UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education Ordinary Level
PRINCIPLES OF ACCOUNTS
Paper 1 Multiple Choice
1 hour 15 minutes
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 forty 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 11 printed pages and 1 blank page.
© UCLES 2005
X keeps a full set of books of account.
Where will the purchases account appear?
A general journal
B general ledger
C purchases journal
D purchases ledger
2 Which source document is used to make an entry in the purchases returns journal?
credit note issued by the business
credit note issued by the supplier
invoice issued by the business
invoice issued by the supplier
3 What is true about cash discounts received?
they are recorded
in cash book
4 Which is entered in the purchases journal?
invoices from suppliers
invoices to customers
C payments from customers