If you’re preparing for the Cambridge O Level Accounting exam, then practicing with real past papers is an essential strategy for success. The 2020 Cambridge O/L Accounting Past Paper – Part 2 provides a unique opportunity to test your understanding and application of key accounting concepts in a structured question format. At EDUS Wiki, we are committed to supporting Sri Lankan students on the Cambridge exam path by offering free, syllabus-aligned past paper resources.
This Part 2 paper of the Cambridge 7110 series focuses on extended response questions, requiring students to demonstrate in-depth comprehension and practical skills. Unlike the multiple-choice format of Paper 1, this paper tests analytical thinking, accuracy in preparation of financial statements, and interpretation of financial data — all critical competencies in accounting.
Sri Lankan students aiming to perform well in their O Level exams will benefit from using this paper as a benchmark. The questions in Part 2 reflect real-world accounting problems that challenge students to apply theory to practice. By working through this paper, you not only revise the syllabus content but also develop exam strategies such as time management, logical structuring of answers, and appropriate use of accounting terminology.
At EDUS Wiki, we’ve made this paper available for free download, alongside solutions and topic guidance. Whether you’re studying independently or through online classes, this paper can give you the edge you need. Prepare smart, revise right — start with the 2020 Cambridge O/L Accounting Past Paper – Part 2, available now on EDUS Wiki.
Detailed Examination of Topic
What’s Inside the 2020 Cambridge O/L Accounting Part 2 Paper?
The 2020 Paper 2 of the Cambridge O/L Accounting exam is designed to assess a student’s deeper understanding of accounting procedures, presentation, and analysis skills. The paper typically includes structured, scenario-based questions requiring detailed responses, calculations, and reasoning.
Exam Format & Structure
- Paper Type: Structured (Paper 2)
- Duration: 1 hour 45 minutes
- Total Marks: 120
- Question Format: Short and long structured questions
- Sections: Usually divided into 4–6 main questions, some with sub-parts
2020 Cambridge O/L Accounting Past Paper – Part 2
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Topics Commonly Covered
- Preparation of Financial Statements
- Income statement
- Balance sheet
- Depreciation and Accruals
- Capital and Revenue Expenditure
- Ledger Account Preparation
- Bank Reconciliation & Control Accounts
- Incomplete Records & Adjustments
- Interpretation of Accounting Ratios
These topics are drawn from the Cambridge 7110 syllabus, and each question typically relates to practical scenarios found in business accounting settings. Paper 2 emphasizes your ability to apply principles, rather than just recall them.
Why This Paper Matters for Sri Lankan Students
For many Sri Lankan students taking the Cambridge pathway, Part 2 is often more challenging due to its depth and complexity. Practicing with the 2020 paper helps:
- Enhance your exam technique
- Improve your accounting presentation skills
- Master time allocation for structured questions
- Identify frequent examiner focus areas
Resources Available on EDUS Wiki
- Free downloadable PDF of 2020 Part 2 paper
- Detailed solution guide and marking tips (coming soon)
- Internal links
By integrating this paper into your revision routine, you’ll build accuracy, depth, and confidence.
The 2020 Cambridge O/L Accounting Past Paper – Part 2 is a vital practice tool for students aiming to ace their Cambridge O Level exams. With its real-world application format and in-depth conceptual testing, this paper pushes students beyond memorization — helping them develop analytical, writing, and technical accounting skills.
EDUS Wiki proudly supports Sri Lankan students with free, accessible resources tailored for exam success. Practicing with past papers like this allows you to learn from common mistakes, understand examiner expectations, and be better prepared for upcoming exams.
So don’t wait — download the 2020 Accounting Paper Part 2 now and begin mastering your Cambridge syllabus the smart way.
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