Accounting 4AC1/01 November 2023 | Edexcel IGCSE Past Papers With Mark Scheme

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1. Accounting concepts, professional ethics, cash book entries, trial balance errors, source documents classification, trade discount calculation, credit note preparation

2. Supplier and customer account management, cash discount application, debit balance reasons, journal entries correction, profit impact analysis, suspense account usage

3. Trade receivables ledger control account preparation, provision for irrecoverable debts calculation, credit customer payment encouragement, income statement adjustments

4. Bank reconciliation statement preparation, updated cash book balancing, unpresented cheques, outstanding lodgements, standing order and direct debit characteristics

5. Depreciation provision necessity, motor vehicles cost and disposal accounts, reducing balance method, capital vs revenue expenditure classification, gross profit impact

6. Motor vehicle purchase accounting, capital expenditure justification, asset depreciation, disposal accounting, financial year-end adjustments, bookkeeping accuracy

Edexcel International GCSE Accounting (4AC1) Nov 2023

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Classification: Edexcel Paper 1

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Last update: 22 days ago

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Accounting 4AC1/01 November 2023 | Edexcel IGCSE Past Papers With Mark Scheme

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