O-LevelAccountingSources and recording of dataOct/Nov 2021Paper 1 Q51 Mark
Leah bought goods, $8000, less 15% trade discount. She later returned half of these goods as they were faulty. Which document did Leah issue to the supplier for the returned goods?
Acredit note for $3400
Bdebit note for $3400
Ccredit note for $4000
Ddebit note for $4000
✓ 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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