CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education Advanced Subsidiary Level
and Advanced Level
Paper 1 Multiple Choice
Additional Materials: Multiple Choice Answer Sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)
READ THESE INSTRUCTIONS FIRST
Write in soft pencil.
Do not use staples, paper clips, highlighters, glue or correction fluid.
Write your name, Centre number and candidate number on the answer sheet in the spaces
provided unless this has been done for you.
There are thirty questions on this paper. Answer all questions. For each question there are four possible
answers A, B, C, and D.
Choose the one you consider correct and record your choice in soft pencil on the separate answer sheet.
Read the instructions on the Answer Sheet very carefully.
Each correct answer will score one mark. A mark will not be deducted for a wrong answer.
Any rough working should be done in this booklet.
Calculators may be used
This document consists of 10 printed pages and 2 blank pages.
The following information relates to a business for a period.
selling price per unit
variable costs per unit
total fixed costs
How many units were sold in the period?
2 A customer paid a deposit in advance for goods to be supplied at a later date.
How should this be recorded in the seller’s books?
3 A trial balance at 30 April 2003, before making end of year adjustments, showed:
Provision for doubtful debts
At 30 April 2003 it was decided to write off a bad debt of $800 and to make a provision for
doubtful debts of 2 % of trade debtors. During the year an amount of $200 was received from a
customer relating to a debt that was written off in the year ended 30 April 2002.
What was the total bad and doubtful debts expense for the year ended 30 April