O-LevelAccountingSources and recording of dataOct/Nov 2025Paper 1 Q261 Mark
A sports club was established on 1 January. It has a clubhouse and also runs a snack bar for its members. Which items would be included in the receipts and payments account for the first year ended 31 December? 1 new furniture to be used in the clubhouse, paid by credit transfer 2 subscriptions paid by club members in advance for the next financial year 3 subscriptions owing by club members at the end of the financial year 4 snack bar wages owing at the end of the financial year
A1 and 2
B1 and 4
C2 and 3
D3 and 4
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of sources and recording of data within the Accountingsyllabus. The examiner's mark scheme requires...
📋 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...
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