O-LevelAccountingAccounting proceduresOct/Nov 2019Paper 1 Q111 Mark

A supplier's account in Shilpa's ledger showed a balance owing on 1 October of $3400. In October Shilpa purchased goods, $860, and returned goods, $55. During the month she made a payment of $2000. What was the balance on the supplier's account in Shilpa's ledger on 1 November?

Q: What is the correct answer to this O-Level Accounting question?

The correct answer is A: $2205 credit.

Q: What topic does this question test?

This question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

A$2205 credit

B$2205 debit

C$6205 credit

D$6205 debit

✓ Correct Answer

The correct answer is A: $2205 credit

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Accounting Question

Topic

This multiple-choice question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2019 examination, Paper 1 Variant 2.

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