O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2018 · Q41 Mark

Andy purchases goods from Charles. The account of Charles in Andy's books for the month of September showed the following entries. Sept 1 purchases 625 625 cr 8 returns 27 598 cr 17 purchases 317 915 cr 30 bank 598 317 cr Which document would be issued by Charles on 8 September?

Acheque

Bcredit note

Cdebit note

Dinvoice

✓ Correct answer

B: credit note

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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 2018 Paper 1 Variant 2, question 4.

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