O-LevelAccountingAccounting proceduresOct/Nov 2022Paper 1 Q161 Mark

Manjit depreciates her motor vehicles by $1000 at the end of each financial year. Which journal entry would Manjit make at the end of each financial year?

Q: What topic does this question test?

This question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Adebit income statement, credit provision for depreciation of motor vehicles

Bdebit motor vehicles, credit provision for depreciation of motor vehicles

Cdebit provision for depreciation of motor vehicles, credit income statement

Ddebit provision for depreciation of motor vehicles, credit motor vehicles

✓ Correct Answer

The correct answer is A: debit income statement, credit provision for depreciation of motor vehicles

📋 Examiner Report & Trap Analysis

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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Accounting Question

Topic

This multiple-choice question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2022 examination, Paper 1 Variant 3.

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