O-LevelAccountingAccounting procedures7707/13 · Oct/Nov 2022 · Q141 Mark

A sales ledger control account included the following items. 1 discount allowed 2 dishonoured cheques 3 interest on overdue accounts 4 irrecoverable debts For which of these items was the information obtained from the general journal?

A1 and 2

B1 and 3

C2 and 4

D3 and 4

✓ Correct answer

D: 3 and 4

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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 3, question 14.

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