0452/22/M/J/25 Mark Scheme – Accounting May/June 2025 Paper 22

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Cambridge Accounting (0452) mark scheme for paper 22, May/June 2025 — 0452/22/M/J/25, file 0452_s25_ms_22.pdf.

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Cambridge IGCSE™
ACCOUNTING

0452/22

Paper 2 Structured

May/June 2025

MARK SCHEME
Maximum Mark: 100

Published

This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the
examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the
details of the discussions that took place at an Examiners’ meeting before marking began, which would have
considered the acceptability of alternative answers.
Mark schemes should be read in conjunction with the question paper and the Principal Examiner Report f or
Teachers.
Cambridge International will not enter into discussions about these mark schemes.
Cambridge International is publishing the mark schemes f or the May/June 2025 series f or most
Cambridge IGCSE, Cambridge International A and AS Level components, and some Cambridge O Level
components.

This document consists of 14 printed pages.
© Cambridge University Press & Assessment 2025

[Turn over

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED
Generic Marking Principles

May/June 2025

These general marking principles must be applied by all examiners when marking candidate answers. They should be applied alon gside the
specific content of the mark scheme or generic level descriptions for a question. Each question paper and mark scheme will also comply with these
marking principles.
GENERIC MARKING PRINCIPLE 1:
Marks must be awarded in line with:
•
•
•

the specific content of the mark scheme or the generic level descriptors for the question
the specific skills defined in the mark scheme or in the generic level descriptors for the question
the standard of response required by a candidate as exemplified by the standardisation scripts.

GENERIC MARKING PRINCIPLE 2:
Marks awarded are always whole marks (not half marks, or other fractions).
GENERIC MARKING PRINCIPLE 3:
Marks must be awarded positively:
•
•
•
•
•

marks are awarded for correct/valid answers, as defined in the mark scheme. However, credit is given for valid answers which go beyond
the scope of the syllabus and mark scheme, referring to your Team Leader as appropriate
marks are awarded when candidates clearly demonstrate what they know and can do
marks are not deducted for errors
marks are not deducted for omissions
answers should only be judged on the quality of spelling, punctuation and grammar when these features are specifically assess ed by the
question as indicated by the mark scheme. The meaning, however, should be unambiguous.

GENERIC MARKING PRINCIPLE 4:
Rules must be applied consistently, e.g. in situations where candidates have not followed instructions or in the application of generic level
descriptors.

Page 2 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

May/June 2025

GENERIC MARKING PRINCIPLE 5:
Marks should be awarded using the full range of marks defined in the mark scheme for the question (however; the use of the fu ll mark range may
be limited according to the quality of the candidate responses seen).
GENERIC MARKING PRINCIPLE 6:
Marks awarded are based solely on the requirements as defined in the mark scheme. Marks should not be awarded with grade thre sholds or
grade descriptors in mind.

Page 3 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

May/June 2025

Annotations guidance for centres
Examiners use a system of annotations as a shorthand for communicating their marking decisions to one another. Examiners are trained during the
standardisation process on how and when to use annotations. The purpose of annotations is to inform the standard isation and monitoring
processes and guide the supervising examiners when they are checking the work of examiners within their team. The meaning of annotations and
how they are used is specific to each component and is understood by all examiners who mark the component.
We publish annotations in our mark schemes to help centres understand the annotations they may see on copies of scripts. Note that there may
not be a direct correlation between the number of annotations on a script and the mark awarded. Similarly, the use of an annotation may not be an
indication of the quality of the response.
The annotations listed below were available to examiners marking this component in this series.
Annotations
Annotation

Meaning
Indicates a point which is relevant and rewardable
Indicates a point which is inaccurate/irrelevant and not rewardable
Used when the benefit of the doubt is given in order to reward a response
An extraneous figure or item in the statement
Own figure

Indicates that content has been recognised but not rewarded
Indicates where content has been repeated.

