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O-LevelAccountingSources and recording of dataOct/Nov 2022Paper 1 Q61 Mark

Which business documents provide information for writing up the sales journal and the sales returns journal?

Ainvoices issued (sales journal), credit notes issued (sales returns journal)
Binvoices issued (sales journal), credit notes received (sales returns journal)
Cinvoices received (sales journal), credit notes issued (sales returns journal)
Dinvoices received (sales journal), credit notes received (sales returns journal)

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The correct answer is A. This question tests the candidate's understanding of sources and recording of data 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 3. It tests the topic of Sources and recording of data and is worth 1 mark.

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