Mark Scheme

September 2020

Pearson LCCI Certificate in Bookkeeping

(VRQ)
Level 1 (ASE20091)
LCCI Qualifications

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Publication Code: 65363_MS

All the material in this publication is copyright
© Pearson Education Ltd 2020

2 ASE20091
September 2020
General Marking Guidance

• All candidates must receive the same treatment. Examiners must mark the first
candidate in exactly the same way as they mark the last.

• Mark schemes should be applied positively. Candidates must be rewarded for what
they have shown they can do rather than penalised for omissions.

• Examiners should mark according to the mark scheme not according to their
perception of where the grade boundaries may lie.

• There is no ceiling on achievement. All marks on the mark scheme should be used
appropriately.

• All the marks on the mark scheme are designed to be awarded. Examiners should
always award full marks if deserved, i.e. if the answer matches the mark scheme.
Examiners should also be prepared to award zero marks if the candidate’s response
is not worthy of credit according to the mark scheme.

• Where some judgement is required, mark schemes will provide the principles by
which marks will be awarded and exemplification may be limited.

• When examiners are in doubt regarding the application of the mark scheme to a
candidate’s response, the team leader must be consulted.

• Crossed out work should be marked UNLESS the candidate has replaced it with an
alternative response.

3 ASE20091
September 2020
Question Answer (AO2) 1 Mark
Number
1(a)(i) Award mark as indicated by *.

Receipt number: 933

Receipt Date: 6 April 2020

Customer: Reg *

Amount $1 350 * Tick () payment

method

Cash

✓ * Cheque

Other

Received by: Ronnie *

(1)

Question Answer (AO2) 4 Mark

Number
1(a)(ii) Award marks as indicated.

Ronnie
Trogg Street Andover SP11 1AB Invoice

Number: 1966
Customer: Reg Date: 8 April 2020

Quantity Description Unit Cost Total Cost

$ $

10 Wooden huts 485 4 850 (1)

Subtotal 4 850 (1of)

Trade discount 485 (1of)

Total 4 365 (1of)

(4)

4 ASE20091
September 2020
Question Answer (AO2) 3 Mark
Number
1(a)(iii) Award marks as indicated.

Ronnie
Trogg Street Andover SP11 1AB Invoice

Number: 1967
Customer: Pete Date: 14 April 2020

Quantity Description Unit Cost Total Cost

$ $

7 Metal huts 375

2 625 (1)

Subtotal 2 625

Trade discount - (1of)

Total 2 625 (1of)

(3)

Question Answer (AO2) 4 Mark

Number
1(a)(iv) Award marks as indicated.

Ronnie
Trogg Street Andover SP11 1AB Credit note

Number: 365
Customer: Reg Date: 20 April 2020

Quantity Description Unit Cost Total Cost

$ $

2 Wooden huts 485 970 (1)

Subtotal 970 (1of)

Trade discount (97)(1of)
Total 873 (1of)

(4)

5 ASE20091
September 2020
Question Answer (AO2) 1 Mark
Number
1(a)(v) Award mark as indicated by *.

Receipt Receipt number: 934

Date: 25 April 2020

Customer: Pete *

Amount $6 600 * Tick () payment method

Cash

✓ * Cheque

Other

Received by: Ronnie *

(1)

Question Answer (AO2) 3

Number Mark
1(b)(i) Award marks for correct dates, details and amounts in combination.

Pete Account
Date Details $ Date Details $

1 April Balance b/d 3 975 25 April Cash book 6 600

(1) (1)

14 April Sales (day 2 625

book) (1of)

6 600 6 600

(3)

6 ASE20091
September 2020
Question Answer (AO2) 6
Number Mark
1(b)(ii) Award marks for correct dates, details and amounts in
combination.

