O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2025 · Q31 Mark

Sally maintains a full set of accounting records. She has entered the following transactions in her cash book. 1 A cheque for $200 was received from a credit customer. 2 An insurance premium of $200 was paid by cheque. 3 Petrol for the delivery van was paid for in cash. 4 Total cash sales of $400 were received. Which transactions will then be entered into the nominal ledger?

A1 and 4

B1 only

C2, 3 and 4

D2 and 3 only

✓ Correct answer

C: 2, 3 and 4

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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 2025 Paper 1 Variant 2, question 3.

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