Books of prime entry — Paper 1 · IGCSE Accounting 0452

7 Rashida sells goods on credit and allows her customers a trade discount. Which statements are correct? 1 A debit entry is made in the customer’s account in the sales ledger for the net value of the goods sold. 2 The date of sale, name of the customer, cost price and trade discount are entered in the sales journal. 3 The trade discount is debited to the customer’s account and credited to the discount allowed account. A 1 and 2 B 1 and 3 C 2 only D 2 and 3

1 marks

Answer: A

This question in 0452/12 Feb/March 2020

5 Goods bought on credit by Tumelo from Tebogo are returned before they are paid for. Tumelo keeps a full double entry system. Where will Tumelo record the return of goods? A cash book and sales ledger B general ledger only C general ledger and purchases ledger D purchases ledger only

1 marks

Answer: C

This question in 0452/11 May/June 2020

7 What is recorded in the sales journal? A all money received from sales B all sales transactions C cash sales transactions D credit sales transactions

1 marks

Answer: D

This question in 0452/11 May/June 2020

8 Which statement about a two-column cash book is correct? A It is a ledger account for bank transactions only. B It is a ledger account for cash transactions only. C It is a book of prime entry. D It records cash discounts.

1 marks

Answer: C

This question in 0452/11 May/June 2020

1 Which are examples of book-keeping? 1 entering details of a cheque received from a customer in a cash book 2 entering details of goods purchased on credit in a purchases journal 3 producing an income statement to calculate the profit for the year 4 recording details of credit sales in the account of a credit customer A 1, 2 and 3 B 1, 2 and 4 C 1 and 2 only D 3 and 4

1 marks

Answer: B

This question in 0452/12 May/June 2020

6 Goods bought on credit by Tumelo from Tebogo are returned before they are paid for. Tumelo keeps a full double entry system. Where will Tumelo record the return of goods? A cash book and sales ledger B general ledger only C general ledger and purchases ledger D purchases ledger only

1 marks

Answer: C

This question in 0452/12 May/June 2020

14 Thembi is preparing her sales ledger control account. She needs to know: 1 The total for goods which have been returned by credit customers. 2 The amount owed by credit customers which have been written off as irrecoverable. Where can she obtain this information? goods returned irrecoverable debts A purchase returns account irrecoverable debts account B purchase returns journal general journal C sales returns account irrecoverable debts account D sales returns journal general journal

1 marks

Answer: D

This question in 0452/12 May/June 2020

6 Goods bought on credit by Tumelo from Tebogo are returned before they are paid for. Tumelo keeps a full double entry system. Where will Tumelo record the return of goods? A cash book and sales ledger B general ledger only C general ledger and purchases ledger D purchases ledger only

1 marks

Answer: C

This question in 0452/13 May/June 2020

14 Thembi is preparing her sales ledger control account. She needs to know: 1 The total for goods which have been returned by credit customers. 2 The amount owed by credit customers which have been written off as irrecoverable. Where can she obtain this information? goods returned irrecoverable debts A purchase returns account irrecoverable debts account B purchase returns journal general journal C sales returns account irrecoverable debts account D sales returns journal general journal

1 marks

Answer: D

This question in 0452/13 May/June 2020

4 Which business document is used to update the cash book for standing order payments? A bank statement B cheque counterfoil C paying-in slip D receipt

1 marks

Answer: A

This question in 0452/11 Oct/Nov 2020

8 Sue allows 2% cash discount to credit customers who settle their account within 28 days. Jane purchased goods, list price $200, on 10 September. She returned these goods on 15 September. Which entry would Sue make on 15 September? A purchases returns journal $196 B purchases returns journal $200 C sales returns journal $196 D sales returns journal $200

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2020

14 George is preparing his purchases ledger control account. Which information would he obtain from his general journal? A contra entries with the sales ledger B goods returned to credit suppliers C irrecoverable debts written off D refunds received from credit suppliers

1 marks

Answer: A

This question in 0452/12 Oct/Nov 2020

7 Which book of prime entry is written up from the copies of credit notes issued by a trader? A purchases journal B purchases returns journal C sales journal D sales returns journal

