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A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2020 · Q61 Mark

A sales ledger control account included the following entries. 1 contra with the purchases ledger control account $500, debit 2 discount allowed $600, debit 3 irrecoverable debts written off $1200, debit Which entries must be corrected?

A1 and 2 only
B1 and 3 only
C1, 2 and 3
D2 and 3 only

✓ Correct answer

C: 1, 2 and 3

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2020 Paper 1 Variant 2, question 6.

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