A-LevelAccountingIrrecoverable Debts and AllowancesFeb/Mar 2024Paper 1 Q141 Mark
Deepak provided the following information. end of year 1 $ / end of year 2 $ allowance for irrecoverable debts 600 / 800 rate of allowance 3% / 5% By how much did the total of trade receivables change from the end of year 1 to the end of year 2?
A$4000 decrease
B$4000 increase
C$10 000 decrease
D$10 000 increase
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of irrecoverable debts and allowances 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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