1 marks

Answer: D

This question in 0452/12 Feb/March 2021

9 Raminder maintains a petty cash book using the imprest system. The monthly imprest of $250 is restored on the first day of each month. In January the petty cashier spent $105 and received a refund of $15 from a stationery supplier. How much was given to the petty cashier on 1 February to restore the imprest? A $90 B $105 C $145 D $160

1 marks

Answer: A

This question in 0452/12 Feb/March 2021

6 Which items would be recorded in the general journal of a bakery? 1 correction of an error of principle relating to an oven repair 2 purchase of a delivery vehicle on credit 3 purchase of flour on credit 4 return by a customer of a faulty batch of bread A 1 and 2 B 1 and 3 C 2 and 4 D 3 and 4

1 marks

Answer: A

This question in 0452/11 May/June 2021

7 Alisha entered the credit notes she received in March in the correct returns journal. How was the total of this journal recorded in the ledger at the end of the month? A credit purchases returns account B credit sales returns account C debit purchases returns account D debit sales returns account

1 marks

Answer: A

This question in 0452/11 May/June 2021

6 Hasina buys radios from Nazneen at a list price of $10 each. Hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. Two radios were faulty and were returned to Nazneen. What was the total of the credit note issued by Nazneen? A $15.36 B $16.00 C $19.20 D $20.00

1 marks

Answer: B

This question in 0452/12 May/June 2021

7 Jameel sold goods on credit. Where did he first record the invoice he issued? A general journal B general ledger C sales journal D sales ledger

1 marks

Answer: C

This question in 0452/12 May/June 2021

8 Which statements about a three-column cash book are correct? 1 It contains ledger accounts for bank and cash. 2 It contains ledger accounts for discounts allowed and received. 3 It records transactions before they are recorded in the ledgers. A 1 and 2 B 1 and 3 C 2 and 3 D 3 only

1 marks

Answer: B

This question in 0452/12 May/June 2021

6 Hasina buys radios from Nazneen at a list price of $10 each. Hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. Two radios were faulty and were returned to Nazneen. What was the total of the credit note issued by Nazneen? A $15.36 B $16.00 C $19.20 D $20.00

1 marks

Answer: B

This question in 0452/13 May/June 2021

7 Jameel sold goods on credit. Where did he first record the invoice he issued? A general journal B general ledger C sales journal D sales ledger

1 marks

Answer: C

This question in 0452/13 May/June 2021

8 Which statements about a three-column cash book are correct? 1 It contains ledger accounts for bank and cash. 2 It contains ledger accounts for discounts allowed and received. 3 It records transactions before they are recorded in the ledgers. A 1 and 2 B 1 and 3 C 2 and 3 D 3 only

1 marks

Answer: B

This question in 0452/13 May/June 2021

3 Goods purchased on credit from Zamir were returned by Ashwin. Which entries should Zamir make to record this? account debited account credited A Ashwin purchase returns B purchase returns Zamir C sales returns Ashwin D Zamir sales returns

1 marks

Answer: C

This question in 0452/12 Oct/Nov 2021

9 Ann maintains a petty cash book using the imprest system. Which statement is not correct? A A petty cash book can be maintained by a junior member of staff. B At any time petty cash vouchers plus the petty cash balance are equal to the imprest amount. C The chief cashier is not asked continually for small sums of money. D The number of entries in the cash book increases because of the large number of small cash payments.

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2021

11 A standing order paid for rent has not been entered into the accounting records of a business. Which statement is correct? A Because the payment was made automatically, no additional entries are required in the accounting records. B Because the payment was made automatically, only an entry in the rent account is required. C Entries are required in the cash book and in the bank reconciliation statement. D Entries are required in the cash book and in the nominal (general) ledger.

