Description
101 Accounting O Level MCQ’S Paper 1
Cambridge University has adopted MCQs as a part of O Level Accounting 7110 Examinations since 2000. Now almost 33.3% of weightage is allocated to MCQs.
Each topic of the syllabus has been covered in a separate chapter containing MCQs from past papers. All the MCQs in this Book have been compiled according to the May June or October November year in which they were set in the O Level Cambridge examinations updated till 2020.
For a better understanding of the questions, detailed answers are also given at the end of each chapter. CAIE Students will find the “Student Evaluation Card” quite useful. This will enable them to compare their performances and focus on the weaker areas.
The correct answers to the Questions are given in the answer key at the end of each chapter.
In the current edition Financial statements of sole traders have been subdivided into four topics so that students may focus on each sub-topic independently.
Now you can place an order for this book in both paperback and ebook format. ebooks are for online reading and these are not pdf files to download. The purchaser is granted a single, nontransferable license for his or her personal use of the E-book on digital media for the period of one year from the date of purchase.
The purchaser is not authorized to grant access to the E-book, in whole or in part, to any third party, in particular, to sublicense, to transfer, to timeshare, or to rent out the E-book.
Making the E-book available on the Internet or in other networks, reselling the E-book, and/or any use for commercial purposes is not permitted
101 Accounting O Level MCQ’S Paper 1
TABLE OF CONTENTS
PREFACE 3
CHAPTER 1 ACCOUNTING BASICS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 2 BOOKS OF ORIGINAL ENTRY
ANSWER KEY
DETAILED ANSWERS
CHAPTER 3 CASH BOOK AND DISCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 4 BANK RECONCILIATION STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 5 BAD DEBTS & PROVISION FOR DOUBTFUL DEBTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 6 ACCOUNTING FOR NON-CURRENT ASSETS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 7 TRIAL BALANCE
ANSWER KEY
DETAILED ANSWERS
CHAPTER 8 INCOME STATEMENTS OF SOLE TRADERS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 9 BALANCE SHEETS OF SOLE TRADERS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 10 ADJUSTMENTS IN FINANCIAL STATEMENTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 11 ACCOUNTING CONCEPTS & CONVENTIONS
ANSWER KEY
(101 Accounting O Level MCQ’S Paper 1)
CHAPTER 12 CAPITAL AND REVENUE
ANSWER KEY
DETAILED ANSWERS
CHAPTER 13 ERRORS NOT AFFECTING AGREEMENT OF TRIAL BALANCE
ANSWER KEY
DETAILED ANSWERS
CHAPTER 14 SUSPENSE ACCOUNT
ANSWER KEY
DETAILED ANSWERS
CHAPTER 15 CONTROL ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 16 ACCOUNTS FROM INCOMPLETE RECORDS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 17 ACCOUNTS OF NON PROFIT ORGANISATIONS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 18 MANUFACTURING ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 19 PARTNERSHIP
ANSWER KEY
DETAILED ANSWERS
CHAPTER 20 COMPANY ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 21 INTERPRETATION OF ACCOUNTS
ANSWER KEY
DETAILED ANSWERS
CHAPTER 22 PAYROLL ACCOUNTING
ANSWER KEY
DETAILED ANSWERS
MAY 2014 – PAPER 12
ANSWER KEY
NOVEMBER 2014 – PAPER 12
ANSWER KEY
MAY 2015 – PAPER 12
ANSWER KEY
NOVEMBER 2015 – PAPER 12
ANSWER KEY
MAY 2016 – PAPER 12
ANSWER KEY
NOVEMBER 2016 – PAPER 12
ANSWER KEY
JUNE 2017 – PAPER 12
ANSWER KEY
NOVEMBER 2017 – PAPER 12
ANSWER KEY
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