Pearson Edexcel IGCSE · Accounting

Ledger accounting: Practice Questions

5 multiple-choice questions marked as you go, and 2 written questions with worked solutions. All on Ledger accounting.

7 questions14 marksFree, no account
Question 1
1 mark

What is the correct double entry to record a cash sale of goods?

Question 2
1 mark

In which ledger would the Carriage Outwards account and the personal account of a credit customer, J. Smith, be located?

Question 3
1 mark

Which sequence correctly identifies the book of original entry and the ledger accounts used to record a credit sale of \( \$500 \) to A. Bee?

Question 4
1 mark

Which of the following describes the primary purpose of the nominal ledger?

Question 5
1 mark

Which of the following describes the correct accounting entry for a contra entry involving a person who is both a customer and a supplier?

Question 6
3 marks

Explain the primary purpose of the nominal ledger in a double-entry bookkeeping system and identify one type of account that would be found within it.

Write your answer out first, then check it against the worked solution.

Question 7
6 marks

Explain why individual customer accounts are kept in a subsidiary ledger rather than the nominal ledger, and how the balances from these accounts are represented in the trial balance.

Write your answer out first, then check it against the worked solution.

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