O-LevelAccountingVerification of accounting recordsOct/Nov 2019Paper 1 Q71 Mark
On 1 October the bank column of Kim's cash book showed an overdraft of $120. She was then notified that a cheque, $80, received from a customer in September had been dishonoured. What was the balance of the bank column in Kim's cash book after recording this dishonoured cheque?
Acredit $40
Bcredit $200
Cdebit $40
Ddebit $200
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of verification of accounting records 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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