Reg Account
Date Details $ Date Details $

1 April Balance b/d 1 410 6 April Cash book 1 350

(1) (1)

8 April Sales (day 4 365 Cash book/ 60

book) (1of) Discount (1)
allowed
20 April Returns 873
inwards (1of)
(day book)
30 April Balance c/d 3 492

5 775 5 775

1 May Balance b/d 3 492

(1of)

(6)

TOTAL FOR QUESTION 1 = 22 MARKS

7 ASE20091
September 2020
 Question Answer (AO1) 1 Mark
Number
2(a) Award one mark for correct answer.

B (1) (1)

Question Answer (AO2) 2

Number Mark
2(b) Award marks as indicated.

$89.10 (2) W

W
$
150
(60.90) (1)
89.10 (1of)

OR
$
53.90
35.20 (1)
89.10 (1of)

(2)
Additional guidance
No specific layout required.
Correct answer only scores 2 marks.

Question Answer (AO2) 8 Mark

Number
2(c) Award 1 mark for correct dates, details and amounts in combination.

Cash Book

Date Details Cash Bank Date Details Cash Bank

June June
$ $ $ $
1 Balance b/d 410.60 1 Balance b/d 1 349.50 (1)
(1)
26 Keith/ Trade 4 375.00 11 Electricity 85.00
receivables (1) (1)
ledger control
20 Motor expenses 175.00 (1)

30 Petty cash 89.10 (1of)

30 Balance c/d 235.60 2 851.40

410.60 4 375.00 410.60 4 375.00

1 Balance b/d 235.60 2 851.40

July (1of) (1of)

(8)
`

8 ASE20091
September 2020
Question Answer (AO2) 4 Mark
Number
2(d) Award one mark for each correct figure with label as indicated.
Fender Trading
Bank reconciliation statement at 30 June 2020
$ $

Balance as per cash book 2 851.40

(1of)
Unpresented cheques:
Cash 89.10
(1of)
2 940.50

Outstanding lodgements:
Keith (4 375.00)
(1)
Balance as per bank statement (1 434.50)
(1)

(4)

Question Answer (AO2) 4

Number Mark
2(e) Award marks for correct dates, details and amounts in
combination.

Motor Expenses Account

Date Details $ Date Details $

1 Balance 2 964.00 30 Statement of 3 151.00

June b/d (1) June profit or loss (1of)

30 Petty cash 12.00

June book (1)
Cash book 175.00
(1)
3 151.00 3 151.00

(4)

TOTAL FOR QUESTION 2 = 19 MARKS

9 ASE20091
September 2020
Question Answer (AO1) 1 Mark
Number
3(a) Award one mark for correct answer.

C (1) (1)

Question Answer (AO1) 1 Mark

Number
3(b) Award one mark for correct answer.

B (1) (1)

Question Answer (AO2) 10

Number Mark
3(c) Award 1 mark for each correct figure as indicated.
Award 1 mark for all correct details and dates.

Trade Payables Ledger Control Account

Date Details $ Date Details $

1 June Balance 313 1 June Balance 10 897
b/d (1) b/d (1)
31 May Cash book/ 764 31 May Purchases 122 840
Discount (1) day book (1)
received
Cash book 114 767 Journal/ 45
(1of) Interest (1)
charged
Returns 1 640
outwards (1)
day book
Journal/ 3 955
Trade (1)
receivables
ledger
control
Balance c/d 12 343

133 782 133 782

1 June Balance 12 343
b/d (1)

(10)

10 ASE20091
September 2020
Question Answer (AO2) 3
Number Mark
3(d)(i) Award marks as indicated.

$122 962 (3) W

W
$
122 840
(1 640) (1)
1 762 (1)
122 962 (1of)
(3)
Additional guidance
No specific layout required.
Correct answer only scores 3 marks.

Question Answer (AO2) 2

Number Mark
3(d)(ii) Award marks as indicated.

$237 650 (2) W

W
$
238 800
(1 150) (1)
237 650 (1of)
(2)
Additional guidance
No specific layout required.
Correct answer only scores 2 marks.

Question Answer (AO3) 2 Mark

Number
3(e) Award one mark for identification and one mark for linked
justification.

This could be due to goods being returned after the account balance had
been paid (1) which means that the supplier owes their customer (1)

Accept any other appropriate responses. (2)

TOTAL FOR QUESTION 3 = 19 MARKS

ASE20091
11 September 2020
Question Answer (AO1) 1 Mark
Number
4(a)(i) Award one mark for correct answer.

