Cambridge O Level Accounting · 7707
O-Level Accounting (7707) Preparation of financial statements past paper questions
Questions on income statements and balance sheets for traders, partnerships, limited companies, and other organisations.
79 free questions from 2020–2021, each with its marking scheme. Open the full topical bank to filter by subtopic, paper, and year.
Preparation of financial statements in O-Level Accounting 7707 exams, 2020–2025
Across 2020–2025, Preparation of financial statements accounted for 266 questions worth 1,216 marks in Cambridge O Level Accounting (7707) papers.
| Year | Questions | Marks |
|---|---|---|
| 2020 | 35 | 206 |
| 2021 | 44 | 160 |
| 2022 | 49 | 237 |
| 2023 | 40 | 192 |
| 2024 | 53 | 243 |
| 2025 | 45 | 178 |
Most-tested subtopics
- 5.3 Limited companies240 marks
- 5.1 Sole traders200 marks
- 5.5 Manufacturing accounts200 marks
Appears in
- Paper 1 · 215 qs
- Paper 2 · 51 qs
2021 Oct/Nov · Paper 1 · Q17

2021 Oct/Nov · Paper 1 · Q21

2021 May/Jun · Paper 1 · Q22

2021 Oct/Nov · Paper 1 · Q22

2021 Oct/Nov · Paper 1 · Q10 · 1 mark

Marking scheme
Get Steven’s plain-English explanationMark scheme — 2021 Paper 1 Q10
Answer: B
Showing 5 of 79 free Preparation of financial statements questions.
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