Revison notes on Incomplete Records

Updated revision notes on Incomplete records are now available on dineshbakshi.com. These revision notes cover all the important components of IGCSE, GCSE accounting syllabus.
prepare opening and closing statements of affairs;

• calculate net profit or loss from changes in capital over time;
• calculate sales, purchases, gross profit, debtors (trade receivables) and creditors (trade payables) and other figures from incomplete information;
• prepare income statements (trading and profit and loss accounts) and balance sheets;
• make adjustments to financial statements (final accounts)
• apply the techniques of mark-up, margin and stock (inventory) turnover to arrive at missing figures.

Click here to goto the revision notes

Accounting Worksheets on Depreciation and Partnership accounts

Accounting worksheets on the following topics have recently been uploaded on dineshbakshi.com

Click on the links below to goto these worksheets

• Depreciation
• Partnership Accounts
• Capital/Revenue Expenditure

Worksheet- Accounting concepts

This worksheet has description of various accounting concepts given and the students have to identify them. A short but very effective worksheet.

Click here to go to Accounting Concept Worksheet

Have fun and keep look for more worksheets on this blog and www.dineshbakshi.com

Worksheet- Trial Balance

Hi folks,

Its been long since I posted accounting worksheets on this blog. I am sorry for that as I was busy enjoying my holidays. However, now I am back and you would see a lot of buzz on this blog. Accounting will be my priority in the coming months.

Anyways, this worksheet on Trial balance tests the students on important questions. Looking at their frequency of appearance I can surely say that these questions are ‘examiner’s favorite’ .

Click here to go to Trial Balance Worksheet

IGCSE Accounting syllabus and specimen paper

You can download IGCSE Accounting (code 452) from CIE website.

Click here goto the page.

You will also find

• Specimen Papers for New syllabus applicable from June 2010 examinations
• Past question paper (November 2006)
• Marking scheme (November 2006)

IGCSE Accounting (0452) Scheme of Assessment

For students who are appearing for Jun 2010 exams or after that, will have follow the changed scheme of assessment.

There will be two compulsory papers i.e. Paper 1 and Paper 2.

These papers will contain questions based on the whole syllabus, and will be graded A to G.

Paper 1

Duration : 1¾ hours

Total marks: 120

Weighting : 50%

Structured question paper with 8–12 multiple choice items and short answer questions. Paper 1 will

usually consist of between 4 to 5 questions drawn from topics across the whole of the syllabus. All

questions are compulsory and will mainly test Knowledge and Understanding, with some Analysis

and Evaluation.

Candidates answer on the question paper.

Paper 2

Duration :1¾ hours

Total marks: 120

Weighting: 50%

Structured question paper. Paper 2 will usually consist of 4 to 6 questions drawn from topics across

the whole of the syllabus. All questions are compulsory and will test Knowledge and Understanding, but with an emphasis on Analysis and Evaluation.

Candidates answer on the question paper.