1 Shilpa is a trader. The following transactions took place in January 2021. January 2 Paid rent, $450, by direct debit 3 Bought goods on credit from Dilip, list price $120, subject to a trade discount of 25% 6 Sold goods on credit to Kabir, list price $200, subject to a trade discount of 20% 9 Sold surplus office fittings for $110 which was paid by credit transfer 10 Returned goods to Dilip, list price $20. These goods had been purchased on 3 January 11 Paid $50 to Dilip in cash 15 Cash sales, $85, were immediately paid into the bank 17 Paid office expenses, $30, by credit transfer 20 Sold goods on credit to Pari, $150 21 Kabir paid by cheque for the goods he purchased on 6 January, after deducting cash discount of 7½% 24 Pari paid $141, by cheque, in full settlement of the purchases made on 20 January 26 Sold goods on credit to Yash, $62, offering him a discount of 5% if he paid within 21 days REQUIRED (a) Prepare Shilpa’s sales journal for January 2021. Total the journal and indicate the ledger account to which the total would be posted. Shilpa Sales journal Date … … … … … … Details … … … … … … $ … … … … … … $ … … … … … … [4] (b) Complete Shilpa’s cash book on the page opposite. Balance the cash book and bring down the balances on 1 February 2021. Shilpa Cash Book Date 2021 Jan 1 … … … … … … … … … … … Details Balance b/d … … … … … … … … … … … Discount allowed $ … … … … … … … … … … … … Cash $ 200 … … … … … … … … … … … Bank $ 814 … … … … … … … … … … … Date 2021 … … … … … … … … … … … … Details … … … … … … … … … … … … Discount received $ … … … … … … … … … … … … Cash $ … … … … … … … … … … … … Bank $ … … … … … … … … … … … … [11] (c) Prepare the ledger account of Dilip for January 2021. Balance the account and bring down the balance on 1 February 2021. There was no balance on Dilip’s account on 1 January 2021. Shilpa Dilip account Date ……….. ……….. ……….. ……….. ……….. ……….. ……….. Details ………… ………… ………… ………… ………… ………… ………… $ ………... ………... ………... ………... ………... ………... ………... Date ……….. ……….. ……….. ……….. ……….. ……….. ……….. Details ………… ………… ………… ………… ………… ………… ………… $ ……….. ……….. ……….. ……….. ……….. ……….. ……….. [4] (d) Complete the table by placing a tick (3) to indicate which document Dilip would send to Shilpa for the return of goods on 10 January. Debit note Credit note [1] [Total: 20]

1(a) Shilpa Sales journal Date Details $ 2021 Jan 6 20 26 31 Kabir (200 – 40) Pari Yash Transfer to sales account 160 (1) 150 (1) 62 (1) 372 (1) OF 4 1(b) Shilpa Cash Book 2021 Jan 1 9 15 21 24 Feb 1 Balance b/d Disposal of office fittings (1) Sales (1) Kabir (1) Pari (1) Balance b/d Disc. Alld $ 12 9 21 (1)OF Cash $ 200 ___ 200 150 (1)OF Bank $ 814 110 85 148 141 1298 818 (1)OF 2021 Jan 2 11 17 31 Rent (1) Dilip (1) Office expenses (1) Balance c/d Disc. Recd $ Cash $ 50 150 ___ 200 Bank $ 450 30 818 ____ 1298 + (1) dates 11 1(c) Shilpa Dilip account Date 2021 Jan 10 11 31 Details Purchases returns (1) (20–5) Cash (1) Balance c/d $ 15 50 25 90 Date 2021 Jan 3 Feb 1 Details Purchases (1) (120 – 30) Balance b/d (1)OF $ 90 90 25 4 1(d) Debit note Credit note (1) 1 To earn marks for the sales journal, you must correctly identify and list the credit sales transactions with their correct amounts, then total the journal and indicate it transfers to the sales account. For the cash book, you need to correctly record all cash and bank transactions, including discounts, and balance the accounts. For the Dilip account, you must correctly post the purchases returns and cash payment, and balance the account. Finally, for the document type, you need to correctly identify a credit note as the document used for returns inwards.

