O-LevelAccountingAccounting proceduresOct/Nov 2018Paper 1 Q151 Mark
Raj is both a customer of and a supplier to Balbir. Raj's account in Balbir's sales ledger showed a debit balance of $300. There was a credit balance of $100 on Raj's account in the purchases ledger. A contra entry between the two accounts was agreed. Which entry would Balbir make in Raj's account in the purchases ledger?
Acredit $100
Bcredit $200
Cdebit $100
Ddebit $200
✓ Correct Answer
The correct answer is C. 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...
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