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2021

3 Where are the accounts of credit suppliers maintained? A purchases journal B purchases ledger C sales journal D sales ledger

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2021

6 What is recorded in a petty cash book? A all cash transactions B cash purchases and expenses only C purchases of all small value items D small cash transactions

1 marks

Answer: D

This question in 0452/12 Feb/March 2022

5 The discount column on the debit side of a trader’s cash book totalled $1300 and the discount column on the credit side totalled $700. How much discount did the trader receive? A $600 B $700 C $1300 D $2000

1 marks

Answer: B

This question in 0452/11 May/June 2022

7 Jabari maintains a petty cash book using the imprest system. The imprest is restored at the end of each month. Which amount restores the imprest at the end of a month? A the amount left in petty cash less the total of vouchers received B the amount left in petty cash plus the total of vouchers received C the imprest amount less the total of vouchers received D the total of vouchers received

1 marks

Answer: D

This question in 0452/11 May/June 2022

5 Ben sold goods to David for $900 cash. In which book of prime entry would David record this transaction? A cash book B general journal C purchases journal D sales journal

1 marks

Answer: A

This question in 0452/12 May/June 2022

6 A petty cashier received $100 from the chief cashier and $10 from an employee who had made private calls on the business telephone. How would these amounts be recorded in the petty cash book and the cash book? debit petty credit petty debit credit cash book cash book cash book cash book $ $ $ $ A 0 110 100 0 B 10 100 0 100 C 100 10 0 100 D 110 0 0 100

1 marks

Answer: D

This question in 0452/12 May/June 2022

4 Omar sent a credit note to Miriam for goods returned. How would Miriam record this transaction? account to be debited account to be credited A purchases returns Omar B sales returns Miriam C Omar purchases returns D Miriam sales returns

1 marks

Answer: C

This question in 0452/13 May/June 2022

5 Ben sold goods to David for $900 cash. In which book of prime entry would David record this transaction? A cash book B general journal C purchases journal D sales journal

1 marks

Answer: A

This question in 0452/13 May/June 2022

6 A petty cashier received $100 from the chief cashier and $10 from an employee who had made private calls on the business telephone. How would these amounts be recorded in the petty cash book and the cash book? debit petty credit petty debit credit cash book cash book cash book cash book $ $ $ $ A 0 110 100 0 B 10 100 0 100 C 100 10 0 100 D 110 0 0 100

1 marks

Answer: D

This question in 0452/13 May/June 2022

6 Which business documents provide information for writing up the sales journal and the sales returns journal? sales journal sales returns journal A invoices issued credit notes issued B invoices issued credit notes received C invoices received credit notes issued D invoices received credit notes received

1 marks

Answer: A

This question in 0452/11 Oct/Nov 2022

8 What would not be recorded in the ledgers of a business? A cash discount B irrecoverable debts C trade discount D wages accrued

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2022

14 A sales ledger control account included the following items. 1 discount allowed 2 dishonoured cheques 3 interest on overdue accounts 4 irrecoverable debts For which of these items was the information obtained from the general journal? A 1 and 2 B 1 and 3 C 2 and 4 D 3 and 4

1 marks

Answer: D

This question in 0452/11 Oct/Nov 2022

7 Which entries should be made to post the monthly totals of the discount allowed and discount received columns of the cash book? discount allowed discount received A credit discount allowed account debit discount received account B credit income statement debit income statement C debit discount allowed account credit discount received account D debit income statement credit income statement

1 marks

Answer: C

This question in 0452/12 Oct/Nov 2022

8 Jasvinder maintains a petty cash book using the imprest system. The monthly imprest of $100 is restored on the first day of each month. In September the petty cash book showed the following. $ total expenses 83 total receipts 7 How much cash did Jasvinder need to restore the imprest on 1 October? A $24 B $76 C $83 D $100

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2022

6 Which business documents provide information for writing up the sales journal and the sales returns journal? sales journal sales returns journal A invoices issued credit notes issued B invoices issued credit notes received C invoices received credit notes issued D invoices received credit notes received

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2022

14 A sales ledger control account included the following items. 1 discount allowed 2 dishonoured cheques 3 interest on overdue accounts 4 irrecoverable debts For which of these items was the information obtained from the general journal? A 1 and 2 B 1 and 3 C 2 and 4 D 3 and 4

1 marks

Answer: D

This question in 0452/13 Oct/Nov 2022

3 What is the correct order of processing accounting data using the double entry system? A business documents, journals, ledgers, trial balance B journals, business documents, ledgers, trial balance C ledgers, business documents, trial balance, journals D trial balance, business documents, ledgers, journals

1 marks

Answer: A

This question in 0452/12 Feb/March 2023

4 Ada bought goods on credit from Zuri. Later, she returned some of the goods to Zuri. How did Ada record the return in her books? account debited account credited A purchases returns Zuri B sales returns Zuri C Zuri purchases returns D Zuri sales returns

