GCSE/ IGCSE Accounting (Principles of Account) Sample Questions II

Explain the meaning of the following terms.
Trade discount
Cash discount
_
Explain the meaning of each of the following accounting concepts, using an
example to illustrate its application.
 Accruals/Matching
Business entity
_
Streep has recently purchased a new motor vehicle for use in the business.
Explain the difference between capital and revenue expenditure and state how
each is treated in the end-of-year accounts.

Having problems with understanding basic accounting such as debit and credit?


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Source: 

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ0lyx7DrXlnn15SmfkC4RrPgE5-mujfdkvDMCpUMqV7BQBTxabH0NFjeZ3NVpWDH_h5copEymUq-AAoUGRlZOO75cKHwcPU9IOwtT5v9wPB8TC5NVEs0Hri9WnAl66_IOsSCO61M9jlc/s1600/debit-credit.jpg

http://pastpapers.edexcel.com/content/dam/pdf/International%20GCSE/Accounting/2009/Question%20papers%20and%20mark%20schemes/4AC0_01_que_20130109.pdf