS)

1. For each of the items (i) – (x) choose the correct answer and write its letter in the box provided.

 i)The cash or goods taken out of the business for private uses are known as;

  1.  Profit
  2. Loss
  3. Drawings
  4. Balance

 ii) Which of the following is the best definition of a trial balance?

  1. It shows the financial position of the business
  2. It is a list of balances on the book
  3. It shows all the entries in the books
  4. It is a especial account

 iii) A document issued to the customer whenever a customer returns goods to the supplier is

  1.  An invoice
  2. A pro – forma invoice
  3. A debit note
  4. A credit note

iv)Which of the following is not ma book of original entry?

  1. Returns inwards journal
  2. Purchases journal
  3. Sales ledger
  4. Cash book

v) The correct heading for a trial balance is; 

  1. Trial balanced as at ……………
  2. Trial balance of …………..
  3. Trail balance for the period ended……
  4. Trial balance of ……….. for the period ended …….. 

vi) Which of the following should not be called “purchases”?

  1. Items bought for prime purpose of resale
  2. Goods bought on credit
  3. Office stationary
  4. Goods bought for cash

vii) Which of the following has a credit balance in the ledger?

  1. Carriage inwards
  2. Carriage outwards
  3. Returns inwards
  4. Returns outwards

viii) Capital and drawings accounts are classified as; 

  1. Personal accounts
  2. Nominal account
  3. Real accounts
  4. Proprietors accounts

ix)The total of purchases Journal is entered on the

  1. Debit side of the purchases Journal
  2. Credit side of the bought Journal
  3. Debit  side of the purchases account
  4. Debit side of the purchases returns account

x) One of the following reasons allows the goods to be returned to the supplier.

  1. Expired goods
  2. Durable goods
  3. Consumable goods
  4. Perishable goods

 2. Choose the correct term from group A which matches with the explanation in Group B and then write it against the number of the relevant explanation.

GROUP A

 GROUP B

A.  Purchases

B.  Sales

C.  Purchases returns

D.  Sales returns

E.  Inventory

F.  Inventory of close G.  Inventory of start H.  Purchases journal I.   Sales journal

J.   Return outward journal

K.  Journal proper

L.  Returns inwards journal

i)…………………… are unsold goods at any given date

ii) …… is a book of original entry for sales returns. 

iii)…….. these are goods returned by customers

iv)………… refers to goods bought for resale 

v) ………….. means goods sold by a business previously bought for resale

vi) Goods, returned to suppliers refers to ……….. 

vii)       ……………Unsold goods at the beginning of the accounting period.

viii)     ……refers to a book of original entry for purchases returns.

ix) It is a book of prime entry for credit sales…..

(x)………. Is a book of original entry for credit purchases.

 SECTION B (20MARKS)

 3. Mention any five accounting concepts

4. Complete the following table and show which accounts are t be debited and which are to be credited.

Transactions

Accounts to be debited

Accounts to be credited

i) Cash sales

ii) Credit sales

iii) Sold goods for cash 

iv) Cash drawings

v)Bought office furniture for cash

 

 

SECTION C (60 MARKS)

 5. From the following accounts balances prepare E.EMA’S Trial balance as at 31 December 2017.

Motor vehicles

28000

Capital

63000

Purchases

7000

Cash in hand

6000

Sunday creditors

19000

Buildings

14000

Accounts receivable

26000

Returns outwards

10,000

Sales returns

910

wages

10090

 6. Wema and co. stared business on 1st February 2018 with capital in cash sh 150,000. Other transactions were                                                                               


  Tsh 

Feb   1 Bought goods for cash

20000
2 Credit purchases from katumba
 70000

4 Cash sales

5 Bought more goods for cash

30000

50,000

6 Sold goods on credit to S. Mtoto

9 Paid wages

50,000

10,000

Required to prepare a cash account, balance it and bring down the balance.

N.B: Other accounts not required.


FORM ONE BKEEPING EXAM SERIES 87  

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FORM ONE BKEEPING EXAM SERIES 87  

THE MINISTRY OF EDUCATION AND LOCAL GOVERNMENT

FORM ONE MID TERM EXAMINATION- MARCH 2020

062        BOOK KEEPING

 

Duration: 2:30 Hours

 

INSTRUCTIONS.

 

  1. This paper consists of sections A, B and C with a total of seven (7) questions.
  2. Answer all questions.
  3. All writing must be in blue or black ink except drawing which must be in pencil.
  4. Calculators, cellular phones and any unauthorized materials are not allowed in the examination room.
  5. Write your Examination Number at the top right corner of every page.

 

SECTION A (20 Marks)

Answer all questions in this section.

1. Choose the most correct answer.

(i)              Which of the following is not a reason why we study book – keeping?

  1.           To balance income statement
  2.            To determine profit.
  3.            For business control
  4.           For fair tax assessment.

