accounts cambridge paper
THIS IS A NEW SPECIFICATION
ADVANCED SUBSIDIARY GCE
F011/RB
ACCOUNTING
Accounting Principles
Tuesday 2 June 2009
Morning
RESOURCE BOOKLET
To be given to candidates at the start of the examination Duration: 1 hour
*CUP/T77015*
INSTRUCTIONS TO CANDIDATES
•
•
The information required to answer questions 1–2 is contained within this Resource Booklet.
Do not hand this Resource Booklet in at the end of the examination. It is not needed by the Examiner.
INFORMATION FOR CANDIDATES
•
This document consists of 4 pages. Any blank pages are indicated.
© OCR 2009 [H/500/7722]
SP (NF) T77015/2
OCR is an exempt Charity
Turn over
2
1*
Paula Redwood, a sole trader, prepared the following Trial Balance from her accounts on 30 April
2009.
Rent
General expenses
Insurance
Salaries
Electricity
Capital
Motor expenses
Bad debts
Drawings
Debtors
Creditors
Bank
Stock
10% Loan
Loan interest
Carriage outwards
Commission received
Purchases
Sales
Purchases returns
Sales returns
Discounts allowed
Discounts received
Provision for doubtful debts
Equipment
Provision for depreciation of equipment
Motor vehicles
Provision for depreciation of motor vehicles
Dr
£
4 000
6 000
3 300
14 000
2 000
Cr
£
44 000
4 900
200
6 000
6 200
3 800
2 600
3 600
15 000
1 250
700
730
56 000
108 000
2 500
4 800
600
400
520
48 000
14 400
36 000
10 800
200 150
200 150
The following information is also available.
(i)
(ii)
Included in the general expenses is an item of equipment purchased during the year for
£1 200. This item has not yet been included in the equipment account.
(iii)
A cheque for £800 received from a debtor has not yet been entered in the accounts.
(iv)
At 30 April 2009, loan interest owing amounted to £250; electricity owing was £380; whilst insurance was prepaid by £460.
(v)
During the year Paula Redwood had withdrawn, for her personal use, goods
ADVANCED SUBSIDIARY GCE
F011/RB
ACCOUNTING
Accounting Principles
Tuesday 2 June 2009
Morning
RESOURCE BOOKLET
To be given to candidates at the start of the examination Duration: 1 hour
*CUP/T77015*
INSTRUCTIONS TO CANDIDATES
•
•
The information required to answer questions 1–2 is contained within this Resource Booklet.
Do not hand this Resource Booklet in at the end of the examination. It is not needed by the Examiner.
INFORMATION FOR CANDIDATES
•
This document consists of 4 pages. Any blank pages are indicated.
© OCR 2009 [H/500/7722]
SP (NF) T77015/2
OCR is an exempt Charity
Turn over
2
1*
Paula Redwood, a sole trader, prepared the following Trial Balance from her accounts on 30 April
2009.
Rent
General expenses
Insurance
Salaries
Electricity
Capital
Motor expenses
Bad debts
Drawings
Debtors
Creditors
Bank
Stock
10% Loan
Loan interest
Carriage outwards
Commission received
Purchases
Sales
Purchases returns
Sales returns
Discounts allowed
Discounts received
Provision for doubtful debts
Equipment
Provision for depreciation of equipment
Motor vehicles
Provision for depreciation of motor vehicles
Dr
£
4 000
6 000
3 300
14 000
2 000
Cr
£
44 000
4 900
200
6 000
6 200
3 800
2 600
3 600
15 000
1 250
700
730
56 000
108 000
2 500
4 800
600
400
520
48 000
14 400
36 000
10 800
200 150
200 150
The following information is also available.
(i)
(ii)
Included in the general expenses is an item of equipment purchased during the year for
£1 200. This item has not yet been included in the equipment account.
(iii)
A cheque for £800 received from a debtor has not yet been entered in the accounts.
(iv)
At 30 April 2009, loan interest owing amounted to £250; electricity owing was £380; whilst insurance was prepaid by £460.
(v)
During the year Paula Redwood had withdrawn, for her personal use, goods