1 marks

Answer: C

This question in 0452/12 Feb/March 2023

6 In April, Meena sent Ralph invoices for $170, $240, $125 and a credit note for $63. In the same month, Ralph sent Meena a debit note for $70 and a cheque for $107. There was no opening balance on Meena's account at the start of April. What was the balance on Meena’s account in Ralph’s books on 1 May? A $295 credit B $295 debit C $365 credit D $365 debit

1 marks

Answer: C

This question in 0452/12 Feb/March 2023

7 A trader issues an invoice for goods sold on credit. The full price of the goods is $2500. The trader allows a trade discount of 15%, and offers a cash discount of 4% for prompt payment. Which amount is recorded in the sales journal? A $2025 B $2040 C $2125 D $2500

1 marks

Answer: C

This question in 0452/11 May/June 2023

4 What does the sales ledger of a business contain? A accounts of trade payables B accounts of trade receivables C sales account D sales ledger control account

1 marks

Answer: B

This question in 0452/12 May/June 2023

6 What is true about cash discounts received? they are they increase recorded in profit for the cash book the year

1 marks

Answer: A

This question in 0452/12 May/June 2023

6 What is true about cash discounts received? they are they increase recorded in profit for the cash book the year

1 marks

Answer: A

This question in 0452/13 May/June 2023

12 Thembi is preparing her sales ledger control account. She needs to know: 1 the total for goods which have been returned by credit customers 2 the amount owed by credit customers which have been written off as irrecoverable. Where can she obtain this information? goods returned irrecoverable debts A purchase returns account irrecoverable debts account B purchase returns journal general journal C sales returns account irrecoverable debts account D sales returns journal general journal

1 marks

Answer: D

This question in 0452/13 May/June 2023

5 At the end of the month, how is the total from the sales journal recorded in the ledger? A credited to the customers’ personal accounts B credited to the sales account C debited to the customers’ personal accounts D debited to the sales account

1 marks

Answer: B

This question in 0452/11 Oct/Nov 2023

6 A customer paid $15 600 to a supplier after receiving a 2 2 1 % cash discount and a trade discount of 20%. What was the amount of the invoice entered in the purchases journal? A $12 480 B $15 600 C $16 000 D $20 000

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2023

7 A trader maintains a petty cash book using the imprest system. The imprest amount is $120. The petty cash transactions during the month of June were: $ receipt from a customer 21 payments stationery 25 postage 10 cleaning 20 payment to a supplier 40 How much was given to the petty cashier on 1 July to restore the imprest? A $46 B $74 C $95 D $120

1 marks

Answer: B

This question in 0452/11 Oct/Nov 2023

23 A trader provided the following data. $ total purchases 25 301 purchase returns 1 945 carriage inwards 748 goods taken for own use 1 425 What was the net figure for purchases in the income statement? A $21 931 B $22 679 C $23 356 D $24 104

1 marks

Answer: B

This question in 0452/11 Oct/Nov 2023

1 Which actions are examples of book-keeping? 1 entering details of a cheque received from a customer in the cash book 2 entering details of goods purchased on credit in the purchases journal 3 producing an income statement to calculate the profit for the year 4 recording details of credit sales in the account of a credit customer A 1, 2 and 3 B 1, 2 and 4 C 1 and 2 only D 3 and 4

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2023

6 Andy was a regular customer of Khalid. He bought goods with a list price of $1000 and later paid $760 in full settlement after receiving a discount for prompt payment of 5%. How much trade discount did Andy receive? A $40 B $190 C $200 D $278

1 marks

Answer: C

This question in 0452/12 Oct/Nov 2023

5 At the end of the month, how is the total from the sales journal recorded in the ledger? A credited to the customers’ personal accounts B credited to the sales account C debited to the customers’ personal accounts D debited to the sales account

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2023

6 A customer paid $15 600 to a supplier after receiving a 2 2 1 % cash discount and a trade discount of 20%. What was the amount of the invoice entered in the purchases journal? A $12 480 B $15 600 C $16 000 D $20 000

