O-LevelAccountingAccounting proceduresOct/Nov 2025Paper 1 Q231 Mark

Raj and Rohit are in partnership sharing profits and losses in the ratio of 2: 1. Raj is entitled to an annual salary of $3000. The profit for the year was $14 100 for the year ended 31 December 2024. On 1 January 2024, Raj's current account had a debit balance of $1800. What was the credit balance on Raj's current account on 1 January 2025?

Q: What is the correct answer to this O-Level Accounting question?

The correct answer is A: $8600.

Q: What topic does this question test?

This question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

A$8600

B$10400

C$12200

D$12400

✓ Correct Answer

The correct answer is A: $8600

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Accounting Question

Topic

This multiple-choice question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2025 examination, Paper 1 Variant 2.

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