Accounting 0452/21 Oct Nov 2024 | Cambridge IGCSE Past Papers With Mark Scheme

1. Bank Reconciliation & Cash Book Adjustments | Updating Jenny’s Bank Records – Preparing an updated cash book, reconciling discrepancies, and constructing a bank reconciliation statement.

2. Partnership Accounting | Profit Allocation & Capital Accounts – Preparing the profit and loss appropriation account, updating the capital and current accounts, and recording loan interest.

3. Error Correction & Suspense Account | Identifying and Rectifying Accounting Errors – Making journal corrections, completing the suspense account, and assessing the impact of errors on profit.

4. Depreciation & Asset Disposal | Accounting for Vehicle Transactions – Calculating depreciation, maintaining ledger accounts for fixed assets, and evaluating a change in depreciation method.

5. Manufacturing & Financial Reporting | Costing and Income Statement Preparation – Completing the manufacturing account, computing trading profit, and advising on credit control policy improvements.