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Cambridge IGCSE Accounting

4.3Other payables and other receivables

Other payables and other receivables in Cambridge IGCSE Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic35 practice questions2 lessons

Learning objectives

What the syllabus expects you to be able to do.

  1. 4.3.1Explain the importance of matching costs and revenues.
  2. 4.3.2Prepare journal entries and ledger accounts for accrued and prepaid expenses and incomes.

Lessons

  • Accrued and prepaid expenses

    35 min

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  • Accrued and prepaid income

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Other payables and other receivables: sample question

1 mark

Which accounting concept requires accruals and prepayments to be adjusted at the year end?

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