O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2019 · Q131 Mark

Hanna owed Alan $1800. On 1 June Hanna paid $1300 and the remaining balance was written off. What entries did Alan make on 1 June?

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Abank account: debit $1300; bad debts account: debit $500; Hanna account: credit $1800

Bbank account: debit $1300; bad debts account: credit $1800; Hanna account: debit $500

Cbank account: credit $1300; bad debts account: debit $1800; Hanna account: credit $500

Dbank account: debit $1300; bad debts account: credit $500; Hanna account: debit $1800

✓ Correct answer

A: bank account: debit $1300; bad debts account: debit $500; Hanna account: credit $1800

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2019 Paper 1 Variant 2, question 13.

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