Page 4 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question

Answer

1(a)

Kadima
Cash Book
Date

Details

Disc
Allowed
$

2025
Mar 1
6
19
28

Balance b/d
Sophiah
Merve
Bank*

(1)
(1)

Balance b/d

Bank

2025

840
291
375

Mar 4
14
22
28
29
30
31

400

9**
Apr 1

Cash

450
62
(1)OF

Date

1506
579
(1)OF

(1)* for both entries of transfer of cash to bank
** for both totals
+(1) for dates

Page 5 of 14

May/June 2025
Marks
12

Details

Disc
Rece
$

Lee
(1)
Motor expenses (1)
Mark
(1)
Cash
(1)*
Wages
(1)
Motor expenses (1)
Balance c/d
(1)OF

Cash

Bank

196
240
400

362

14**

91
579

450

1506

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question

Answer

1(b)
Cash book balance
Cash book error (357 – 375)
Revised cash book balance
1(c)

$
579 (1)OF
(18) (1)
561 (1)OF

For requiring bank transfers and increased cash discount
Record keeping would be easier (1)
Increase in cash discount may attract more customers / increase sales (1)
Most businesses use bank transfers (1)
Money is usually safer in the bank, than being held in cash / reduces risk of theft / fraud (1)
No need to visit the bank to pay in cheques (1)
Cheques may be returned unpaid (1)
Cheques take time to clear (1)
Accept other valid points
Max (3)
Against requiring bank transfers and increased cash discount
Increased cash discount allowed would reduce profitability (1)
Bank charges may increase (1)
Some customers/suppliers may prefer to deal in cash/cheques (1)
Not all customers may have a bank account (1)
Employees may prefer to continue to be paid in cash (1)
Accept other valid points
Max (3)
Overall For and Against: Max (4)
Recommendation (1)

Page 6 of 14

May/June 2025
Marks
3

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question
2(a)

May/June 2025

Answer

Marks

Farah and Salma
Appropriation Account for the year ended 28 February 2025
$
$
Profit for the year
38 175
Add Interest on drawings Farah
*95 (1)
Salma
**210 (1)
305
38 480
Less
Interest on capital: Farah
1 040 }
Salma
1 500 } (1)
2 540
Salary – Farah
11 200 (1)
13 740
24 740
7 422 (1) OF
Profit share: Farah (30%  24 740)
17 318 (1) OF
24 740
Salma (70%  24 740)

(Farah (14 250  4%  2/12) =95* Salma (14 250  4%  2/12) + (5 750  4%  6/12) = 210**
2(b)

Farah
Current account
Date
Details
2025
Feb 28 Drawings
Interest on drawings
Balance c/d

$
(1)
(1)OF

14 250
95
8 767

Date
2024
Mar 1
2025
Feb 28

Details
Balance b/d

Mar 1

$
(1)

3 450

Interest on capital
Salary
Share of profit

(1)OF
(1)
(1)OF

Balance b/d

(1)OF

1 040
11 200
7 422
23 112
8 767

23 112

Page 7 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question
2(c)

Answer
There may be insufficient money in the bank / reduces liquidity (1)
There may be a limit on drawings (stated in the partnership agreement) (1)
May damage the relationship between the partners (1)
Salma would have to pay interest on drawings (1)
Accept other valid points

May/June 2025
Marks
2

Max (2)
2(d)

Advantages of converting to a limited company
Easier to raise capital / finance / loans (1)
Shareholders have limited liability (1)
Workload / responsibility is shared (1)
Profit may increase (1)
Farah receives an increase in salary (1)
Limited company has continuity of existence / there is separate legal identity (1)
Accept other valid points
Max (3)
Disadvantages of converting to a limited company
Farah and Salma would lose control (1)
The brothers may have no business experience (1)
Increased legal and administrative costs (1)
Cash / profit may be reduced to pay salaries/dividends (1)
The investment may not be sufficient to fund the expansion (1)
Accept other valid points
Max (3)
Overall Advantages and Disadvantages: Max (4)
Recommendation (1)

Page 8 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

May/June 2025

Question

Answer

3(a)

Jasmine
Provision for depreciation of motor vehicles account
Date
2025
Mar 31

Details

Balance c/d

13 750
13 750

Marks
4

Date
Details
2024
Apr 1 Balance b/d
(1)
2025
Mar 31 Income statement * (2)CF or (1)**
2025
Apr 1 Balance b/d

$
7 000
6 750
13 750

(1)OF

13 750

* (16 000 – 7 000 + 18 000 =) 27 000  25% = 6 750 **2250 or 4500 = 1 must be a credit entry with IS label
3(b)

Jasmine
Provision for doubtful debts account
Date
2025
Mar 31

Details
Income statement (1)OF
Balance c/d

$
21
345
366

Date
2024
Apr 1

Details
Balance b/d

$
(1)

366
366

2025
Apr 1

Balance b/d*

* (11 800 – 300 =) 11 500  3% = 345

Page 9 of 14

(2)CF or (1)

345

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question

Answer

3(c)

