Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Accounting (4AC1) Paper 02 Financial statements

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Question number Answer Mark 1(a) Award marks as indicat Sajjan Income statement for the year ended 30 April 2022 $ $ Revenue / Sales 165 200 (1) or 216 900 (2) 216 900 (2) Cost of sales P... urchases 104 200 (1) or 146 700 (2) 146 700 (2) Closing inventory (36 000) (110 700) Gross profit 106 200 (1of) Expenses Office expenses 18 975 Motor expenses 5 000 Rent and rates 13 200 (1) Wages and salaries 31 000 (1) Provision for irrecoverable debts 2 585 (1) Depreciation - motor vehicle 2 000 (1) (72 760) Profit for the year 33 440 (1) (10 [Show More]

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