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O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2020 · Q51 Mark

Which entries did Sally make to record the following transaction? Rashid, a credit customer, returned damaged goods. account to be debited | account to be credited --- | --- purchase returns | Rashid Rashid | purchase returns sales returns | Rashid Rashid | sales returns

Apurchase returns | Rashid
BRashid | purchase returns
Csales returns | Rashid
DRashid | sales returns

✓ Correct answer

C: sales returns | Rashid

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About this question

Topic
Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 5.

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