IGCSE Accounting (0452) — October–November 2024, Paper 21

5 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.

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Question 1 · 20 marks

Jenny runs a small trading business. Jenny received her bank statement which showed a credit balance of $1367 on 29 February 2024. On the same date her bank column in her cash…

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Question 2 · 20 marks

Ali and Sai are in partnership. Their financial year ends on 30 June. Their partnership agreement includes the following items: interest on capital is allowed at 6% per annum;…

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Question 3 · 20 marks

Natalie prepared her trial balance at the end of the year 31 March 2024. The totals did not agree and she had to open a suspense account. The debit side of the trial balance was…

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Question 4 · 20 marks

A company owns a fleet of delivery vehicles. Information from their statement of financial position at 31 December 2022 shows that the vehicles originally cost $440 000 with…

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Question 5 · 20 marks

The following information was provided by G Limited, a manufacturing company, for the year ended 31 March 2024 ($): Purchases — Raw materials 68 000; Finished goods 32 413. Wages…

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