O-LevelAccountingSources and recording of dataOct/Nov 2019Paper 1 Q91 Mark
The following account appeared in Amna's ledger. Syed account date details debit $ credit $ balance $ Sept 1 balance b/d 400 dr 14 sales 600 1000 dr 26 bank 390 610 dr 26 discount 10 600 dr Which statement is correct?
AOn 1 September Amna owed Syed $400.
BOn 14 September Syed purchased goods, $600, on credit from Amna.
COn 26 September Amna paid Syed $390 by cheque.
DOn 26 September Syed allowed $10 cash discount to Amna.
✓ 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...
📋 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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