Cambridge (CIE) O Level Accounting
Exam Questions

Book-Keeping & Accounting, Profit or Loss & Financial Position, The Accounting Equation

Introduction to Business Documents, Business Documents for Credit Transactions, Business Documents for Cash Transactions

Introduction to Books of Prime Entry, Cash Books & The General Journal

The Double Entry System, Ledgers, Recording Sale Transactions, Recording Purchase Transactions, Recording Other Transactions, Balancing Accounts, Transferring Balances to the Income Statement, Interpreting Accounts & Their Balances

The Cash Book, The Petty Cash Book

The Trial Balance, Errors & Journal Entries, Errors & The Suspense Account, Impact of Errors on Profit & Financial Position

Use of a Bank Statement, Bank Reconciliation Statements

Purpose of a Control Account, Sales Ledger Control Accounts, Purchases Ledger Control Accounts

Capital & Revenue Expenditure, Capital & Revenue Receipts

Depreciation, Provision for Depreciation, Disposal of Non-Current Assets

Accrued & Prepaid Expenses, Accrued & Prepaid Income

Irrecoverable Debts, Provision for Doubtful Debts

The Basis of the Valuation of Inventory, Effects of Incorrect Valuations

Sole Traders, Income Statement, Statement of Financial Position, Adjustments for Provision for Depreciation, Adjustments for Provisions for Doubtful Debts, Adjustments for Accrued & Prepaid Expenses, Adjustments for Accrued & Prepaid Income, Adjustments to Financial Statements

Partnerships, Income Statement, Appropriation Account, Capital & Current Accounts, Statement of Financial Position

Limited Companies, Income Statement, Statement of Changes in Equity, Statement of Financial Position

Accounts for Clubs & Societies, Subscriptions Account, Receipts & Payments Account, Income & Expenditure Account, Statement of Financial Position

Manufacturing Businesses, Manufacturing Account, Income Statement & Statement of Financial Position

Incomplete Records, Statement of Affairs, Calculating Values using Control Accounts, Calculating Values using Accounting Ratios

Profitability Ratios, Liquidity Ratios, Efficiency Ratios, Inter-firm Comparison, Interested Parties, Limitations of Accounting Statements

Accounting Principles, Accounting Policies