This document consists of 22 printed pages and 2 blank pages.
© UCLES 2009
*0176013196*For Examiner's Use
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education Ordinary Level
PRINCIPLES OF ACCOUNTS
Candidates answer on the Question Paper.
READ THESE INSTRUCTIONS FIRST
Write your Centre number, candidate number and name on all the work you hand in.
Write in dark blue or black pen.
You may use a soft pencil for any diagrams or graphs.
Do not use staples, paper clips, highlighters, glue or correction fluid.
DO NOT WRITE IN ANY BARCODES.
Answer all questions.
You may use a calculator.
Where layouts are to be completed, you may not need all the lines for your answer.
The businesses mentioned in this Question Paper are fictitious.
At the end of the examination, fasten all your work securely together.
The number of marks is given in brackets [ ] at the end of each question or part
© UCLES 2009
1 The following balances were taken from the books of Salim Electrical Supplies on
15 September 2009.
14 950 Cr
1 800 Dr
1 200 Dr
2 150 Dr
The following transactions took place:
September 16 Sold goods, list price $500 less 20 % discount, on credit to Khan Ltd
18 Received a cheque from Eastern Retailers in full settlement of their
account less 5 % cash discount
24 Khan Ltd returned goods, list price $50, purchased on 16 September
25 Sold goods, $250, on credit to Eastern Retailers
26 Sold goods, $500, to Khan Ltd for cash
30 Khan Ltd ceased trading. Salim Electrical Supplies decided to write off the
balance of Khan Ltd as a bad debt.
1 The stock was valued at $1470 on 30 September 2009.
2 The financial year of Salim Electrical Supplies end