O-LevelAccountingVerification of accounting recordsOct/Nov 2021Paper 1 Q111 Mark
A standing order paid for rent has not been entered into the accounting records of a business. Which statement is correct?
ABecause the payment was made automatically, no additional entries are required in the accounting records.
BBecause the payment was made automatically, only an entry in the rent account is required.
CEntries are required in the cash book and in the bank reconciliation statement.
DEntries are required in the cash book and in the nominal (general) ledger.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of verification of accounting records 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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