O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2023 · Q141 Mark

When preparing a sales ledger control account, what is the source of information for amounts received from credit customers?

Abank statements

Bcash book

Csales ledger accounts

Dstatements of account

✓ Correct answer

B: cash book

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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 2023 Paper 1 Variant 2, question 14.

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