100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ACCOUNTING Paper 1 Multiple Choice with Marking Scheme You must answer on the multiple choice answer sheet. You will need: Multiple choice answer sheet Soft clean eraser Soft pencil (type B or HB is recommended) 0985/12 $7.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. ACCOUNTING 0985 Paper 1
  4.  
  5. ACCOUNTING 0985 Paper 1

Exam (elaborations)

ACCOUNTING Paper 1 Multiple Choice with Marking Scheme You must answer on the multiple choice answer sheet. You will need: Multiple choice answer sheet Soft clean eraser Soft pencil (type B or HB is recommended) 0985/12

 0 purchase
  • Course
  • ACCOUNTING 0985 Paper 1
  • Institution
  • ACCOUNTING 0985 Paper 1

Which task would be carried out by a book-keeper? A comparison of financial statements between years B preparation of financial statements C provision of information for decision-making D recording financial transactions 2 The following ledger account appeared in the books of Leah, a trad...

[Show more]

Preview 2 out of 15  pages

Document information

  • October 19, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • accounting paper 1 multiple choice with marking sc

Written for

  • ACCOUNTING 0985 Paper 1
  • ACCOUNTING 0985 Paper 1

Seller

avatar-seller
BestScores01

Reviews received

Content preview

Cambridge IGCSE™(9–1)

ACCOUNTING Paper 1 Multiple Choice with Marking Scheme 0985/12
May/June 2024
1 hour 15 minutes

You must answer on the multiple choice answer sheet.

You will need: Multiple choice answer sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)

INSTRUCTIONS
• There are thirty-five questions on this paper. Answer all questions.
• For each question there are four possible answers A, B, C and D. Choose the one you consider correct
and record your choice in soft pencil on the multiple choice answer sheet.
• Follow the instructions on the multiple choice answer sheet.
• Write in soft pencil.
• Write your name, centre number and candidate number on the multiple choice answer sheet in the
spaces provided unless this has been done for you.
• Do not use correction fluid.
• Do not write on any bar codes.
• You may use a calculator.


INFORMATION
• The total mark for this paper is 35.
• Each correct answer will score one mark.
• Any rough working should be done on this question paper.




This document has 12 pages. Any blank pages are indicated.


IB22 06_0985_12/FP
© UCLES 2022 [Turn over

, 2

1 Which task would be carried out by a book-keeper?

A comparison of financial statements between years
B preparation of financial statements
C provision of information for decision-making
D recording financial transactions


2 The following ledger account appeared in the books of Leah, a trader.

Amraz account
$ $

April 26 purchases returns 150 April 1 balance b / d 2100
30 bank 1900 20 purchases 3000
discount 100
balance c / d 2950
5100 5100

Which statement is correct?

A Amraz allowed Leah $100 trade discount on 30 April.
B Amraz owed Leah $2100 on 1 April.
C Leah owed Amraz $2950 on 30 April.
D Leah’s net purchases from Amraz in April were $2900.


3 Sarah sold goods on credit to Zafar.

How was this recorded in Sarah’s ledgers?

general ledger sales ledger

A credit sales account debit Zafar account
B debit sales account credit Zafar account
C credit Zafar account debit sales account
D debit Zafar account credit sales account




© UCLES 2022 0985/12/M/J/22

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BestScores01. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$7.99
  • (0)
Add to cart
Added