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2023

7 A trader maintains a petty cash book using the imprest system. The imprest amount is $120. The petty cash transactions during the month of June were: $ receipt from a customer 21 payments stationery 25 postage 10 cleaning 20 payment to a supplier 40 How much was given to the petty cashier on 1 July to restore the imprest? A $46 B $74 C $95 D $120

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2023

6 A business sold goods with a list price of $50 each. The terms of trade were as follows: trade discount when more than 20 items are purchased: 10% cash discount if customer pays within 30 days: 4% How much was received in full settlement from a customer who bought 25 items and paid after 35 days? A $900 B $1075 C $1125 D $1200

1 marks

Answer: C

This question in 0452/12 Feb/March 2024

3 In which book of prime entry does a trader record cash discount received? A cash book B general journal C purchases journal D sales journal

1 marks

Answer: A

This question in 0452/11 May/June 2024

4 The analysis columns of a petty cash book show the following totals. $ postage 20 stationery 31 How should these totals be posted to the ledger? A credit bank account with $51 B credit postage account with $20 and stationery account with $31 C debit cash account with $51 D debit postage account with $20 and stationery account with $31

1 marks

Answer: D

This question in 0452/11 May/June 2024

5 Which business documents are not entered in the books of prime entry? 1. credit note 2. debit note 3. invoice 4. statement of account A 1 and 3 B 1 only C 2, 3 and 4 D 2 and 4 only

1 marks

Answer: D

This question in 0452/11 May/June 2024

4 Alex issued credit notes in August and entered them in the correct book of prime entry. How was the total of this book of prime entry recorded in the nominal ledger at the end of August? A credited to the purchases returns account B debited to the purchases returns account C credited to the sales returns account D debited to the sales returns account

1 marks

Answer: D

This question in 0452/12 May/June 2024

5 Which business documents are used as sources of information to make entries in the cash book? A bank statement, cheque counterfoil, invoice, paying-in slip B bank statement, cheque counterfoil, invoice, receipt C bank statement, cheque counterfoil, paying-in slip, receipt D cheque counterfoil, paying-in slip, petty cash voucher, receipt

1 marks

Answer: C

This question in 0452/12 May/June 2024

4 Alex issued credit notes in August and entered them in the correct book of prime entry. How was the total of this book of prime entry recorded in the nominal ledger at the end of August? A credited to the purchases returns account B debited to the purchases returns account C credited to the sales returns account D debited to the sales returns account

1 marks

Answer: D

This question in 0452/13 May/June 2024

5 Which business documents are used as sources of information to make entries in the cash book? A bank statement, cheque counterfoil, invoice, paying-in slip B bank statement, cheque counterfoil, invoice, receipt C bank statement, cheque counterfoil, paying-in slip, receipt D cheque counterfoil, paying-in slip, petty cash voucher, receipt

1 marks

Answer: C

This question in 0452/13 May/June 2024

12 A business keeps a complete set of books of accounts. What is not used as a source of information for making entries in control accounts? A cash book B general journal C purchases journal D sales ledger

1 marks

Answer: D

This question in 0452/13 May/June 2024

4 A trader kept a petty cash book using the imprest system. He provided the following information. $ 1 March petty cash balance 80 transfer from bank account to restore the 170 imprest 31 March petty cash payments 195 petty cash expense refunded 10 How much was needed to restore the imprest on 1 April? A $55 B $65 C $185 D $250

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2024

6 What is an advantage of using a sales journal? A It enables monthly totals to be posted to the sales ledger. B It ensures that all credit sales are correctly recorded. C It reduces the number of entries in the sales account. D It shows the amount owed by credit customers at the month end.

1 marks

Answer: C

This question in 0452/11 Oct/Nov 2024

6 What is an advantage to a business of maintaining books of prime entry? A A trial balance can be extracted directly from books of prime entry. B Similar transactions are listed together in date order for reference. C There is no need to make double entries in the ledger. D Trade receivables and trade payables totals are readily available.

1 marks

Answer: B

This question in 0452/12 Oct/Nov 2024

4 A trader kept a petty cash book using the imprest system. He provided the following information. $ 1 March petty cash balance 80 transfer from bank account to restore the 170 imprest 31 March petty cash payments 195 petty cash expense refunded 10 How much was needed to restore the imprest on 1 April? A $55 B $65 C $185 D $250

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2024

6 What is an advantage of using a sales journal? A It enables monthly totals to be posted to the sales ledger. B It ensures that all credit sales are correctly recorded. C It reduces the number of entries in the sales account. D It shows the amount owed by credit customers at the month end.

