GCSE/ IGCSE Accounting (Principles of Account) Sample Questions III | FindTuitionTeachers | Online Tuition Agency in Singapore

Explain how a contra entry (set off) between the sales ledger and purchases
ledger can arise.
_
State two advantages of preparing a sales ledger (total debtors) control account.
_
Explain how capital expenditure differs from revenue expenditure.
Capital expenditure
Revenue expenditure
_
 Sue Tang maintains a full set of accounting records and extracts a trial balance at the
end of each month.
State the purpose of a trial balance.
_
Describe two errors that could cause a trial balance not to balance.
_
Identify two differences between a receipts and payments account and an income
and expenditure account.
_

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_20120510.pdf