INTERNAL EXAMINATIONS

International General Certificate for Secondary Education

Class Assessment 10th Feb 2021 (IGCSE-I)

Candidate
Name

Centre Candidate
Number Number

Branch: ___________________________ Date: ______________________

Accounting 0452
Feb 2021
60min
Additional Material: Answer Sheet Total marks:25

READ THESE INSTRUCTIONS FIRST

Write your Centre number, candidate number and name on FOR EXAMINER’S USE
all the work you hand in. Max. Marks
Questions
Marks Obtained
Write in dark blue or black pen.
1 30
You may use an HB pencil for any diagrams or rough working.
Do not use staples, paper clips, highlighters and glue or
correction fluid.
Answer All the questions. Total
At the end of the examination, fasten all your work securely Percentage
together.
Grade
The number of marks are given in brackets [ ] at the end of
each question or part question.

This document consists of 3 printed pages

Question 1: A.Joel drew up the following Trial Balance as at 30th Sept 2021. You are to draft
the Financial Statements for the year ending 30th Sept 2021.
Details Debit ($) Credit ($)
st
Capital 1 Oct 2020 49,675
Drawings 28,600
Cash at bank 4,420
Cash in hand 112
Accounts receivable 38,100
Accounts Payable 26,300
Inventory: 30th September 2020 72,410
Van 5,650
Office Equipment 7,470
Sales 391,400
Purchases 254,810
Return Inwards 2,110
Carriage Inwards 760
Return Outwards 1,240
Carriage Outwards 2,850
Motor Expenses 1,490
Rent 8,200
Telephone Charges 680
Wages and Salaries 39,600
Insurance 745
Office Expenses 392
Sundry Expenses 216
468,615 468,615

Inventory at 30th Sept 2021 was $89,404.

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