O-LevelAccountingSources and recording of dataOct/Nov 2018Paper 1 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
The correct answer is B. This question tests the candidate's understanding of sources and recording of data within the Accountingsyllabus. The examiner's mark scheme requires...
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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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