Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel International GCSE
Afternoon (Time: 1 hour 15 minutes) Paper
reference 4AC1/02
Accounting 🟐 🟐
Level 1/2
PAPER 2: Financial Statements
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 your name,
centre number and candidate number.
•• Answer all questions.
Answer the questions in the spaces provided
• Calculators may be used.
– there may be more space than you need.
Information
•• The total mark for this paper is 50.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
Advice
• Read each question carefully before you start to answer it.
• Check answer
Try to every question.
• your answers if you have time at the end.
Pearson Edexcel International GCSE Accounting (4AC1/02)
Question Paper and Mark Scheme 2026
, Answer ALL questions. Write your answers in the spaces provided.
DO NOT WRITE IN THIS AREA
1 Josh, a manufacturer, provided the following information for the year ended
31 March 2025.
Inventory 1 April 2024 31 March 2025
$ $
Raw materials 12 630 16 350
Work-in-progress 11 850 13 270
Finished goods 20 500 31 110
$
Non-current assets
– cost 145 800
DO NOT WRITE IN THIS AREA
– provision for depreciation 53 200
Administrative expenses 19 600
Carriage outwards 3 180
Electricity 12 600
Insurance 12 000
Purchases
– finished goods 14 000
– raw materials 164 830
Rent 53 500
Revenue 502 500 DO NOT WRITE IN THIS AREA
Royalties 6 000
Wages
– administrative expenses 29 600
– factory supervisor 22 500
– production 94 100
2
■■■■
, Additional information at 31 March 2025
• Electricity accrued was $1 400 and rent paid in advance was $8 900
DO NOT WRITE IN THIS AREA
• Non-current assets are depreciated at 15% per annum using the reducing
balance method.
• Depreciation, rent, electricity and insurance are apportioned 80% to the factory
and 20% to administrative expenses.
DO NOT WRITE IN THIS AREA
DO NOT WRITE IN THIS AREA
3
■■■■ Turn over
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel International GCSE
Afternoon (Time: 1 hour 15 minutes) Paper
reference 4AC1/02
Accounting 🟐 🟐
Level 1/2
PAPER 2: Financial Statements
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 your name,
centre number and candidate number.
•• Answer all questions.
Answer the questions in the spaces provided
• Calculators may be used.
– there may be more space than you need.
Information
•• The total mark for this paper is 50.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
Advice
• Read each question carefully before you start to answer it.
• Check answer
Try to every question.
• your answers if you have time at the end.
Pearson Edexcel International GCSE Accounting (4AC1/02)
Question Paper and Mark Scheme 2026
, Answer ALL questions. Write your answers in the spaces provided.
DO NOT WRITE IN THIS AREA
1 Josh, a manufacturer, provided the following information for the year ended
31 March 2025.
Inventory 1 April 2024 31 March 2025
$ $
Raw materials 12 630 16 350
Work-in-progress 11 850 13 270
Finished goods 20 500 31 110
$
Non-current assets
– cost 145 800
DO NOT WRITE IN THIS AREA
– provision for depreciation 53 200
Administrative expenses 19 600
Carriage outwards 3 180
Electricity 12 600
Insurance 12 000
Purchases
– finished goods 14 000
– raw materials 164 830
Rent 53 500
Revenue 502 500 DO NOT WRITE IN THIS AREA
Royalties 6 000
Wages
– administrative expenses 29 600
– factory supervisor 22 500
– production 94 100
2
■■■■
, Additional information at 31 March 2025
• Electricity accrued was $1 400 and rent paid in advance was $8 900
DO NOT WRITE IN THIS AREA
• Non-current assets are depreciated at 15% per annum using the reducing
balance method.
• Depreciation, rent, electricity and insurance are apportioned 80% to the factory
and 20% to administrative expenses.
DO NOT WRITE IN THIS AREA
DO NOT WRITE IN THIS AREA
3
■■■■ Turn over