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2024

6 Alisha entered the credit notes she received in March in the correct returns journal. How was the total of this journal recorded in the ledger at the end of March? A credit purchases returns account B credit sales returns account C debit purchases returns account D debit sales returns account

1 marks

Answer: A

This question in 0452/12 Feb/March 2025

6 A trader bought goods on credit from a supplier. In which book of prime entry would the trader record this transaction? A cash book B general journal C purchases journal D sales journal

1 marks

Answer: C

This question in 0452/11 May/June 2025

12 George is preparing his purchases ledger control account. Which information would he obtain from his general journal in order to do this? A contra entries with the sales ledger B goods returned to credit suppliers C irrecoverable debts written off D refunds received from credit suppliers

1 marks

Answer: A

This question in 0452/11 May/June 2025

5 Raminder maintains a petty cash book using the imprest system. The monthly imprest of $250 is restored on the first day of each month. In January, the petty cashier spent $105, and received a refund of $15 from a stationery supplier. How much was given to the petty cashier on 1 February to restore the imprest? A $90 B $105 C $145 D $160

1 marks

Answer: A

This question in 0452/12 May/June 2025

6 Which statement about cash discounts is not correct? A Cash discounts are given if payment is made within the time limit set by the supplier. B Cash discounts are shown as a reduction from the list price when goods are ordered. C Customers will show cash discounts given to them as other income in the income statement. D Suppliers will show the cash discounts they give as an expense in the income statement.

1 marks

Answer: B

This question in 0452/12 May/June 2025

6 A trader bought goods on credit from a supplier. In which book of prime entry would the trader record this transaction? A cash book B general journal C purchases journal D sales journal

1 marks

Answer: C

This question in 0452/13 May/June 2025

12 George is preparing his purchases ledger control account. Which information would he obtain from his general journal in order to do this? A contra entries with the sales ledger B goods returned to credit suppliers C irrecoverable debts written off D refunds received from credit suppliers

1 marks

Answer: A

This question in 0452/13 May/June 2025

6 A supplier has received a debit note from a customer. What does the supplier use this debit note for? A to complete a statement of account B to correct the sales journal C to make an entry in the sales returns journal D to prepare a credit note

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2025

7 Sue allows 2% cash discount to credit customers who settle their account within 28 days. Jane purchased goods for $200 from Sue on 10 September but returned these goods to Sue on 15 September. Which entry did Sue make for the transaction on 15 September? A purchases returns journal $196 B purchases returns journal $200 C sales returns journal $196 D sales returns journal $200

1 marks

Answer: D

This question in 0452/12 Oct/Nov 2025

5 Hasina buys radios from Nazneen at a list price of $10 each. This month, Hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. Two radios were faulty and were returned to Nazneen. What was the total of the credit note issued by Nazneen? A $15.36 B $16.00 C $19.20 D $20.00

1 marks

Answer: B

This question in 0452/13 Oct/Nov 2025

6 On 1 March, the bank column of a cash book had a credit balance of $290. During March, cheques totalling $580 were received and cheques totalling $610 were paid to suppliers. Bank charges of $12 incurred in February were also entered in the cash book. What was the balance of the bank column in the cash book on 1 April? A $248 credit B $248 debit C $332 credit D $332 debit

1 marks

Answer: C

This question in 0452/13 Oct/Nov 2025

7 Which statement is correct? A Both sales ledger and purchases ledger accounts may contain amounts for cash discounts. B Discount allowed is to reward regular purchases. C Discount received is recorded on the debit side of a three-column cash book. D The double entry system is used to record trade discount.

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2025

13 Which set of books of prime entry may be used as a source of information for preparing a sales ledger control account? A cash book, sales journal, general journal B cash book, sales returns journal, purchases journal, sales journal C purchases journal, general journal, petty cash book D purchases returns journal, sales returns journal, cash book, sales journal

1 marks

Answer: A

This question in 0452/13 Oct/Nov 2025