B (1) (1)

Question Answer (AO1) 1 Mark

Number
4(a)(ii) Award one mark for correct answer.

C (1) (1)

Question Answer (AO2) 10

Number Mark
4(b) Award marks as indicated.

Error Account to be Account to be

debited credited
Sales had been credited to Purchases (1) Sales (1)
the purchases account.

A standing order for Insurance (1) Bank (1)

insurance had been debited
to the bank account and
credited to the insurance
account.
A cheque received for rental Bank (1) Rental income (1)
income had not been
recorded.

A cheque paid to Bob, a credit Bob (1) Rob (1)

supplier, had been entered in
the account of Rob.

Cash, withdrawn from the Drawings (1) Bank (1)

bank for private use, had not
been recorded.

(10)

ASE20091
12 September 2020
Question Answer (AO1) 5
Number Mark
4(c) Award marks as indicated.

Debit side Credit side

Bank interest paid 

(1)

Bank interest received 

(1)

Bank overdraft 
(1)

Carriage inwards 
(1)

Carriage outwards 
(1)

(5)

Question Answer (AO3) 2

Number
Mark
4(d) Award one mark for identification and one mark for linked
justification.

When preparing a trial balance the totals of the trial balance should be
equal (1) if not then errors may be present (1)

Accept any other appropriate responses.

(2)

TOTAL FOR QUESTION 4 = 19 MARKS

ASE20091
13 September 2020
Question Answer (AO3) 2 Mark
Number
5(a) Award one mark for identification and one mark for linked
justification.

Going concern concept (1)

As it assumes that the business will continue into the foreseeable future
with no need to sell the non-current assets (1).

Accept any other appropriate responses. (2)

Question Answer (AO2) 1

Number Mark
5(b)(i) Award mark as indicated.

$11 895 (1)

(1)
Additional guidance
No specific layout required.
Correct answer only scores 1 mark.

Question Answer (AO2) 1

Number Mark
5(b)(ii) Award mark as indicated.

$4 972 (1)
(1)
Additional guidance
No specific layout required.
Correct answer only scores 1 mark.

Question Answer (AO2) 1

Number Mark
5(c) Award mark as indicated.

$81 917 (1of)

(1)
Additional guidance
No specific layout required.
Correct answer only scores 1 mark.

ASE20091
14 September 2020
Question Answer (AO2) 12 Mark
Number
5(d)(i) Award marks as indicated.

Chang
Statement of financial position at 31 July 2020

Assets
Non-current assets Cost Accumulated Carrying
depreciation value
$ $ $

Equipment 79 300 45 195 (1of) 34 105 (1of)

Motor vehicles 39 780 19 892 (1of) 19 888 (1of)

119 080 65 087 53 993

Current assets

Inventory 44 200

Trade receivables 18 325

Other receivables 150 (1)

Bank 11 772 74 447

Total assets 128 440 (1of)

Equity and liabilities

Equity

Opening balance 64 200

Profit for the year 81 917 (1of)

Drawings (39 500)

Total equity 106 617 (1of)

Non-current
liabilities

Bank loan (2030) 15 000

Current liabilities

Trade payables 6 733

Other payables 90 (1) 6 823 (1of)

Total liabilities 21 823 (1of)

Total equity and 128 440 (1of)

liabilities

(12)
ASE20091
15 September 2020
Question Answer (AO2) 4
Number Mark
5(d)(ii) Award 1 mark for each correct figure as indicated.
Award 1 mark for all correct details and dates.

Equity Account

Date Details $ Date Details $

31 July Drawings 39 500 1 August Balance b/d 64 200

(1)

Balance c/d 106 617 31 July Statement of 81 917

profit or loss
(1of)

146 117 146 117

1 August Balance b/d 106 617

(1of)

(4)

TOTAL FOR QUESTION 5 = 21 MARKS

TOTAL FOR PAPER = 100 MARKS

ASE20091
16 September 2020