O-LevelAccountingAccounting proceduresOct/Nov 2017Paper 1 Q101 Mark
Elizabeth issued an invoice to Jane for $500 on 1 February. On 30 April Elizabeth received $300 from Jane. She wrote off the remaining balance on 28 October. Which entries did Elizabeth make on 28 October? | | account debited | $ | account credited | $ | |---|---|---|---|---| | A | bad debts | 200 | Jane | 200 | | B | Jane | 200 | bad debts | 200 | | C | bad debts | 200 | income statement | 200 | | D | income statement | 200 | bad debts | 200 |
Abad debts 200 Jane 200
BJane 200 bad debts 200
Cbad debts 200 income statement 200
Dincome statement 200 bad debts 200
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of accounting procedures 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