Cambridge O Level Accounting

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Paper 7707/12 Multiple Choice Question Question Key Key Number Number 1 D 21 C 2 C 22 C 3 B 23 D 4 B 24 C 5 C 25 B 6 A 26 D 7 B 27 D 8 D 28 C 9 A 29 D 10 A 30 C 11 D 31 A 12 A 32 D 13 B 33 C 14 A 34 B 15 A 35 B 16 B 17 B 18 A 19 A 20 C Key messages Candidates must have a thorough knowledge and ...

● 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 work...

This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking began, which would have considered the acceptability of alternative answers. Mark schemes should be read in conjunction with the question paper and the Principal Examiner Report for Teachers. C...

1 Leo maintains a petty cash book using the imprest system. The imprest amount, which is $200, is restored on the first day of each month. All payments of less than $100 are made from petty cash. All cash receipts of less than $100 are paid into petty cash. On 1 April 2021 Leo had $48 in his petty cash box. Leo provided the following information for April 2021. April 1 Restored petty cash imprest from the business bank account 5 Paid for office cleaning, $21 7 Paid for ...

● 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 work...