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O-LevelAccountingAccounting proceduresOct/Nov 2022Paper 1 Q281 Mark

Aruna does not maintain a full set of double entry records. She provided the following information. $ trade payables on 1 August 2021 23450 trade payables on 31 July 2022 27 290 cash purchases made during the year 16000 payments made to credit suppliers 168 000 What was the cost of her purchases for the year ended 31 July 2022?

A$164 160
B$171840
C$180 160
D$187840

✓ Correct Answer

The correct answer is D. This question tests the candidate's understanding of accounting procedures within the Accountingsyllabus. The examiner's mark scheme requires...

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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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About This O-Level Accounting Question

This multiple-choice question appeared in the Cambridge O-Level Accounting (7707) Oct/Nov 2022 examination, Paper 1 Variant 2. It tests the topic of Accounting procedures and is worth 1 mark.

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