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O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2021 · Q61 Mark

What is a cheque counterfoil used for?

Ato make a credit entry in the bank column of a cash book

Bto make a debit entry in the bank column of a cash book

Cto send a payment to a supplier

Dto send proof of payment to a customer

✓ Correct answer

A: to make a credit entry in the bank column of a cash book

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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 2021 Paper 1 Variant 2, question 6.

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