1 Rahat is a trader. The following transactions took place in March 2021. March 3 Cash sales, $580, were paid directly into Rahat’s business bank account 6 Paid insurance, $360, by direct debit 9 Paid $196 to GH Limited by telephone transfer, having deducted 2% cash discount from the amount due 13 Paid $75 cash for stationery 17 Cash sales, $140 27 Sold old office equipment to Burgess, who paid $50 by cheque in full settlement 30 Paid $340 to Colin by cheque in full settlement of a debt of $350 REQUIRED (a) Complete Rahat’s cash book on the page opposite. Balance the cash book and bring down the balances on 1 April 2021. Rahat Cash Book Date 2021 March 1 … … … … … … … … … … … … Details Balance b/d … … … … … … … … … … … … Discount allowed $ … … … … … … … … … … … … … Cash $ 150 … … … … … … … … … … … … Bank $ … … … … … … … … … … … … … Date 2021 March 1 … … … … … … … … … … … … Details Balance b/d … … … … … … … … … … … … Discount received $ … … … … … … … … … … … … … Cash $ … … … … … … … … … … … … … Bank $ 1980 … … … … … … … … … … … … [11] (b) Complete the following table by placing a tick (3) in the correct column to indicate whether each item would be used to update the cash book or would appear in the bank reconciliation statement. Update the cash book Bank reconciliation statement Cheque from Burgess dishonoured Cheque to Colin unpresented Overdraft interest Standing order paid for rates [4] Rahat is concerned about the level of her bank overdraft. She is considering applying for a bank loan. This would enable her to pay off her bank overdraft and to purchase new office furniture. REQUIRED (c) Advise Rahat whether she should apply for the bank loan. Justify your answer by providing two advantages and two disadvantages. … … … … … … … … … … … [5] [Total: 20] PLEASE TURN OVER

1(a) Rahat Cash Book Date 2021 Mar 1 3 17 27 31 Apr 1 Details Balance b/d Sales (1) Sales (1) Disposal (1) Balance c/d Balance b/d Disc. $ Cash $ 150 140 290 215 (1)OF Bank $ 580 50 2246 2876 Date 2021 Mar 1 6 9 13 30 31 Apr 1 Details Balance b/d Insurance (1) GH Limited (1) Stationery (1) Colin (1) Balance c/d Balance b/d Disc. $ 4 10 14 (1)OF Cash $ 75 215 290 Bank $ 1980 360 196 340 2876 2246 (1)OF +(1) dates 11 1(b) Updating cash book Bank reconciliation statement Cheque from Burgess dishonoured  (1) Cheque to Colin unpresented  (1) Overdraft interest  (1) Standing order paid for rates  (1) 4 1(c) Advantages Loan interest may be lower than overdraft interest (1) No interest on overdraft to pay (1) Have a longer time to repay a loan (1) May improve relationship with bank (1) Bank balance would be improved/liquidity would be improved (1) New office furniture should lead to a better working environment (1) Accept other valid points (Max 2) Disadvantages Loan will have to be repaid (1) Loan interest will have to be paid (1) Early repayment may not be allowed (1) The bank may require security (1) No income/profit is generated from the office furniture (1) Accept other valid points (Max 2) Recommendation (1) 5 To earn marks, you need to correctly identify and record the details and amounts for each transaction in the cash book, distinguishing between cash and bank columns. You also need to correctly calculate and bring down the balances for both cash and bank at the end of the period.

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 train ticket, $13 13 Paid $72 to Hunter, a trade payable 18 Paid taxi fare, $14 25 Received cash, $11, from Conrad, a trade receivable REQUIRED (a) Prepare Leo’s petty cash book for the month of April 2021, on page 3. Balance the petty cash book and bring down the balance on 1 May 2021. Leo Petty Cash Book Total received $ Date 2021 Details Total paid $ Travel $ Office expenses $ Ledger accounts $ … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … [10] (b) (i) Name the ledger to which each of the following would be posted. The total of the column for travel expenses … The payment to Hunter … [2] (ii) Name the accounting principle which is being applied when figures from the petty cash book are posted to the appropriate ledgers. … [1] Leo received a statement of account from Hunter. REQUIRED (c) State two purposes of issuing this statement to Leo. 1 … … 2 … … [2] Leo is considering making all payments over $50 to trade payables by credit transfer. REQUIRED (d) Advise Leo whether he should go ahead with this change. Justify your answer by providing two advantages and two disadvantages. … … … … … … … … … … [5] [Total: 20]

1(a) Leo Petty Cash Book Total received Date Details Total paid Travel Office expenses Ledger accounts $ 2021 $ $ $ $ 48 Apr 1 Balance b/d (1) 152 Bank (1) 5 Office cleaning (1) 21 21 7 Train ticket (1) 13 13 13 Hunter (1) 72 72 11 18 Taxi fare (1) 14 14 25 Conrad (1) 120 27 21 72 91 211 30 Balance c/d 211 91 May 1 Balance b/d (1)OF + (1) dates + (1) OF totalling analysis columns 10 1(b)(i) Travel – general ledger (1) Hunter – purchases ledger (1) 2 1(b)(ii) Duality (1) 1 1(c) To remind Leo to pay the balance (1) To allow Leo to check his records (1) To provide a summary of the transactions for the month/period (1) Accept other valid points Max (2) 2 1(d) Advantages Do not need to keep as much cash on the premises (1) Less risk of theft or fraud (1) Do not have to have face to face meeting to pay/save time (1) Or other relevant advantages Max (2) Disadvantages No source document immediately available (1) Still have to pay amounts below $50 by other methods (1) May be easier / more suitable to use cheques (1) May Increase bank charges (1) Or other relevant disadvantages Max (2) Recommendation (1) 5 To earn marks, you need to correctly record the opening balance, the bank imprest restoration, and each transaction in the correct 'Total received' or 'Total paid' column and the appropriate analysis column. You also need to correctly balance the account and bring down the balance for the next period, and ensure all dates are accurate.

