O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2022 · Q161 Mark

Parker received cash from Alexi for a debt that had been written off as irrecoverable. How should Parker record this in his accounts? account to be debited account to be credited A cash irrecoverable debts B cash debts recovered C debts recovered cash D irrecoverable debts cash

Acash, irrecoverable debts

Bcash, debts recovered

Cdebts recovered, cash

Dirrecoverable debts, cash

✓ Correct answer

B: cash, debts recovered

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2022 Paper 1 Variant 2, question 16.

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