Igcse accounting Study guides, Class notes & Summaries

IGCSE Accounting Notes Contents Accounting Equation...............................................................................................................................3 Ledger Accounts......................................................................................................................................4 Trial Balance............................................................................................................................................5 Error...

EDEXCEL IGCSE Business Studies Exam Questions & Answers 2023 Above-the-line promotion - ANSWER-Placing adverts using the media. Acid test ratio - ANSWER-Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - ANSWER-Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - ANSWER-An intermediary that brings together buyers and seller...

Notes required for CIE IGCSE Accounting (0452) which covers the whole syllabus. A* standard notes.

IGCSE Economics Section Unit 5 Revision Notes 2023. Living standards or standards of living refer to all the factors that contribute to a person’s well-being and happiness Measuring Living Standards  GDP per head/capita: this measures the average income per person in an economy. Real GDP per capita = Real GDP / Population Merits of using GDP per capita to measure living standards:  GDP is a useful measure of the total production taking place in the country, and so indicates the m...

IGCSE Economics Section Unit 5 Revision Notes. Living Standards Living standards or standards of living refer to all the factors that contribute to a person’s well-being and happiness Measuring Living Standards  GDP per head/capita: this measures the average income per person in an economy. Real GDP per capita = Real GDP / Population Merits of using GDP per capita to measure living standards:  GDP is a useful measure of the total production taking place in the country, and so in...

IGCSE™ ACCOUNTING 0452/13 Paper 1 Multiple Choice October/November 2021

The historical cost principle This principle requires that all assets are normally shown at cost price. It is the cost price that is used as a basis of valuation of an asset. The business entity principle This principle implies that the affairs of the business are treated as being separate from the nonbusiness activities of its owner/s. The dual aspect principle This principle states that there are two aspects to every transaction. One account is always debited and another is cr...

IGCSE™ ACCOUNTING 0452/12 Paper 1 May/June 2021 MARK SCHEME

Accounting Principles IGCSE with 100% correct answers

EDEXCEL IGCSE Business Studies, latest updated Above-the-line promotion Placing adverts using the media. Acid test ratio Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker An intermediary that brings together buyers and sellers. Anti-competitive practices...