O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2017 · Q31 Mark

A trader provided the following extract from his sales journal. 2017 sales journal: October 7 J Sango goods $100 trade discount $20 Total $80 Which entry was made in the account of J Sango in the sales ledger?

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Acredit $80

Bcredit $100

Cdebit $80

Ddebit $100

✓ Correct answer

C: debit $80

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2017 Paper 1 Variant 2, question 3.

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