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O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2023 · Q11 Mark

Which actions are examples of book-keeping? 1 entering details of a cheque received from a customer in the cash book 2 entering details of goods purchased on credit in the purchases journal 3 producing an income statement to calculate the profit for the year 4 recording details of credit sales in the account of a credit customer

A1, 2 and 3
B1, 2 and 4
C1 and 2 only
D3 and 4

✓ Correct answer

B: 1, 2 and 4

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2023 Paper 1 Variant 2, question 1.

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