O-LevelAccountingSources and recording of dataOct/Nov 2023Paper 1 Q31 Mark
A trader, Karim, purchases a new vehicle by cheque. He will use the vehicle to deliver goods to his customers. How should Karim record this transaction in his books? account to be debited account to be credited
Abank motor vehicles
Bbank purchases
Cmotor vehicles bank
Dpurchases bank
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of sources and recording of data within the Accountingsyllabus. The examiner's mark scheme requires...
📋 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...
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