A-LevelAccountingDouble Entry BookkeepingFeb/Mar 2023Paper 1 Q21 Mark

A credit customer cleared her debt of $600 after deducting a cash discount of $12. How would the customer account appear in the books of the supplier after the payment has been recorded?

Q: What topic does this question test?

This question tests Double Entry Bookkeeping in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Adebit: balance b/d $600; credit: bank $588, discount allowed $12

Bdebit: balance b/d $600; credit: bank $588, discount received $12

Cdebit: bank $588, discount allowed $12; credit: balance b/d $600

Ddebit: bank $588, discount received $12; credit: balance b/d $600

✓ Correct Answer

The correct answer is A: debit: balance b/d $600; credit: bank $588, discount allowed $12

📋 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 A-Level Accounting Question

Topic

This multiple-choice question tests Double Entry Bookkeeping in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Feb/Mar 2023 examination, Paper 1 Variant 2.

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