 (ii) A person to whom money is owned for goods and service is called?

  1.           Debtor
  2.            Investor
  3.            Creditor
  4.           Proprietor.

 (iii) Identify a non current asset below.

  1.           Motor van
  2.            Bank balance
  3.            Premises
  4.           Land

 (iv) Credit transaction are:

  1.           Entries recorded on credit side of an account.
  2.            Creditors transactions
  3.            Transaction made for future payments.
  4.           Transaction for credit note.

 (v) Which statement below is not correct?

  1.           Asset – Capital = Liabilities
  2.            Liabilities + Assets = Capital
  3.            Assets – Liabilities = Capital
  4.           Liabilities + Capital = Assets.

 (vi) Identify a liability below.

  1.           Office furniture
  2.            Creditor
  3.            Debtors
  4.           Cash and bank.

 

(vii) A business transaction is:

  1.           Information related to buying and selling of goods and service.
  2.            Art of keeping books of account.
  3.            The movement of money or money worth from one person to another.
  4.           None of the above.

 

(viii) An art of recording financial business transaction in a set of books and in terms of money or money worth is known as?

  1.           Closing entries
  2.            List of Assets and Liabilities
  3.            Book - keeping
  4.           Classification of Business transaction.

 

(ix) Accounting convention of prudence means.

  1.           Accounting information should give full and fair information
  2.            One method of accounting once chosen should be used consistently
  3.            Financial accounts are drawn on conservative basis.
  4.           Consider significant items only when preparing financial statement.

(x) In accounting, going concern means.

  1.           Business is assumed to continue its operations indefinitely
  2.            Accounting activities should be measurable in money terms.
  3.            Enter transactions in book of account at amount actually involved.
  4.           Treat business entity as separate from owner.

 

2. Match the items from list A with those in list B.

LIST A

LIST B

(i)                 Loans which are repaid back for a period exceeding one year.

(ii)               Principle book of account required to record transaction by double entry system.

(iii)            Transaction is entered into book of account at amounts actually involved.

(iv)             Accounting is concerned with activities capable of being measured in monetary terms.

(v)               Revenue and expenses are recorded when they occur and not when cash is received or paid out.

(vi)             Reports should disclose fully and fairly the information they support to represent.

(vii)           Only significant items should be considered when preparing financial statements.

(viii)        Financial account is drawn up rather on conservation basis.

(ix)             Recognition of all aspects of accounting principle.

(x)               Legal activity or activities undertaken by a person or a firm.
  1. Convention of fully disclosure.
  2. Convention of consistency
  3. Dual aspect concept
  4. Separate entity concept
  5. Cost concept
  6. Dual aspect concept
  7. Cost concept
  8. Separate entity
  9. Account
  10. Ledger
  11. Business
  12. Assets
  13. Liabilities
  14. Going concern.
  15. Money measurement concept.
  16. Materiality convention
  17. Convention of prudence.

3. (a) Define the following terms.

(i)     Accounting

(ii)  Book – keeping

(iii) Capital

   (b) Explain four objectives of book – keeping 

4. (a) Differentiate assets from liability.

    (b) Mention and explain two types of Transaction.

    (c) Mention advantages of business control.

 

5. Complete the table below 

 

Transactions

Account to be debited

Account to be credited

a)                  Received cash from Debtors

 

 

b)                  Paid creditors by cheque

 

 

c)                  Bought office machinery on credit

 

 

 

d)                  Paid Jonas by cheque

 

 

e)                  Putting additional capital by cheque

 

 

 

6. Baba Songambele started a business on 1st Jan 2013 with capital worth Tshs. 500,000/= during the month of January 2013 the following transaction took place 

 

 January 3 purchased goods for cash 80,000/=

 January 4 Bought painting materials for cash 80,000/=

 January 5 Sold goods for cash 30,000/=

 January 6 bought goods for cash 80,000/=

 January 8 purchased goods paid cash 10,000/=

 January 10 bought goods for cash 50,000/=

 January 11 paid wages for cash 5,000/=

 

Required to: By using double entry principle records the above transactions in cash book and complete    the double in respective ledger accounts.

7. The following information was obtained from the books of Kijana on Feb 2015.

 February 1 Kijana started business with cash in hand 200,000/=

 February 2 Purchases building for cash 15,000/=

 February 3 bought goods for cash 12,000/=

 February 4 bought machine for cash 5,000/=

 February 7 paid rent for cash 10,000/=

 February 8 received cash from Debtors 20,000/=

 February 10 paid creditors by cheque 15,000/=

 February 18 bought postage stamp for cash 40,000/=

 February 21 cash sales 1,700,000/=

 February 22 bought goods for cash 1,200,000/=

 

Required to record the above transaction using double entry principle, balance off the accounts and bring down the balances. 

 

FORM ONE BKEEPING EXAM SERIES 5  

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FORM ONE BKEEPING EXAM SERIES 5  

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