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 train ticket, $13 13 Paid $72 to Hunter, a trade payable 18 Paid taxi fare, $14 25 Received cash, $11, from Conrad, a trade receivable REQUIRED (a) Prepare Leo’s petty cash book for the month of April 2021, on page 3. Balance the petty cash book and bring down the balance on 1 May 2021. Leo Petty Cash Book Total received $ Date 2021 Details Total paid $ Travel $ Office expenses $ Ledger accounts $ … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … [10] (b) (i) Name the ledger to which each of the following would be posted. The total of the column for travel expenses … The payment to Hunter … [2] (ii) Name the accounting principle which is being applied when figures from the petty cash book are posted to the appropriate ledgers. … [1] Leo received a statement of account from Hunter. REQUIRED (c) State two purposes of issuing this statement to Leo. 1 … … 2 … … [2] Leo is considering making all payments over $50 to trade payables by credit transfer. REQUIRED (d) Advise Leo whether he should go ahead with this change. Justify your answer by providing two advantages and two disadvantages. … … … … … … … … … … [5] [Total: 20]

1(a) Leo Petty Cash Book Total received Date Details Total paid Travel Office expenses Ledger accounts $ 2021 $ $ $ $ 48 Apr 1 Balance b/d (1) 152 Bank (1) 5 Office cleaning (1) 21 21 7 Train ticket (1) 13 13 13 Hunter (1) 72 72 11 18 Taxi fare (1) 14 14 25 Conrad (1) 120 27 21 72 91 211 30 Balance c/d 211 91 May 1 Balance b/d (1)OF + (1) dates + (1) OF totalling analysis columns 10 1(b)(i) Travel – general ledger (1) Hunter – purchases ledger (1) 2 1(b)(ii) Duality (1) 1 1(c) To remind Leo to pay the balance (1) To allow Leo to check his records (1) To provide a summary of the transactions for the month/period (1) Accept other valid points Max (2) 2 1(d) Advantages Do not need to keep as much cash on the premises (1) Less risk of theft or fraud (1) Do not have to have face to face meeting to pay/save time (1) Or other relevant advantages Max (2) Disadvantages No source document immediately available (1) Still have to pay amounts below $50 by other methods (1) May be easier / more suitable to use cheques (1) May Increase bank charges (1) Or other relevant disadvantages Max (2) Recommendation (1) 5 To earn marks, you need to correctly record the opening balance, the bank imprest amount, and each transaction in the correct columns (Total received, Total paid, and the appropriate analysis column). You also need to correctly balance the account and bring down the balance for the next period, ensuring correct dates are used.

2 Hassan is a trader. During the financial year he took goods from the business for his own use. How should he record this? debit credit A drawings inventory B drawings purchases C income statement inventory D income statement purchases

Answer: B To earn this mark, a student must correctly identify that 'drawings' is debited and 'purchases' is credited when goods are taken from the business for personal use.

Cambridge IGCSE Accounting · 0452

IGCSE Accounting (0452) Sources and recording of data past paper questions

These questions cover the double-entry system, the ledgers, and the books of prime entry.

225 free questions from 2017–2021, each with its marking scheme. Open the full topical bank to filter by subtopic, paper, and year.

Sources and recording of data in IGCSE Accounting 0452 exams, 2020–2025

Across 2020–2025, Sources and recording of data accounted for 312 questions worth 1,528 marks in Cambridge IGCSE Accounting (0452) papers.

By year
Year	Questions	Marks
2020	57	209
2021	57	228
2022	63	348
2023	50	278
2024	41	250
2025	44	215

Most-tested subtopics

2.1 The double entry system of book-keeping1060 marks
2.3 Books of prime entry600 marks
2.2 Business documents100 marks

Appears in

Paper 1 · 248 qs
Paper 2 · 64 qs

All most-tested Accounting topics

2021 Feb/Mar · Paper 2 · Q1 · 20 marks
Marking scheme
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2021 May/Jun · Paper 2 · Q1 · 20 marks
Marking scheme
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2021 May/Jun · Paper 2 · Q1 · 20 marks
Marking scheme
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2021 May/Jun · Paper 2 · Q1 · 20 marks
Marking scheme
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2021 Oct/Nov · Paper 1 · Q2 · 1 mark
Marking scheme
Mark scheme — 2021 Paper 1 Q2
Answer: B
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