Use this ZIMSEC A-Level Accounting Paper 1 November 2023 marking scheme for checking answers, revision, and exam preparation in Zimbabwe.
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Questions: ZIMSEC A-Level Accounting Paper 1 November 2023 Question Paper
This is the ZIMSEC A-Level Accounting marking scheme for Paper 1 from November 2023. It shows how marks are awarded, so you can mark your own answers to the matching question paper. The paper code is 6001/1. See the question paper.
'A' LEVEL ACCOUNTING
ZIMSEC 6001/1 NOVEMBER 2023
SUGGESTED MARKING SCHEME
19
1 | D
2 | B
3 | D
4 | C
5 | C
6 | A
7 | A
8 | A
9 | D
10 | D
11 | D
12 | C
13 | C
14 | B
15 | B
| $$$ | & $$$
Balance b/d | 71390 | Bank | 158725
Sales | $\underline{\underline{149000}}$ | Balance c/d | $\underline{\underline{61665}}$ | $\underline{\underline{220390}}$ | & $\underline{\underline{220390}}$
16 | B
17 | B
18 | A
\[
\begin{aligned}
\text { Income gearing } | =\frac{\text { Interest expense }}{\text { Profit from operations }} \times 100 | =\frac{$ 12000}{$ 80000} \times 100 | =\mathbf{1 5 \%}
\end{aligned}
\]
Trade Receivables Ledger Account
\begin{table}
\captionsetup{labelformat=empty}
\caption{B}
\multicolumn{4}{c}{ Subscriptions Account }
| \multicolumn{1}{c}{$$$} | & \multicolumn{1}{c}{$$$}
Balance b/d (owing) | 20000 | Balance b/d (prepaid) | 50000
Income \& Expenditure | 285000 | Bank | 300000
Balance c/d (prepaid) | $\underline{60000}$ | Balance c/d (owing) | $\underline{\underline{15000}}$ | $\underline{\underline{365000}}$ | & $\underline{\underline{365000}}$
\end{table}
20
D
21
D
22
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