A-LevelAccountingBooks of Prime EntryFeb/Mar 2024Paper 1 Q41 Mark
Tom bought goods costing $100 on credit from Sam. He returned goods costing $20 as faulty. He deducted a cash discount and paid $76 by cheque in full settlement. Which amounts were recorded in Tom's books of prime entry?
Apurchases journal: $80, purchases returns journal: $0, three-column cash book (bank column): $76
Bpurchases journal: $80, purchases returns journal: $0, three-column cash book (bank column): $80
Cpurchases journal: $100, purchases returns journal: $20, three-column cash book (bank column): $76
Dpurchases journal: $100, purchases returns journal: $20, three-column cash book (bank column): $80
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of books of prime entry 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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