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ACCOUNTING Paper 2 Structured Written Paper with Merged Marking Scheme 0452/22

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  • ACCOUNTING 0452
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  • ACCOUNTING 0452

1 Shilpa is a trader. The following transactions took place in January 2021. January 2 Paid rent, $450, by direct debit 3 Bought goods on credit from Dilip, list price $120, subject to a trade discount of 25% 6 Sold goods on credit to Kabir, list price $200, subject to a trade discount...

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  • October 19, 2024
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  • 2024/2025
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  • accounting paper 2 structured written paper with m

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  • ACCOUNTING 0452
  • ACCOUNTING 0452

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Cambridge IGCSE




ACCOUNTING Paper 2 Structured Written Paper with Merged Marking Scheme 0452/22
February/March 2024

hour 45 minutes

You must answer on the question paper.

No additional materials are needed.

INSTRUCTIONS
● Answer all questions.
● Use a black or dark blue pen. You may use an HB pencil for any diagrams or graphs.
● Write your name, centre number and candidate number in the boxes at the top of the page.
● Write your answer to each question in the space provided.
● Do not use an erasable pen or correction fluid.
● Do not write on any bar codes.
● You may use a calculator.
● International accounting terms and formats should be used as appropriate.
● You should show your workings.


INFORMATION
● The total mark for this paper is 100.
● The number of marks for each question or part question is shown in brackets [ ].
● Where you are asked to complete a layout, you may not need all the lines for your answer.




This document has 20 pages. Any blank pages are indicated.


DC (PQ) 200799/4
© UCLES 2021 [Turn over

, 2

1 Shilpa is a trader. The following transactions took place in January 2021.

January 2 Paid rent, $450, by direct debit

3 Bought goods on credit from Dilip, list price $120, subject to a trade discount of
25%

6 Sold goods on credit to Kabir, list price $200, subject to a trade discount of 20%

9 Sold surplus office fittings for $110 which was paid by credit transfer

10 Returned goods to Dilip, list price $20. These goods had been purchased on
3 January

11 Paid $50 to Dilip in cash

15 Cash sales, $85, were immediately paid into the bank

17 Paid office expenses, $30, by credit transfer

20 Sold goods on credit to Pari, $150

21 Kabir paid by cheque for the goods he purchased on 6 January, after deducting
cash discount of 7½%

24 Pari paid $141, by cheque, in full settlement of the purchases made on 20 January

26 Sold goods on credit to Yash, $62, offering him a discount of 5% if he paid within
21 days

REQUIRED

(a) Prepare Shilpa’s sales journal for January 2021.
Total the journal and indicate the ledger account to which the total would be posted.

Shilpa
Sales journal
Date Details $ $

................... .......................................................................... ................... ...................

................... .......................................................................... ................... ...................

................... .......................................................................... ................... ...................

................... .......................................................................... ................... ...................

................... .......................................................................... ................... ...................

................... .......................................................................... ................... ...................

[4]

(b) Complete Shilpa’s cash book on the page opposite.
Balance the cash book and bring down the balances on 1 February 2021.
© UCLES 2021 0452/22/F/M/21

,© UCLES 2021

Shilpa
Cash Book
Date Details Discount Cash Bank Date Details Discount Cash Bank
allowed received
2021 $ $ $ 2021 $ $ $

Jan 1 Balance b/d ................ 200 814 ........... ....................................... ................ ................ ................

........... ....................................... ................ ................ ................ ........... ....................................... ................ ................ ................

........... ....................................... ................ ................ ................ ........... ....................................... ................ ................ ................

........... ....................................... ................ ................ ................ ........... ....................................... ................ ................ ................

........... ....................................... ................ ................ ................ ........... ....................................... ................ ................ ................

........... ....................................... ................ ................ ................ ........... ....................................... ................ ................ ................
0452/22/F/M/21




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3
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[11]
[Turn over

, 4

(c) Prepare the ledger account of Dilip for January 2021. Balance the account and bring down
the balance on 1 February 2021.
There was no balance on Dilip’s account on 1 January 2021.

Shilpa
Dilip account
Date Details $ Date Details $

……….. ………......................... ………... ……….. ………......................... ………..

……….. ………......................... ………... ……….. ………......................... ………..

……….. ………......................... ………... ……….. ………......................... ………..

……….. ………......................... ………... ……….. ………......................... ………..

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……….. ………......................... ………... ……….. ………......................... ………..

……….. ………......................... ………... ……….. ………......................... ………..

[4]

(d) Complete the table by placing a tick (✓) to indicate which document Dilip would send to
Shilpa for the return of goods on 10 January.

Debit note

Credit note
[1]

[Total: 20]




© UCLES 2021 0452/22/F/M/21

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