O-LevelAccountingSources and recording of data7707/13 · Oct/Nov 2022 · 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)

✓ Correct answer

A: invoices issued (sales journal), credit notes issued (sales returns journal)

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2022 Paper 1 Variant 3, question 6.

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