1
1 mark
What does the purchases ledger of a business contain?
accounts of trade payables
accounts of trade receivables
purchases account
purchases ledger control account
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Syllabus Edition
First teaching 2021
Last exams 2026
Double Entry Book-keeping with Ledger Accounts (Cambridge (CIE) IGCSE Accounting): Exam Questions
Exam code: 0452 & 0985
37 mins20 questions
2
1 mark
Maheen is a sole trader. During the financial year she took goods from the business for her own use. How should she record this in the business's books?
account debited | account credited | |
|---|---|---|
A | drawings | inventory |
B | drawings | purchases |
C | income statement | inventory |
D | income statement | purchases |
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3
1 mark
Liina is a trader. She took goods from the business for personal use which had cost $210. In addition the business had paid $12 carriage to have those goods delivered.
How would this be recorded in Liina’s accounts in the business's books?
debit Liina's capital account $210
debit Liina's capital account $222
debit Liina's drawings account $210
debit Liina's drawings account $222
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4
1 mark
Amani's financial year ends on 31 December. On 1 January 2024 Amani's purchases ledger showed a credit balance of $250 on William's account.
What does this mean?
Amani had paid $250 to William.
Amani owed $250 to William.
William had paid $250 to Amani.
William owed $250 to Amani.
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5
1 mark
Anran received $450 in cash from Minh for rent.
How did Anran record this?
account debited | account credited | |
|---|---|---|
A | cash | rent receivable |
B | Minh | rent receivable |
C | rent receivable | cash |
D | rent receivable | Minh |
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1
1 mark
Arkady rents premises from Boryslav and pays the rent by cheque.
How would Arkady record this?
account debited | account credited | |
|---|---|---|
A | bank | rental expenses |
B | cash | rental expenses |
C | rental expenses | bank |
D | rental expenses | cash |
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2
1 mark
Yaoti bought goods on credit from Tizoc. Later she returned some of the goods to Tizoc.
How should Tizoc record the return in his books?
account debited | account credited | |
|---|---|---|
A | purchases returns | Yaoti |
B | sales returns | Yaoti |
C | Yaoti | purchases returns |
D | Yaoti | sales returns |
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3
1 mark
Ayanda debited the income statement and credited her capital account.
What does this double entry record?
capital introduced
drawings
loss for the year
profit for the year
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4
1 mark
Rosie owns a repair shop. She purchases some equipment for the shop on credit from WEC Limited.
How should Rosie record this?
account debited | account credited | |
|---|---|---|
A | equipment | WEC Limited |
B | purchases | WEC Limited |
C | WEC Limited | equipment |
D | WEC Limited | purchases |
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5
1 mark
Which of the following actions is an example of double entry book-keeping?
making a journal entry to record the correction of an error made in the corresponding ledger
making entries in the purchases journal and the purchases ledger to record goods purchased on credit
recording cash paid to a trade payable in the cash book and purchases ledger
recording the sale of goods on credit in the sales journal and the sales ledger
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6
1 mark
Cerys is a trader. She purchases a new vehicle for delivering goods to her customers, and pays for it by cheque.
How should Cerys record this transaction in her books?
account debited | account credited | |
|---|---|---|
A | bank | motor vehicles |
B | bank | purchases |
C | motor vehicles | bank |
D | purchases | bank |
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7
1 mark
Kanya used a cheque to settle Puneet's account. As she had settled her account quickly, Kanya received a cash discount.
How did Kanya record this discount?
account debited | account credited | |
|---|---|---|
A | bank | discount received |
B | discount received | bank |
C | discount received | Puneet |
D | Puneet | discount received |
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1
1 mark
Inaya is the owner of a shop. When setting the selling price of goods, she marks her inventory up by 40%. She took inventory for her own use that cost her $200, but she did not pay for it.
How should this be entered in the accounts?
account debited | account credited | |
|---|---|---|
A | drawings $200 | purchases $200 |
B | drawings $280 | purchases $280 |
C | trade receivables $200 | sales $200 |
D | trade receivables $280 | sales $280 |
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2
1 mark
Samira's business books contain the following account.
Mahdi account
Date | Details | $ | Date | Details | $ |
2024 Oct 1 |
returns |
125 | 2024 Oct 1 |
balance b/d |
700 |
Oct 31 | bank | 480 | Oct 12 | purchases | 450 |
discount | 20 | ||||
balance c/d | 525 |
| |||
1150 | 1 150 |
Which statement is correct?
On 1 October, Mahdi owed Samira $700.
On 12 October, Mahdi purchased goods worth $450 from Samira.
On 31 October, Samira allowed Mahdi $20 trade discount.
On 31 October, Samira owed Mahdi $525.
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3
1 mark
A cheque received from Andrew, a credit customer, was dishonoured.
How should this dishonoured cheque be recorded?
account debited | account credited | |
|---|---|---|
A | Andrew | bank |
B | Andrew | sales |
C | bank | Andrew |
D | sales | Andrew |
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