Accounting 0452/22 Oct Nov 2024 | Cambridge IGCSE Past Papers With Mark Scheme

1. Double-Entry & Cash Book Accounting | Preparation of Kalima’s cash book, account for Elizah, classification of balances in the statement of financial position.

2. Incomplete Records & Profit Calculation | Determining opening and closing capital, calculation of profit using the capital approach, and evaluation of bookkeeping needs.

3. Club Accounts & Financial Statements | Preparation of a café income statement, subscriptions account, and income & expenditure account for a sports club.

4. Company Accounts & Financial Statements | Statement of changes in equity, equity section of financial position, and analysis of financing options (ordinary shares vs. debentures).

5. Financial Ratios & Business Performance | Calculation of inventory turnover, trade receivables/payables turnover, gross profit margin improvement strategies, and trade credit management.