A-LevelAccountingControl AccountsOct/Nov 2023Paper 1 Q111 Mark
A credit customer gave cash to a sales ledger clerk in part settlement of her debt. The clerk was dishonest and kept the cash for himself. He entered the receipt in the customer's sales ledger account but made no entry in the cash book. What caused the theft to be discovered?
Abank reconciliation statement was prepared.
Bsales ledger control account reconciliation statement was prepared.
Cstatement of account was sent to and checked by the customer.
Dtrial balance was extracted from the books of account.
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of control accounts 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...
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