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™ Cambridge IGCSE ACCOUNTING 0452/13 Paper 1 Multiple Choice October/November 2025 1 hour 15 minutes You must answer on the multiple choice answer sheet. *8662043287* You will need: Multiple choice answer sheet Soft clean eraser Soft pencil (type B or HB is recommended) INSTRUCTIONS  There are thirty-five 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 multiple choice answer sheet.  Follow the instructions on the multiple choice answer sheet.  Write in soft pencil.  Write your name, centre number and candidate number on the multiple choice answer sheet in the spaces provided unless this has been done for you.  Do not use correction fluid.  Do not write on any bar codes.  You may use a calculator. INFORMATION  The total mark for this paper is 35.  Each correct answer will score one mark.  Any rough working should be done on this question paper. This document has 12 pages. 11_0452_13_2025_1.8 b © UCLES 2025 [Turn over

2 1 What is a purpose of calculating the profit of a sole trader? A to analyse the performance of the business against previous years B to decide on the amount of dividend to be paid to the shareholders C to reconcile the cash book balance with the bank statement balance D to work out the liquidity of the business 2 What increases owner’s capital? A bank loan extended from five to ten years B purchase of inventory on credit C purchase of machinery by cheque D transfer of vehicle to the business from private use 3 Accounting data is processed through various stages using the double entry system. Which stage checks the arithmetical accuracy of the double entry? A financial statements B journals C ledgers D trial balance 4 Ann is a trader. On 1 April, Cindy’s account in Ann’s ledger showed a credit balance of $520. The following transactions took place during April. April 2 Ann returned goods for $30 to Cindy. April 14 Ann bought goods for $210 from Cindy and paid in cash. Which statement about the balance on Cindy’s account in Ann’s ledger on 30 April is correct? A Ann owes Cindy $490. B Ann owes Cindy $700. C Cindy owes Ann $490. D Cindy owes Ann $700. © UCLES 2025 11_0452_13_2025_1.8 b

3 5 Hasina buys radios from Nazneen at a list price of $10 each. This month , Hasina bought 12 radios and was offered 20% trade discount and 4% cash discount. Two radios were faulty and were returned to Nazneen. What was the total of the credit note issued by Nazneen? A $15.36 B $16.00 C $19.20 D $20.00 6 On 1 March, the bank column of a cash book had a credit balance of $290. During March, cheques totalling $580 were received and cheques totalling $610 were paid to suppliers. Bank charges of $12 incurred in February were also entered in the cash book. What was the balance of the bank column in the cash book on 1 April? A $248 credit B $248 debit C $332 credit D $332 debit 7 Which statement is correct? A Both sales ledger and purchases ledger accounts may contain amounts for cash discounts. B Discount allowed is to reward regular purchases. C Discount received is recorded on the debit side of a three - column cash book. D The double entry system is used to record trade discount. 8 The totals of a trial balance do not agree because the debit total is more than the credit total. Which error would have to be corrected to balance the trial balance? A expenses paid in cash omitted from the accounting records B goods sold on credit to Smith debited to the account of Small C repairs to equipment debited to the equipment account D total of the sales returns account overcast © UCLES 2025 11_0452_13_2025_1.8 b [Turn o ver