O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2025 · Q211 Mark

At the beginning of the year on 1 January, Keith was owed $1500 commission by clients. During the year, Keith received $18000 commission. At the end of the year on 31 December, Keith was owed $800 commission by clients. How much commission did Keith record in his income statement for the year ended 31 December?

A$15700

B$17300

C$18700

D$20 300

✓ Correct answer

B: $17300

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

Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2025 Paper 1 Variant 2, question 21.

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