O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2025 · Q301 Mark

Munira has not maintained a full set of accounting records. How would she calculate her credit purchases figure for a month?

Apayments to credit suppliers + closing trade payables – discounts received – opening trade payables

Bpayments to credit suppliers – closing trade payables + discounts received + opening trade payables

Cpayments to credit suppliers – closing trade payables – discounts received + opening trade payables

Dpayments to credit suppliers + closing trade payables + discounts received – opening trade payables

✓ Correct answer

D: payments to credit suppliers + closing trade payables + discounts received – opening trade payables

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2025 Paper 1 Variant 2, question 30.

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