Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel International GCSE
Monday 12 May 2025
Afternoon (Time: 2
hours)
Paper
referenc
e
4AC1/01R
Accountin 🟐 🟐
gLevel 1/2
PAPER 1: Introduction to
Bookkeeping and Accounting
You do not need any other materials. Total Marks
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with
centre number and candidate number.
•
• Answer
your all
name,
Answer the questions in the spaces
provided – there may be more space
• questions.
than you need.
Calculators may be used.
Information
• The total mark for this paper is 100.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each question.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.
Turn over
, SECTION A
Answer ALL questions in this section. Write your answers in the spaces provided.
AREA
DO NOT WRITE IN THIS
For questions 1–10, choose an answer A, B, C or D and put a cross in the box .
If you change your mind about an answer, put a line
through the box and then mark your new answer
with a cross .
1 Which document indicates a business’s intention to buy goods from a supplier?
A Credit note
B Purchase invoice
C Purchase order
D Remittance advice
(Total for Question 1 = 1 mark)
2 When would a business issue an
invoice?
AREA
DO NOT WRITE IN THIS
A Goods returned by a cash
customer
B Goods returned by a credit
customer
C Goods sold to a cash customer
(Total for Question 2 = 1 mark)
D Goods sold to a credit
customer
3 Which book of original entry is used to record the purchase of a
non-current asset on credit?
A Cash book
B Journal
C Petty cash book
AREA
DO NOT WRITE IN THIS
D Purchases day book
(Total for Question 3 = 1 mark)
, 4 Which account balance could appear on either the debit side or the
credit side of a trial balance?
A Bank
DO NOT WRITE IN THIS
B Cash
C Drawings
D Equity
(Total for Question 4 = 1 mark)
AREA
5 When is a suspense account opened?
A Business makes a loss for the
year
B Business makes a profit for
the year
C Trial balance balances
D Trial balance does not balance (Total for Question 5 = 1 mark)
DO NOT WRITE IN THIS
6 When would a business allow a customer a cash discount?
A Customer had purchased previously
B Customer paid in cash
C Customer paid their account within stated time
D Customer purchased a large amount of goods
AREA
(Total for Question 6 = 1 mark)
7 Which of the following pairs of accounts always has a credit balance?
A Assets and expenses
B Equity and expense
DO NOT WRITE IN THIS
C Income and assets
D Liabilities and income
(Total for Question 7 = 1 mark)
AREA
Centre Number Candidate Number
Pearson Edexcel International GCSE
Monday 12 May 2025
Afternoon (Time: 2
hours)
Paper
referenc
e
4AC1/01R
Accountin 🟐 🟐
gLevel 1/2
PAPER 1: Introduction to
Bookkeeping and Accounting
You do not need any other materials. Total Marks
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with
centre number and candidate number.
•
• Answer
your all
name,
Answer the questions in the spaces
provided – there may be more space
• questions.
than you need.
Calculators may be used.
Information
• The total mark for this paper is 100.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each question.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.
Turn over
, SECTION A
Answer ALL questions in this section. Write your answers in the spaces provided.
AREA
DO NOT WRITE IN THIS
For questions 1–10, choose an answer A, B, C or D and put a cross in the box .
If you change your mind about an answer, put a line
through the box and then mark your new answer
with a cross .
1 Which document indicates a business’s intention to buy goods from a supplier?
A Credit note
B Purchase invoice
C Purchase order
D Remittance advice
(Total for Question 1 = 1 mark)
2 When would a business issue an
invoice?
AREA
DO NOT WRITE IN THIS
A Goods returned by a cash
customer
B Goods returned by a credit
customer
C Goods sold to a cash customer
(Total for Question 2 = 1 mark)
D Goods sold to a credit
customer
3 Which book of original entry is used to record the purchase of a
non-current asset on credit?
A Cash book
B Journal
C Petty cash book
AREA
DO NOT WRITE IN THIS
D Purchases day book
(Total for Question 3 = 1 mark)
, 4 Which account balance could appear on either the debit side or the
credit side of a trial balance?
A Bank
DO NOT WRITE IN THIS
B Cash
C Drawings
D Equity
(Total for Question 4 = 1 mark)
AREA
5 When is a suspense account opened?
A Business makes a loss for the
year
B Business makes a profit for
the year
C Trial balance balances
D Trial balance does not balance (Total for Question 5 = 1 mark)
DO NOT WRITE IN THIS
6 When would a business allow a customer a cash discount?
A Customer had purchased previously
B Customer paid in cash
C Customer paid their account within stated time
D Customer purchased a large amount of goods
AREA
(Total for Question 6 = 1 mark)
7 Which of the following pairs of accounts always has a credit balance?
A Assets and expenses
B Equity and expense
DO NOT WRITE IN THIS
C Income and assets
D Liabilities and income
(Total for Question 7 = 1 mark)
AREA
