O-LevelAccountingSources and recording of data7707/12 · Oct/Nov 2025 · Q61 Mark

A supplier has received a debit note from a customer. What does the supplier use this debit note for?

Ato complete a statement of account

Bto correct the sales journal

Cto make an entry in the sales returns journal

Dto prepare a credit note

✓ Correct answer

D: to prepare a credit note

Oracle Prep sorts past-paper questions by topic, so you can drill Sources and recording of data and see which topics are most likely to come up next.

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 6.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content