What this practice covers
These questions are drawn from past CIE 0452 Accounting papers and filtered to other payables and other receivables. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising practice questions →
What examiners see students get wrong here
These are the errors that cost marks on other payables and other receivables, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Reversing the treatment: adding a prepayment to the expense instead of deducting it.
- Putting prepaid expenses among current liabilities.
- Treating income received in advance as an asset.
- Adjusting the income statement and forgetting the statement of financial position, or the reverse.
- Ignoring the opening accrual or prepayment and adjusting only for the closing one.
- Using the amount paid as the expense when the question clearly gives adjustments.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Other payables and other receivables revision notes.