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 Merged 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) 0452/12 $7.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. ACCOUNTING 0452
  4.  
  5. ACCOUNTING 0452

Exam (elaborations)

ACCOUNTING Paper 1 Multiple Choice with Merged 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) 0452/12
 0 purchase
  • Course
  • ACCOUNTING 0452
  • Institution
  • ACCOUNTING 0452

1 What is prepared by a book-keeper? 2 A appropriation account B cash book C income statement D statement of financial position 2 Which item is an asset? A an amount owing by credit customers B an amount owing to credit suppliers C interest accrued on bank loan D rent received i...

[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 merged ma

Written for

  • ACCOUNTING 0452
  • ACCOUNTING 0452

Seller

avatar-seller
BestScores01

Reviews received

Content preview

Cambridge IGCSE™

ACCOUNTING Paper 1 Multiple Choice with Merged Marking Scheme 0452/12
February/March 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 03_0452_12/4RP
© UCLES 2022 [Turn over

, 2

1 What is prepared by a book-keeper?

A appropriation account
B cash book
C income statement
D statement of financial position


2 Which item is an asset?

A an amount owing by credit customers
B an amount owing to credit suppliers
C interest accrued on bank loan
D rent received in advance from tenant


3 Fatima required additional finance for her business and borrowed funds from Ali. This was
deposited into the business bank account.

How should Fatima record this?

account to be debited account to be credited

A bank Ali (loan)
B bank Ali (trade payable)
C Ali (loan) bank
D Ali (trade payable) bank


4 On 1 March, a business owed its suppliers $9500. During March, the following transactions took
place.

$

goods purchased on credit 10 000
goods returned to suppliers 200
cheques paid to suppliers 8 900
cash discounts received 100

How much did the business owe its suppliers on 31 March?

A $800 B $1000 C $10 300 D $10 500




© UCLES 2022 0452/12/F/M/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)

67479 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

Recently viewed by you

Exam (elaborations) ·

(0)

CVS Pharmacy Technician Drug List 2023/2024 exam with complete solutions
$7.99
  • (0)
Add to cart
Added