IGCSE Accounting (0985) — May–June 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 · Books of prime entry

Addo is a trader who only sells on credit. His trade receivables at 1 April 2024 were as follows: $ --- --- Nuru 920 Mahia 1145 Ava 1378 Rachel 215 3658 During April 2024, the…

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Question 2 · 20 marks · Correction of errors

Paul is a trader. He maintains a three-column cash book. Paul has prepared draft financial statements for the year ended 31 March 2024. Paul later discovered the following five…

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Question 3 · 20 marks · Company income statement

Zahra and Panya are the shareholders and directors of Q Limited. The company directors of Q Limited have provided the following trial balance. Q Limited — Trial Balance at 31…

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Question 4 · 20 marks · Other income / accruals and prepayments

Ahmed owns a trading business. He prepares his financial statements to 31 December each year. Ahmed had some unused office space and he decided to use some of this to store…

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Question 5 · 20 marks · Incomplete records

Stella started in business as a retailer on 1 April 2023. She sells one type of good only. She has not kept a full set of accounting records but has provided the following…

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