Beaconhouse School System Gujrat

MID TERM 2018 REMARKS

Class: 11-C Section: BLUE & GREEN

Subject: PRINCIPLES OF ACCOUNTS 7110 (Mohsen Shafiq)

S.
Student Name Remarks
No

You have basic accounting knowledge including understanding

debits and credits, journal entries, general ledger and ability to work
for group assignments, but lack of some basic, analytical skills to
prepare and interpret financial statements and reconcile cash book
ALI transactions with bank statement should be revised through regular
1
WARRAICH practice of topics trail balance, sales, purchase and returns ledgers,
income statement, Statement of financial position, bank reconciliation
statement and control accounts from text book “Business Accounting
01” by Frankwood 13th Edition.

Your knowledge about recording and journalizing the business

transactions is satisfactory but reconciliation and analyzing these
ABDULLAH transactions requires more practice through revision of topics income
2
TAHIR statement, Statement of financial position and control accounts from
text book “Business Accounting 01” by Frankwood 13th Edition.

You are self-inspired individual with great charge of fundamental

bookkeeping information to record, arrange, condense and examine
business exchanges however need to additionally enhance your
systematic and deciphering abilities through more routine practice of
SHAMEER
3 Depreciation and Disposal of Non-current Assets, Rectification of
FAISAL
Errors and control accounts from course reading text book
“Accounting for IGCSE and O Level by Catherine Cocum, 2017
Edition” and Business Accounts 01 by Frankwood 13th Edition.

You are an extremely able and enthusiastic member of the class who
could perform to a high standard. You have a good understanding of
accounting concepts and try to make the best use of your analytical
skills. However, your level of achievement may be further improved if
you are more routine practice of reading theory from books including
BASIT “Accounting for IGCSE and O Level by Catherine Cocum, 2017
4
QAYYUM Edition” and Business Accounts 01 by Frankwood 13th Edition.
These resources will clear your understanding about advanced
concepts including depreciation and disposals of non-current assets,
financial statements of partnership and company business,
rectification of errors etc.
 You have an ability to think critically for accounting related problems
with your basic accounting knowledge for double entry system. But
lack of some basic skills of recording, classifying and analyzing the
business transactions to prepare and interpret financial statements
HAVVA should be revised through regular practice of topics including
5
FAISAL rectification of errors, accruals and prepayments, financial
statements of companies and non-profit making organization from
text books of both “Business Accounting 01” by Frankwood 13th
Edition, and “Accounting by Catherine Cocum, 2017 Edition”

You are self-motivated individual with good command of basic

accounting knowledge to record, classify, summarize and analyze
business transactions but need to further improve your analytical and
interpreting skills through more practice of topics Depreciation and
ISHA KHAN
6 Disposal of Non-current Assets, Rectification of Errors and control
CHAUDARY
accounts from text book “Accounting for IGCSE and O Level by
Catherine Cocum, 2017 Edition” and Business Accounts 01 by
Frankwood 13th Edition.

___________________________________________