Jasmine
Rent and Rates account
Date
2024
Apr 1
2025
Mar 31

Apr 1
3(d)

Details

Balance b/d

(1)

900

Bank
Balance c/d

(1)

14 960
185

Balance b/d

(1)

Date
Details
2024
Apr 1 Balance b/d
2025
Mar 31 Income statement
Balance c/d

16 045
925

Apr 1 Balance b/d

Jasmine
Statement of Financial Position as at 31 March 2025
Current Assets
Trade receivables (11 800 – 300)
Less Provision for doubtful debts
Other receivables

$
11 500
345
11 155
925
12 080

May/June 2025
Marks
6
$
(1)

270

(1)OF

14 850
925

(1)

16 045
185
3

OF
(1)OF
(1)
(1)OF

3(e)(i)

Depreciation is charged using the same method each year. (1)

3(e)(ii)

Obtaining credit references / Establishing credit limits (1)
Sending invoices and statements promptly (1)
Improve credit control / monitoring/investigating/chasing overdue accounts (1)
Refusing to supply customers until outstanding amounts have been paid (1)
Taking legal action (1)
Max (1)

3(e)(iii)

Matching / accruals (1)

Page 10 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

May/June 2025

Question

Answer

Marks

4(a)

Bilal
Journal

Error
number
1
2
3
4

Details

Debit
$

Cash
Purchases

185 (1)

Motor expenses
Bank

27 (1)

Credit
$
185 (1)
27 (1)

Bank loan
Capital

2000 (1)

Purchases
Moira
Maya

168 (1)

Drawings
Insurance

130 (1)

2000(1)
84 (1)
84 (1)
130 (1)

Page 11 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question

Answer

4(b)

4(c)

May/June 2025
Marks

Original profit for the year
Error 1
Error 2
Error 4
Error 5

$
12 930
185
(27)
(168)
130

5
(1)
(1)
(1)
(1)

Draft profit for the year after correcting errors

13 050

(1)OF

$
6 200
13 050 (1)OF
2 000 (1)
21 250
(11 390) (1)

Capital at 1 January 2024
Revised draft profit
Capital introduced
Less Drawings (11 260 + 130)
Capital at 31 December 2024

9 860

(1)OF

Question

Answer

5(a)

Rexford
Purchases ledger control account
Date
2024
Dec 31

Details

Marks

Date

4
Details

2024
Bank
}
Discount received
} (1)
Balance c/d (5 680  1.25)

68 100
380
7 100
75 580

Jan 1
Dec 31

Balance b/d
Purchases

(1)
(1)OF

5 680
69 900
75 580

2025
Jan 1

Page 12 of 14

Balance b/d

(1)

7 100

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question
5(b)

Answer
Rexford
Income statement for the year ended 31 December 2024
$
Revenue (69 500  1.5)
Cost of sales
Opening inventory
6 000
Purchases
69 900 OF
75 900
Less Closing inventory
6 400 (1)
Gross profit
Discount received
Rent and insurance (10 120 + 300)
General expenses
Wages
Depreciation on fixtures and fittings (20%  28 000)
Profit for the year

5(c)

May/June 2025

10 420 (1)
4 730
6 400
5 600 (1)

Marks
8
$
104 250 (1)OF

69 500 (1)OF
34 750 (1)OF
380 (1)
35 130

27 150
7 980 (1)OF

21 750 + 104 250 (1)OF – 103 200(1) = 22 800(1)OF*
*(Opening trade receivables + Revenue (OF) – Receipts from sales = Closing trade receivables (OF)

Page 13 of 14

0452/22

Cambridge IGCSE – Mark Scheme
PUBLISHED

Question
5(d)

Answer
For employing a bookkeeper
More reliable records / more accurate records / less errors (1)
More up-to-date figures available, e.g. bank, trade receivables, trade payables (1)
Time freed up for other tasks (1)
Payments to trade payables will be monitored so that more cash discount is claimed (1)
More detailed records would be available for reference purposes / easier to prepare financial statements (1)
Accept other valid points
Max (2)
Against employing a bookkeeper
The salary would reduce profit / increases expenses (1)
There would be a reduction in cash/liquidity. (1)
The money may be better spent elsewhere e.g. new fixtures and fittings (1)
The book-keeper will not prepare the financial statements (1)
Accept other valid points
Max (2)
Overall For and Against: Max (4)
Recommendation (1)

Page 14 of 14

May/June 2025
Marks
5

Accounting (0452) · May/June 2025 · Mark scheme 22

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