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A-LevelAccountingFinancial Statements of Sole TradersMay/June 2010Paper 1 Q61 Mark

The table shows information from the books of a business at 30 April 2010. details credit sales invoiced during financial year $79 000 goods sent to customers on 28 April 2010 and invoiced 4 May 2010 $6 100 goods sent to customers during April 2010 on sale or return basis but not sold by 30 April 2010 $8 300 What is the amount of sales for the year ended 30 April 2010?

A$76 800
B$85 100
C$85 300
D$93 400

✓ Correct Answer

The correct answer is B: $85 100

📋 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 Financial Statements of Sole Traders in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting May/June 2010 examination, Paper 1 Variant 2.

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