Financial Accounting > MARK SCHEME > Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Accounting (4AC1) Paper 01 I (All)
SECTION A Question number Answer Mark Award 1 mark as indicated for each question. 1 D Trade payables (1) 2 B Journal (1) 3 B Purchases returns day book (1) 4 C Original entry (1) 5 D The clo... sing balance agrees with the total of individual balances (1) 6 D To spread the cost of the asset over its useful life (1) 7 C Money measurement (1) 8 C Profit for the year overstated (1) 9 C Objectivity (1) 10 A Account to be debited Account to be credited Drawings Purchases (1) TOTAL FOR QUESTIONS 1-10 = 10 MARK [Show More]
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