A-LevelAccountingBooks of Prime Entry and LedgersOct/Nov 2018Paper 1 Q51 Mark
A business sells a non-current asset for cash. The disposal account includes entries for the cost of the asset and the sales proceeds. Which books of prime entry are used?
Acost: cash book, sales proceeds: general journal
Bcost: cash book, sales proceeds: sales journal
Ccost: general journal, sales proceeds: cash book
Dcost: purchases journal, sales proceeds: cash book
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of books of prime entry and ledgers within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep