O-LevelAccountingSources and recording of dataOct/Nov 2021Paper 1 Q81 Mark
Jane purchased goods and paid by credit transfer. How should this be recorded in Jane's accounting records?
Aaccount to be debited: bank, account to be credited: purchases
Baccount to be debited: purchases, account to be credited: bank
Caccount to be debited: purchases, account to be credited: trade payable
Daccount to be debited: trade payable, account to be credited: purchases
✓ 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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